Activity is heating up in the James Bay area, where several juniors recently launched exploration programs.
Drilling south and east of zone 32 (350,000 oz. gold averaging 1.5 grams gold and 0.2% copper) at Virginia’s La Grande Sud project has turned up a zone of mineralization grading up to 0.53% zinc over 23 metres. A record 1,678 gold grains were also recovered from a till sample from a glacier train recently discovered on the property.
The operator,
Farther north, at the Payne Bay property, Virginia and
At its Gayot nickel prospect, Virginia plans to drill several disseminated sulphide zones grading up to 2.7% nickel, 0.4% copper, 0.1% cobalt plus 1.18 grams per tonne platinoids, situated in a recently discovered 15-km-long ultramafic volcanic belt.
At Virginia’s Chute-des-Passe project, Soquem, a wholly owned subsidiary of SGF Mineral, will carry out evaluation of drilling versus trenching of numerous geophysical conductors associated with nickel-copper-cobalt mineralization. The conductors are believed to be similar to those found in the Voisey’s Bay region of Labrador. Soquem can acquire a half-interest by spending $500,000 on exploration over three years.
Soquem also recently inked a deal allowing it to earn a half-interest in
Prospecting by
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