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Soquem Inc.

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Summary

Project:

B26

Deposit:B26
Location:Canada
Commodities:Copper-Zinc-Gold-Silver
Date:10/10/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:10-10-2017: Soquem Inc. announces an Exploration/Drilling Update report for its B26 deposit at the B26 project. Drilling results incl. 5.90m @ 3.72% Cu, 0.01% Zn, 5.46g/t Au, 7.9g/t Ag from 860.10m. VAL-D’OR, October 10, 2017. SOQUEM, a subsidiary of Ress
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Stephane Poitras (Internal)
ABSTRACT:VAL-D’OR, October 10, 2017. SOQUEM, a subsidiary of Ressources Québec, is pleased to announce the results of the spring 2017 drilling program on the volcanogenic massive sulphide Zn-Cu-Au-Ag deposit at its B26 Project, situated 90 km west of Matagami in the province of Québec. The drilling program, which explored and improved the definition of the B26 deposit, was carried out from January to April 2017. A total of 11,108 metres were drilled in 18 drill holes and three wedges. Of these, six holes and one wedge were abandoned due to excessive deviation. Two main types of mineralization characterize the B26 deposit. The northern part of the mineralized system is interpreted as a copper-rich alteration pipe with local gold enrichment, characterized by chalcopyrite veins and veinlets hosted in sericitized and chloritized rhyolite. The southern portion of the system, enriched in zinc and silver, contains mostly disseminated to massive sphalerite, pyrite and galena, hosted in horizons of aphyric rhyolite and chert. The zones are parallel and the stratigraphy is oriented generally east-west, dipping 87° to the south. The full analytical results are presented in Table 1 and the technical data is presented in Table 2. A location map shows the position of surface drill holes and two longitudinal sections (copper-rich alteration zone and zinciferous exhalative zone)show the distribution of new drill hole pierce points compared to previous drill holes.

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