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The Conviac property is located in the James Bay region of Quebec, 22 km north of the Eastmain river and about 275 km north of Chibougamau. The property consists of 198 map-designated claims covering a total area of 104.1 km2. It is wholly-owned by NQ Exploration Inc.
The rocks of the Conviac property belong to the Opinaca metasedimentary subprovince of the Superior geological province. The basement rocks of the region consist primarily of the Archean migmatitic paragneisses of the Laguiche Group. Goldcorp’s Eleonore deposit (NI 43-101 indicated resource of 1.83 million ounces of gold) 85 kilometres northwest of Conviac and Eastmain Resources Inc.’s Eau Claire deposit (NI 43-101 indicated and inferred resources of 1 million ounces of gold) 65 kilometres to the west are also found in the Laguiche Group. The sediments are cut by pre- and syn-tectonic intrusions whose composition varies from quartz diorite to quartz monzodiorite and from tonalite to granodiorite, as well as by Proterozoic diabase dikes. In the 1970s, the Conviac property was covered by regional geochemical lake sediment surveys carried out by the Societe de developpement de la Baie-James (SDBJ). These surveys identified gold anomalies that constitute the primary feature of interest on the property. This first stage of exploration resulted in the discovery of a new geological unit, a band of amphibolites, in the centre of the property, with the presence of numerous gossans with associated copper-silver values, including 0.12% copper and 1.2 g/t silver. This is the area where the largest number of mineralized zones were seen and where there is substantial evidence of hydrothermal alteration. The magnetometry survey data was used to interpret the large fold hinges affecting all the units, and to delineate some of the geological units. |