This property is 100% owned and lies about 11 kilometres NW of ArcelorMittal's producing Fire Lake Mine. The property hosts a 2.4 kilometre long magnetic and gravity anomaly ("Lac Lamêlée Ridge") that reflects a tightly folded recrystallized remnant of the Sokoman Iron Formation, typical of this portion of the Fermont Iron District, and characterized by quartz specularite, hematite/magnetite, and silicate iron formation. What makes this occurrence interesting from an economic point of view is the presence of a lot of iron formation squeezed into a relatively small area.
The property was never previously drilled and the Company recently completed a 5,625 metre programme of seventeen holes. Additional infill drilling is planned.
Click here to view a summary of Lamêlée South 2012 Drilling Results.
Click here to view a summary of Lamêlée South 2011 Drilling Results.