Exploration Plans

During 2016 the focus of exploration activities Grasset Property balance examination of new nickel and gold targets with continued expansion and delineation of the Grasset Deposit. The winter 2016 program will primarily focus on testing of new exploration targets for both gold and nickel and on follow-up testing of a series of nickel-copper-PGE discoveries made in 2015 within the GUC on the Grasset and Fenelon properties. This in large part to take advantage of the enhanced access provided by the winter season throughout the broader property. Expansion and further delineation work on the Grasset Deposit will be tentatively slated for the summer-fall program including additional deep testing of the H3 Zone.

Summer/fall 2015 work identified two areas of broadly anomalous gold mineralization in the Grasset Hinge area and a series of massive sulphide bodies of potential VMS style mineralization in the Lac Grasset area which are targets for further examination. In addition the Sunday Lake Deformation Zone provides a prime gold exploration target across the length of the property.