001 / QC · Au · Orogenic Gold
Senneterre West Gold Project
Eastern Val d'Or district of the Abitibi Greenstone Belt, Quebec · 25 km NE of Val d'Or, 15 km W of Senneterre. Mafic volcanics intruded by a diorite-granodiorite stock with regional fault structures.
Acquisition terms. Acquired from four arm's-length vendors (two individuals and two private companies). Consideration: 8,000,000 common shares plus a C$150,000 work commitment over two years. Vendors retain a combined 2% NSR royalty on the property.
A1 / CONTEXT
Eastern Val d'Or district, Abitibi Greenstone Belt.
Senneterre West sits in the eastern Val d'Or district of the Abitibi Greenstone Belt of Quebec, one of Canada's most prolific historical gold camps. The property covers approximately 20 km² across 40 mineral claims, with excellent road and rail access through the Senneterre-Val d'Or corridor.
A2 / HOST ROCKS
Bedrock at Senneterre West is dominated by mafic volcanic rocks of the Val d'Or volcanic complex, with a composite diorite-granodiorite stock intruding the assemblage across the eastern claim block. Regional-scale faults converge across the western portion of the property. These regional structures are the same family of deformation features known to localize gold mineralization across the broader Val d'Or camp, including on Abcourt Mines' adjacent Pershing-Manitou property.
The intent of work at Senneterre West is to identify, refine, and rank target zones along the convergent regional structures and at the contact between the mafic volcanics and the diorite-granodiorite intrusion. Molten has not published historical drilling, sampling, or compilation work on the specific claim package.
A3 / TARGETING MODEL
Senneterre West is an early-stage Archean orogenic gold play. The targeting model focuses on vein-hosted and shear-zone-hosted gold mineralization in steeply-dipping splays of the regional fault system, with the diorite-granodiorite intrusion in the eastern claims providing the rheological contrast that often localizes high-grade quartz veining elsewhere in the camp.
Work to date is at the target-generation stage; further compilation, sampling, and geophysical work will be required before any drill program can be designed and planned.
Adjacent properties. The Senneterre West property lies in a regional area that hosts a number of past-producing and currently-operated gold mines and developments, including Agnico Eagle's Canadian Malartic operation, O3 Mining's Marban Alliance project, Probe Gold's Novador project, Eldorado Gold's Lamaque operation, and Abcourt Mines' Pershing-Manitou property. Information regarding these adjacent or nearby properties is provided for geological and jurisdictional context only. Mineralization on adjacent or nearby properties is not necessarily indicative of mineralization on the Senneterre West property.
Qualified Person. The technical content on this page has been reviewed and approved by Deepak Varshney, P.Geo., a qualified person under National Instrument 43-101. No NI 43-101 mineral resource estimate has been prepared on the property.
Forward-Looking Information. This page contains forward-looking information within the meaning of applicable Canadian securities legislation, including statements regarding exploration plans, targeting models, and corporate work programs. Forward-looking information speaks only as of the date hereof and the Company disclaims any obligation to update it except as required by law.
Adjacent / Neighbouring Properties. References to nearby mines, deposits, showings, drill results, or production figures on properties not held by Molten Metals Corp. are provided for geological and jurisdictional context only. Mineralization on adjacent or nearby properties is not necessarily indicative of mineralization on Molten Metals Corp.'s properties. The Qualified Person has not verified the information disclosed by the holders of those properties.
Mineral Resources. No mineral resource or mineral reserve has been defined on this Property under NI 43-101 — Standards of Disclosure for Mineral Projects. There is no guarantee that further exploration will result in the determination of a mineral resource. Mineral exploration is inherently speculative and involves significant risk.
Qualified Person. The scientific and technical information on this page has been reviewed and approved by Deepak Varshney, P.Geo., a Qualified Person as defined under National Instrument 43-101.