Property Name: Authier
Location: Located in Poularie, Royal Roussillon and Privat townships approximately 70 Km north of Rouyn-Noranda (Québec).
Geographical Coordinates: Longitude 78° 50’ 30” West, Latitude 48° 40’ 44” North
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Commodities: Gold, Copper, Lead, Zinc
Legal Status: The property is composed of 82 exploration licenses totaling 3,743 hectares or 9,245 acres. The property is divided into three contiguous claim blocks, the Authier SE (51 claims), Authier NW (27 claims) and Authier Centre (4 claims).
Ownership: Claims are 100% owned by Xmet Inc. through its wholly-owned subsidiary Duquesnes-Ottoman Mines Inc.
History: Numerous exploration programs have been undertaken in the area of the claims since the first recorded work in 1950. Activities include drilling but also geological mapping, qualifying reports and numerous geophysical surveys including induced polarization surveys. Only 14 drill holes totaling 1,220 metres were collared on the current property. Two holes intersected significant mineralization. Hole L29 (GM-1739E) 7.23% Cu and 1.86 g/t Ag over 0.15 metres. Hole ML-86-56 intersected 0.622 g/t Au over a core interval of 14.0 metres. However the zone remains open on both sides.
Highlights: Several mineral occurrences have been highlighted on adjacent properties within the corridor of the Macamic Deformation Zone. The Lac Chavigny West showing: 4.11 g/t Au over 0.76 metres; The 88-04 showing: 1.2 g/t Au over 0.6 metres; Tousism showing: 10.2 g/t Au, 4.0 g/t Au and 2.15 g/t Au (all grab samples); Magoma showing: 5.8 g/t Au over 2.1 metres and 5.1 g/t Au over 4.8 metres; Chemin de Fer South: 77 g/t Ag, 1.15 % Pb, 0.12% Cu and 0.17 g/t Au (grab sample). All these numbers were taken from the Quebec Fiche de Gîtes mineral occurrences database.