PROPERTIES: VIEUX COMPTOIR
Vieux Comptoir Claims
542 Claims spanning 278km2 with similar geology
Located along strike from Winsome Resources, Adina Project and Patriot Battery Metals (PMET), Corvette Project
- ~45km east of PMET where numerous Spodumene bearing pegmatites have been discovered and recent drilling includes 2.12% Li2O and 194 ppm TA2O5
- ~45km west of Winsome Resources, Adina project with results up to 4.89% Li2O
The Property encompasses lithium pegmatite prospective source rocks of the Vieux Comptoir Granitic Suite which have been identified on the Property.
Regionally, the Vieux Comptoir Granitic Suite is known to host K-feldspar granite phases in pegmatite form which may host an abundance of spodumene.
The Property is located along the La Grande Greenstone Belt trend. The Corvette Shear Zone passes through the Property and such regional structures are known to focus pegmatite emplacement in the surrounding district.
The purpose of the Phase 1 exploration is to systematically determine structural controls on emplacement to allow for effective targeting during the Phase 2 drill program.
work program
Phase 1 is comprised of a four-stage holistic approach leveraging high-value dataset to de-risk mineral exploration by utilizing, available legacy data, employing high value geomatics, geophysics and fundamental earth structural analysis, to generate targets for boots on the ground exploration.
Data Compilation: Legacy data compilation of public domain Lake Sediment geochemistry, and government geological mapping and sampling is to be completed over the district.
Remote Sensing: Acquisition, processing, and analysis of synthetic aperture radar data and multispectral Sentinel & Aster remote sensing data, this work is to be complimented by propriety (ML) analytics to develop 1st pass targeting over the district.
Tri-Axial Magnetics: A Comprehensive property wide airborne Tri-Axial Gradiometer Survey is to be completed over the project area to develop a 3D understanding of the principal geological components. The survey will be conducted using a manned helicopter equipped with specially designed GEM Systems GSMP 35A Airborne Potassium Vapor high-resolution magnetometers mounted on a non-magnetic stinger in a tri-axial array.
Interpretation and Targeting: Based on the compilation of the three proceeding high-value data sets the results will be combined into an iterative lithostructural model of the individual properties and surrounding prospective district. Fingerprinting of adjacent known projects and fundamental structural analysis will be combined to effectively and systematically target the project areas to provide an premium first pass ranked target screening for effective boots on the ground follow up work.
Phase 2: Two-to-four-week prospecting, mapping and sampling program including a 4-man crew to complete the systematically driven ground exploration targets generated from phase 1.
Work to be complimented with real time XRF, Radiometrics, and Libs analysis to quickly analyse and promote favourable targets for follow up channel sampling with detailed mapping.
Potential winkie (lightweight/compact) drill testing on identified pegmatites
Phase 2 lab results with data interpretation and targeting
Contingent upon the field exploration success in Phase 2, the Company is holding contingency to follow up high priority targets with preliminary diamond drilling in Q3/Q4 2023.
option details
Superior Mining (SUI.V) has elected to exercise the option to acquire 100% interest in the property. Terms of the Option Agreement are as follows:
- 7,000,000 common shares of SUI.V upon receipt of approval by the TSX Venture Exchange (Completed);
- 3,500,000 Superior Shares payable on the one year anniversary of the Option Agreement; and
- 3,500,000 Superior Shares payable on the eighteen month anniversary of the Option Agreement.
- Superior shall grant QPC a 3.0% net smelter return royalty (the “NSR Royalty”) and the NSR Royalty may be reduced to 1.5% upon Superior making a cash payment of $3,000,000 to QPC.
- Under the agreement, Superior is required to cover all costs for work that is conducted on the property.
- Superior Mining International Corp. trades on the TSX.V under the symbol SUI
Maps
Click to enlarge the maps
