UNGAVA PROJECT
Project
Ungava Project is a platinum / nickel
prospect in a 27 unit claim approximately 1,116 hectares (2,700 acres) in size.
Location
The property lies 65 km east and southeast of the Donaldson Airstrip, in the Ungava region of Quebec, Canada.
Property Background
An internal report prepared by director Hugh Squair, PhD. states that the claims are encompassed by a lobate peridotite-gabbro complex within lower Povungnituk strata and situated 15 km south and east of the Cross Lake nickel-copper-sulphide deposit of Falconbridge Ltd.
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The property lies 65 km east and southeast of the Donaldson Airstrip and encompasses a similar Delta Horizon stratum that hosts the Expo Ungava deposit and the Mesamax nickel-copper-PGM prospects of Canadian Royalties Inc. Canadian Royalties reported November 19, 2002 up to 442.97 gm/tonne palladium over a ten foot interval on their Mesamax project. Goldrea claims are located approximately 7 kms south of a Nova West trench discovery grading 26.76 gm/tonne palladium, 9.3 gm/tonne platinum and 9.32% copper. Dr. Squair has recommended a two-phase exploration program of airborne magnetometer surveys; surface prospecting, ground geophysics and 300 metres of drilling for approximately $100,000.