| Company | Mosaic Mineral Corp |
| Date | 2018 |
| Region | Quebec, Canada |
| Commodities | Gold |
| Mine Type | N/A |
| Throughput | N/A |
| Mine Life | N/A |
| Annual Production | N/A |
| Status | Exploration |
Executive Summary
This 2018 NI 43-101 Technical Report details the exploration status of the Opawica Property, owned by Mosaic Mineral Corp. The property is situated within the prolific gold-bearing Opawica-Guecherville deformation corridor in Quebec, specifically within the Caopatina-Desmaraisville volcanic belt. The geological setting involves mafic volcanic rocks of the Obatogamau formation overlaid by sedimentary rocks of the Caopatina formation, with potential mineralization hosted in shear zones and quartz veins.
The report highlights the high exploration potential of the property due to its proximity to several active gold deposits and projects, including Philibert, Meston Lake, Joe Mann, Anik, Nelligan, Chevrier, and Monster Lake. Mineralization is described as orogenic gold occurrences associated with quartz-carbonate veins and sulfides in sheared felsic dykes and gabbro sills. Historical evaluations of adjacent properties suggest significant gold fertility in the region.
Current work is at the exploration stage with no production or processing infrastructure. The authors recommend a Phase 1 program involving line cutting, geophysical surveys (Induced Polarisation), and potential stripping and drilling campaigns. A budget of approximately $126,690 is estimated for Phase 1, with a potential Phase 2 drilling campaign budget of $600,000 if geophysical results justify further investment.
Reports
Adjacent Properties
- Philibert Deposit
- Meston Lake
- Former Joe Mann Mine
- Anik Project
- Nelligan Project
- Chevrier Project
- Monster Lake Project
Website: https://mosaicminerals.ca/an-introduction-to-mosaics-opawica-gold-project-and-management/
Report Date: 2018
Region: Quebec, Canada
Project Status: Exploration
Commodity: Gold
Throughput: N/A
Mine Life: N/A
Mine Type: N/A
Ore type:
