- 78 claims totaling 36 km2 situated 85 km ESE from the town of Kuujjuaq, held-100% by Genius, No NSR
- Located in the northwestern Labrador Through
- The property is covered by a large magnetic anomaly. This magnetic anomaly is located at the contact between volcanic and sedimentary rocks which has been traced over a distance of 500 m
- Contains or is surrounded by more than 50 zinc, copper, silver, nickel, palladium, platinum and gold showings.
- Several mineral showings were uncovered on the property (including the Boylen showing) where pyrite, pyrrhotite, graphite, magnetite, chalcopyrite and sphalerite were found with results of up to 5 g/t gold and 1.1 % Zn.
*A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and the Issuer is not treating the historical estimate as current mineral resources or mineral reserves.
The Property hosts titanium-phosphate (ilmenite-apatite) mineralization located near the southern margin of the La Blache Anorthositic Complex (the “LBAC”).
Rocks from the Dissimieux property occur on the margin of the Grenvillian anorthositic De La Blache massif. The De La Blache mafic plutonic suite (1327±16 Ma) forms a plurikilometric elongated massif composed of five units principally formed by anorthosite with accompanying leucotroctolites, troctolites, norites and gabbronorites. The marginal gabbroic facies constitutes the northwest boundary of the massif. At Dissimieux, anorthosite and massive and highly deformed slivers of norites are oriented NE to SW. Intercalated between the gabbros and anorthosites several fragments of metasedimentary gneiss are present. The southern margin of the De la Blache massif is composed of fine-grained magnetic gabbros. Metasedimentary rocks, anorthosites and deformed norites are in contact with the gabbroic rocks. Within the anorthosite and noritic rocks, oxide-rich layers (magnetite, ilmenite or hematite) with apatite occur.
Only regional geophysical surveying and geological mapping has been carried out on the Property area before AFCAN Mining Corporation (“AFCAN”), formerly known as Société d’exploration Minière et pétrolière Gaspésie, staked the original claims. AFCAN completed detailed mapping, sampling and geophysical surveys over the original property (Pritchard, 1994,; GM53348; Birkett, 1995 and 1996; GM 53515 and GM 54835; Oswald and Birkett, 1996; GM 54764). A drill program of 8 holes totalling 637.5 m on two sections was also carried out in 1994 by AFCAN (GM 53349).
Ilmenite-apatite concentrations were traced along a 6 km a northeast-southwest corridor, up to 1 km wide, near the south shore of Dissimieux Lake. The mineralization is hosted in several 20 m to 50 m-wide bands composed of finely disseminated magmatic apatite and ilmenite, associated with gabbro. The magnetite-ilmenite assemblage is linked to a magnetic high anomaly. The average grades calculated from surface sampling was 5% TiO2 and 3.5% P2O5 (corresponding to 10% apatite). The average grades from the core samples were 4.72% TiO2 and 3.65% P2O5, with high values of 8.35% TiO2 and 4.42% P2O5. Zones characterized by lower intensity magnetic anomalies retained higher TiO2 grades but were lower in P2O5.
Lakefield Research of Canada Ltd. (“Lakefield”) (1997; GM 54867; 1998; GM 56490), COREM (2000; GM 58571) and Lakefield (2000; GM 58570) assessed the feasibility of concentrating the titanium and phosphate. Lakefield achieved recoveries of 92 % for apatite to produce a concentrate at 41. 2 % P2O5, and recovered 62.5 % of the ilmenite to produce a concentrate of 48.1% TiO2 from an initial a sample containing 3.5 % P2O5 and 5.4 % TiO2. It was concluded at the time that the higher the TiO2 and P2O5 grades in rocks, the higher the recoveries in concentrates.
In 2012- 2013 Jourdan drilled 34 holes at Dissimieux Lake, for a total of 3949 m, demonstrating mineralization over a strike length of 2.4 kilometres. Five parallel zones of phosphate mineralization were intersected, often containing mineralization > 100m in apparent drilled thickness.
A target resources of 235 million tonnes were estimated at a grade of 3.65% P2O5 and 4.72% TiO2 based on the drill core results (Met-Chem, 2000, in GM58569). The estimate is considered historic Mineral Resources*.
The last major work on the Property involved the Met-Chem scoping study (2000, in GM 58569). Met-Chem indicated the ilmenite-phosphate mineralization was amenable to open-pit mining with a 1:1 waste to ore. It was proposed to transport the concentrate via a pipeline at a cost of $3.28 per tonne based on a yearly transport of 457,500 tonnes of concentrate (217,500 tonnes of ilmenite and 240,000 tonnes of apatite) over a distance of 140 km.
*A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and Genius Metals is not treating the historical estimate as current mineral resources or mineral reserves.