| Risk and valuation analysis of the Launay Project |
| Status Risk : Green exploration |
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| Location of the Launay Project |
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Launay Gold Property consists of three claim units in Launay Township. The property is located 80 kilometres north west of Val-D'Or, Quebec.
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| History of the Launay Project |
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Two holes drilled in 1991, intersected 0.4% copper and 3.8 grams per tonne gold over 1.2 metres and 1.7 grams per tonne gold over 0.6 metres.
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| Geology of the Launay Project |
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Series of quartz-carbonate veins hosted by a narrow band of felsic pyroclastics and felsic dikes within mafic volcanic rocks. The veins host disseminated pyrite and pyrrohite and make up 1% to 2% of a zone of structural deformation.
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