Location: 33F/03 – 88 km northwest of Goldcorp's Eleonore Gold deposit (plus 3M-oz Au resource) – and accessed via the Radisson-Hydro Québec James Bay paved road.
Ownership: Radisson includes 87 claims, Radisson East claims owned 100% by LaSalle; 4,450 hectares. Acquired from September 2012 (some claims subject to a 2% NSR).
Target: Magmatic Ni-Cu-PGM, Shear Hosted Cu-Au, IOCG
Highlights: In 2012, an airborne VTEM survey covering 130 square kilometres was completed over the claim group resulting in the identification of numerous conductors coincident with high magnetic responses. Subsequent field work led to the discovery of a mafic-ultramafic-anorthositic layered complex hosting Cu-Ni-PGM mineralization associated with the VTEM conductors. Reinterpretation of regional government magnetic surveys suggested that the layered complex extended beyond the property boundaries and led to acquisition of additional claims to cover prospective ground. Selected VTEM conductors were then targeted in the winter of 2013 by a HLEM. A NI 43-101 report for the Radisson Property was completed in 2013 by Geologica Groupe-Conseil Inc., and the Property has been qualified for an eventual Tier 2 listing by the Toronto Stock Exchange Venture.
In the spring of 2013 another VTEM survey covering the newly acquired ground was completed leading to the identification of additional targets. During the summer of 2013, follow-up over the main target conductors resulted in the discovery of new mineralized areas and extensions to the layered complex. In 2014, extensions to known mineralization were found in multiple locales and gold values become more intriguing.
- Results over an exposed conductive rusty zone returned 0.25% Ni, 0.11% Cu, 168 ppm Co and 0.21 ppm Pd over 29 metres in a cut channel sample, verifying the thickness of the conductor estimated from the HLEM survey.
- Grab samples of other mineralised outcrops returned values to 5.3% Cu, 1.15% Ni, 25 g/t Au and 76.8 g/t Ag.
The Radisson Project presents lithological/structural similarities with the Thompson Nickel Belt
A microprobe study shows that nickel is associated with sulphides