Property Hazeur
Location
The Hazeur property is located in the Chibougamau region of Québec. It is located approximately 25 kilometres south-west of the city of Chibougamau and 15 kilometres south of the city of Chapais. It is easily accessible by the Barrette-Chapais-South road and various other logging roads which are located in this region.Description
The property is comprised of 147 mineral claims, covering a surface area of 2,382 hectares. The property was acquired by Fieldex in August 2006 and all of the claims are in full force and effect.Geology
The Hazeur property is located at the eastern extremity of the North Volcanic zone of the Abitibi subprovince and, more precisely, within the Caopatina-Desmaraisville metavolcanic-metasedimentary belt. All the lithologies in the region belong to the Superior Province and are Archean in age, with the exception of Proterozoic diabase dykes. Caopatina segment is characterized by one metavolcanic-metasedimentary cycle that is divided into the Obatogamau and Caopatina formations. The Obatogamau Formation, situated at the base of the stratigraphic sequence, is interpreted as a vast sub-marine plain that consists of mafic to felsic metavolcanic centers scattered over tholeitic metabasalt. The Obatogamau Formation, which forms a long basin situated within a large regional syncline (the Druillettes syncline), is overlain by metasedimentary rocks of the Coapatina Formation. These rock units are crosscut by east-west-striking faults and overprinted by regional metamorphism that varies from the greenschist facies to the amphibolite facies.Mineralization
The gold potential of the Coapatina metavolcanic-metasedimentary segment is evident by the presence of the Joe Mann mine, operated by Campbell Resources, the Philibert deposit Exploration Cambiex), and numerous gold showings that are dispersed along the segment. The Joe Mann mine, located approximately 15 kilometres east of the Hazeur property, has produced more than 900,000 ounces of gold since the 1950s. The Philibert deposit, located less than one kilometre to the east of the Hazeur property, contains resources from 1.4 Mt to 5.32 g/t. Au (MB-99-33: Government of Québec database). Ten gold showings have been identified on the property.The gold grade of the showings varies from 1.00 g/t to 34.00 g/t. Little detailed work has been conducted in the past on these mineral showings.