Midland Exploration, in partnership with Zincore Metals Inc., has published more information on the Gatineau Zinc project in its management discussion and analysis document filed with its financial statements as of December 31, 2010:
Gatineau Zinc (Zn), in partnership with Zincore operated by Midland
Exploration work on the property
The final report and data for the Leitch PROMIS follow-up was received. With all the data in hand, a consultant geophysicist modelized the VTEM-PROMIS conductors on both the Leitch and Bouchette properties to refine the drilling targets. A total of eight (8) diamond drilling targets were proposed on the Leitch (5 DDH) and Bouchette (3 DDH) properties. Diamond drill holes aiming VTEM-PROMIS and geological-structural targets started in January 2011.
According to financial statements Midland has invested $48,762 in deferred exploration expenses.
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Additional information is found in Zincore's management discussion and analysis filing as of September 30, 2010:
In April 2010 the Company optioned a promising zinc land package from Midland. The Gatineau project is located in the province of Québec close to major infrastructure. This project is known to host several significant zinc occurrences and it shares many similarities with the prolific Balmat-Edwards District, located only 60 kilometres to the south. The zinc mineralization occurs as either conformable to relict bedding within certain stratigraphic horizons, or within cross-cutting, ductile shear zones.
In the Gatineau area, there are more than 40 zinc, zinc-iron and iron showings and prospects that are mainly concentrated in the west part of the Grenville meta-sedimentary belt (Gatineau-Maniwaki area). The zinc and zinc-iron occurrences are hosted in dolomitic marbles and found occasionally in association with overlying iron formation, those being sulphide-rich, iron oxide-rich and/or carbonate-rich.
Semi-massive to massive sulphide mineralization has been noted on seven different locations within the optioned land package namely, the Bouchette-DesNègres, Leitch-Lafontaine-Parker and Lemieux-Route 107, Blue Sea, and Kilmar horizons. Typically the massive sulphides contain 25% sphalerite, 25% pyrrhotite, 15% pyrite and trace chalcopyrite in a matrix made mainly of diopside and variable amounts of calcite, phlogopite, tremolite, scapolite and rare quartz. The sulphides are homogeneous, granular and vary in size from medium to coarse (5 to 10 mm).
During 2007 and early 2008, Midland conducted a limited combined magnetic and electromagnetic helicopter survey (VTEM) over some of the known mineralized areas within the Gatineau project area. The combined EM and magnetometric survey proved to be very effective to map buried favourable geology unknown until now. Preliminary results indicate that the new survey has detected conductors on several lines with some of them having a good magnetic association.
The exploration program on the Gatineau project started in July 2010 with some ground geophysical surveys and additional geological mapping of priority AEM targets. Two trenches were recently completed to obtain further geological data in order to orient a future drilling campaign. Channel sampling, on both sites, revealed a zinc rich massive sulphide horizon. On one trench, a total of 35 samples were collected from six channels through the massive sulphide horizon, traceable over an 80 metre strike length. Best results returned 24.1% zinc over 3.0 metres, including 32.5% zinc over 2.0 metres. On the second trench, located to the southwest, a total of 14 samples were collected from three channels through the massive sulphide horizon. Best results returned 21.0% zinc over 2.0 metres. Overall, a total of 12 intervals, 0.5 metre long have returned assays over 30% zinc, including a value as high as 43.13% zinc. Drilling is expected to begin prior to year end.
It's associated financial statements suggest it has spent $195,000 on the Gatineau Zinc Project and accrued a further $335,000 towards it.
Source: sedar.com
WQ-CAMU / COQCEU
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