Quebec - Duverny
The Duverny property is centered on a mafic volcanic belt associated with the Chicobi fault corridor. In the targeted sector, the indicators of gold mineralization proximity present similarities with the Timmins context, such as carbonate saturation and the presence of extensive quartz vein systems associated with folded structures.
A first phase of exploration activity during the third quarter, 2011, focused on drill target generation with the collection of 1,300 soil samples on a 200 metre-wide line spacing. The Duverny property has had very little exploration activity other than limited prospecting and drilling. A land package extending for 10 kilometres has been staked in the extension of a main showing area where historical drilling has confirmed grade and structural continuity. Work planned for the fourth quarter, 2011, include ground geophysical work on anomalies identified, followed by drill testing, representing expenditures of approximately $0.5 million.
The Duverny property is located approximately 100 kilometres north of Val d’Or and is 100% owned by Aurizon comprising 144 claims, and representing an area of 6,202 hectares. Of the total claims, 16 claims have been purchased from a prospector and are subject to a 1.5% NSR.
Aurizon may earn a 100% interest in 14 mineral claims covering 2,700 hectares, 25 kilometres northeast of Amos, Quebec, subject to underlying royalties. An additional 87 claims surrounding the property have been staked, subject to acceptance by Provincial authorities. The Duverny Property covers part of a mafic volcanic belt associated with the Chicobi fault corridor. Gold mineralization indicators in this area have similarities to the Timmins context, such as carbonate saturation and the presence of extensive quartz vein systems associated with folded structures.
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