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Matagami Project
Matagami
Country
Canada
Province
Quebec
Close to
Rouyn-noranda
Status
ADVANCED DISCOVERY
Surface
4,737 km² / 1,170,513 acres
Number of claims
2045
Latitude / Longitude
49 N 45 / 77 W 37
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Risk and valuation analysis of the Matagami Project
Status Risk : Advanced discovery
Country Risk : Very Low
Resource Risk : 39.00%
In situ value
930,787,107 $
Title(s) of the Matagami Project
Xstrata plc
Joint venture: 50%
Title
Company Profile
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Company website
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Donner Metals Ltd.
Joint venture: 50%
Title
Company Profile
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Company website
Company project page
Donner has the option to earn a 50% participating joint venture interest in the Matagami Project by incurring a total of $25 million of expenditures on exploration and related work on or before May 31, 2011.
Location of the Matagami Project
The Matagami Project essentially encompasses the Matagami mining camp in northwestern Quebec. Located 650 km northwest of Montreal and 183 km by road north of Amos, the property comprises 2,045 mineral claims covering 477 km2. There is a surrounding area of mutual interest totaling 4,737 km2 which covers portions of NTS map sheets 32E09, 32E16, 32F10, 32F11, 32F12, 32F13, 32F14, and 32F15.
History of the Matagami Project
The Matagami mining camp has had a long and varied exploration history commencing in the first half of the 1900s when the area was first prospected, mainly for precious metals. This led to the discovery of gold and copper showings along the Bell and
more...
Geology of the Matagami Project
The Bracemac and McLeod zones contain sulphides that are generally typical of zinc-enriched Matagami-type VMS deposits. The zones differ on the basis of significant sulphides stacked in two separate stratigraphic horizons in the hanging wall to the K
more...
Reserves and resources of the Matagami Project
Tonnage
Grade
Reserves and resources
Zinc
Gold
Copper
Silver
Zinc
Gold
Copper
Silver
%
g/t
%
g/t
lbs
oz
lbs
oz
Indicated
3,648,084
11.09
0.48
1.55
31.34
891 929 720
56 299
124 661 052
3 675 825
Mesured and Indicated
3,648,084
11.09
0.48
1.55
31.34
891 929 720
56 299
124 661 052
3 675 825
Inferred
528,290
1.25
0.18
1.79
11.51
14 558 501
3 057
20 847 774
195 496
Total
4 176 374
906 488 221
59 356
145 508 825
3 871 322
Definitions
Reserves and resources of the Matagami Project
Metal
Total
Reserves
Resources
Unit
In situ value
Proven
Probable
Proven and Probable
Measured
Indicated
Mesured and Indicated
Inferred
Zinc
906 488 221
891 929 720
891 929 720
14 558 501
lbs
671 617 123 US$
Copper
145 508 825
124 661 052
124 661 052
20 847 774
lbs
478 578 527 US$
Silver
3 871 322
3 675 825
3 675 825
195 496
oz
87 182 169 US$
Gold
59 356
56 299
56 299
3 057
oz
82 380 543 US$
Title / Ownership
4/26/2011
Completes Earn-In on the Matagami Project
Exploration and drilling
2/22/2012
Ltd=2E: New Drilling Continues to Demonstrate Potential of M...
3/6/2011
Bracemac-McLeod Ramp Moves Past 660 Metres
10/5/2010
Xstrata Zinc To Conduct Definition Drilling at PD1 Deposit
7/12/2010
Drilling Extends McLeod Deep Discovery
3/8/2010
Bracemac-McLeod Update
11/23/2009
Expanded Winter Drill Progam Initiated at Matagami
10/1/2009
Bracemac-McLeod Feasibility Advances as Exploration Continue...
7/15/2009
BRACEMAC-MCLEOD advances to feasibility
6/8/2009
on BNN and Matagami Project Details
3/30/2009
Vers une nouvelle mine de zinc à Matagami
2/12/2009
featured on Minesite.com
Discoveries and Drilling Results
11/15/2010
2.35% Copper Over 8.9 Metres Intersected in the North Flank ...
9/2/2010
Inferred Resources at Bracemac-McLeod Expand by 2.07 Million...
2/16/2010
McLeod Deep Discovery Expanded-7.50 Metres Grading 10.27% Zi...
1/14/2010
21.60 Metres Grading 6.05% Zinc, 1.85% Copper, 65.5g/t Silve...
3/13/2009
NEW DISCOVERY AT MATAGAMI²
11/12/2008
Assays Return High-Grade Zincand Copper from the McLeod Disc...
5/27/2008
Four New High GradeIntersections at Bracemac/McLeod Includin...
5/9/2008
13.47% Zinc, 2.33% Copper Over 6.95 Metres Intersected at Br...
1/10/2008
DRILLING INTERSECTS 9.48% ZINC AND 2.81% COPPER OVER 6.00 ME...
Location
Data last updated on : 1/22/2009
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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