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PowerOre Inc.
Summary
| Project: | Opemiska | |
|---|---|---|
| Deposit: | Opemiska | |
| Location: | Canada | |
| Commodities: | Copper-Gold | |
| Date: | 5/9/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-5-2019: PowerOre Inc. announces an Exploration/Drilling Update report for its Opemiska deposit at the Opemiska project. Amended Summary of property and recommendations for further work. The present technical report covers pertinent scientific and techni | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Claude Larouche (Ovalbay Geological Services Inc.) | |
| ABSTRACT: | The present technical report covers pertinent scientific and technical information on the OPEMISKA Mines Complex located in Chapais, part of the Chapais Chibougamau mining district, province of Quebec, Canada. This former high grade copper producer (Falconbridge / Minnova; 1953-1991) produced: 21,358,720 tonnes grading 2.39% Cu and 0.82 g/t Au (Springer: 12,468,000 tonnes at 2.56% Cu & 1.23 g/t Au; Perry: 8,890,720 tonnes at 2.16% Cu & 0.24 g/t Au (Morin R. 1994)). About 40% of the ore came from Perry Shaft. Springer produced a higher gold-grade. The block of claims was acquired by Explorateurs – Innovateurs de Québec Inc. (Ex-In) in 1993, after the previous operator, Falconbridge / Minnova, allowed the mining leases to lapse. For the project under study, PowerOre Inc. will evaluate the potential of developing an open pit operation targeting the residual copper mineralization at the sites of these former producers: Springer and Perry shafts, from surface down to approximately 250 m. The surface pillars along with the residual mineralization above, below and along strike of the previously mined structures will be investigated first by 3D modelling for multi-elements mineralization (Cu-Ag-Au-Co-Zn-Pb-Mo-W) and followed by a limited drilling program in order to validate the old assays. Nevertheless the potential for underground operations (including ramp) will not be overlooked as part of the present study. Recently, numerous underground operations similar to Opemiska have been successfully re-evaluated as targets for bulk surface and/or bulk underground mining (Osisko Malartic, Agnico Eagle /Goldex to name a few). | |
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