The Project DESPINASSY is in ADVANCED DISCOVERY stage. Mining Property in CANADA Province of QUEBEC : Ownership, location, history, geology, maps, reserves and resources, related press releases

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Despinassy Project

Despinassy

Country

Canada

Province

Quebec

Close to

Val d'or

Status

ADVANCED DISCOVERY

Latitude / Longitude

48 N 44 / 77 W 27

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Produces

Develops

Explores for

Gold -

Last updated on 7/21/2010 - Terms of Use

Risk and valuation analysis of the Despinassy Project

Status Risk : Advanced discovery

Country Risk : Very Low

Title(s) of the Despinassy Project


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Location of the Despinassy Project
Despinassy Gold project is located in Quebec's Abitibi Gold Belt.

History of the Despinassy Project
In the early 1970's, Soquem drill explored the base metal potential of the property and intersected a number of narrow gold veins. During the 1980's, UMEX discovered several more narrow intersections of gold mineralization in a number of shallow holes. Both drill programs only tested the upper portion of the wide deformation zone.

Geology of the Despinassy Project
Gold mineralization is related to felsic porphyry dykes within a broad deformation zone in mafic volcanics. This east-west trending zone traced by drilling hosts gold mineralization over a strike length of more than 4 km. The deformation zone and mineralization are open in both directions and downdip.

Exploration and drilling

3/4/2008	(Commander Res.)Receives Cash and Shares for Despinassy Interest
1/10/2008	(Commander Res.)Sells Despinassy Interest To JV Partner

Discoveries and Drilling Results

5/9/2008	(Alto Ventures)Completes Winter Program, Receives Final Results From Drilli...
5/31/2006	(Alto Ventures)Further High Grade Results at Alto's Despinassy Gold Deposit
3/29/2006	(Alto Ventures)Discovers New High Grade Gold Zone at Despinassy Project, Qu...
3/20/2006	(Alto Ventures)continues to intersect high-grade gold at the DAC deposit, D...
2/27/2006	(Alto Ventures)Intersects 178.5 g/t Gold Over 1.0 Metre at the DAC Deposit,...
2/27/2006	(Commander Res.)Drilling Intersects 178.5 g/t Gold Over 1.0 Metre on Despina...

Location

Data last updated on : 12/19/2008

Disclaimer
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.