COVETTE PROPERTY
Consists of 65 mineral claims totaling approximately 3,370 ha, located in Quebec’s James Bay region, 190 km east of Radisson, QC.
Geologically, a greenstone belt underlies the region, comprised of various mafic to ultramafic rock units considered prospective for base and precious metals (Ni-Cu-Co-PGE-Au-Ag), as well as pegmatite hosted rare metals (Li-Ta). Historically, the property area has been subject to only limited exploration, which focused primarily on prospecting and sampling.
Historic sampling results include the pegmatite/ amphibolite Clothilde Showing where 4.7% Mo, 0.73% Bi, 0.09% Pb, and 6.0 g/t Ag, as well as 1.2 g/t Ag and 0.18% Cu were returned from two grab samples, respectively. In late 2016, a Versatile Time Domain Electromagnetic (VTEM) survey was completed which identified several strong and distinct magnetic high anomalies. In 2017 a ground prospecting program yielded samples returning assays of 0.18 nickel, 0.09% copper, and 87 ppm cobalt. In 2018 Future Fuels organized a reconnaissance program where a new zone of surface mineralization was discovered directly above the area of high conductivity. The best of the samples (#4289) assayed 1.2% zinc and 68.7 g/t silver. Samples #4284-4286 returned elevated values of 0.13% to 0.19% nickel.