Junior
The Montreal-based company can earn a half-interest in the property from a private company by paying $115,000 in cash, issuing 50,000 shares and spending $500,000 on exploration over three years.
Bulldozer covers most of a prominent, circular-shaped, unmapped, mafic-to-ultramafic intrusion. The intrusion marks the termination point of a 6-km-long magnetic high that extends southwesterly across the company’s adjoining, jointly held Tyko Lake polymetallic property.
Previous exploration has been limited to preliminary prospecting along the road-accessible southeastern margin of the intrusion. However, results have proved encouraging, with grab samples from a 1-to-1.5-metre-wide semi-massive pyrite, chalcopyrite and pyrrhotite returning up to 3.43% copper, 0.12% nickel, 0.24% cobalt, 0.5 gram palladium per tonne and 0.23 gram platinum. Mineralization is hosted by pyroxenite and subordinate gabbro.
Several airborne electromagnetic anomalies remain untested as well.
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