Maxtech Ventures is a Canadian resource exploration and development company with diversified mining assets in Canada and internationally.
Guercheville Property, Quebec, Canada
Overview | Geology & Exploration Recommendations
Regional Geology
The property is located within the basalts, tuffs, sediments and minor gabbros of the Caopatina-Desmarais volcano-sedimentary belt. In the immediate area of the Guercheville Property, the belt is bounded to the north by the Lapparent pluton and to the south by the Laronde pluton and Anorthosites of the Opawica river complex.
Mineralization in the belt is of VMS and Orogenic typology and includes the following deposits:
Volcanogenic Massive Sulphide style mineralization
Coniagas Mine - 718,465 tons at 10.7% Zn, 1.1% Pb and 182g/t Ag
Lac de Vents - 14000 tons at 1.88% Cu
Orogenic gold veins - shear zone related quartz-carbonate-pyrite vein gold
Bachelor Lake mine - 1,009,187 tons at 7.89 g/t Au
Zone Lemnac/Gand - 145,000 tons at 5,14 g/t Au
Shortt Lake Mine - 2,699,365 tons at 4.65g/t Au
Mariposite - 518,000 tons at 2.7 g/t Au
Lac Fenton Sud 402,000 tons at 5,01 g/t Au
Given the very limited work performed on the property and in the immediate area, the exact nature of mineralization on the property is unknown.
Structural Geology
The property lies in the Opawica deformation zone, at the intersection of three significant shear zones each host to multiple gold and basemetal deposits along its flanks. (See Regional Geological Map) The later includes the Gwillim fault and shear which descends from the Chapais and Chibougamau districts where 9 deposits, including 5 past producing mines, have been discovered along its flanks. Several NE-SW trending pre-shearing faults cross-cut the property and could act as planes of weakness for the development of extension zones perpendicular to the main orientation of shearing.
Potential Milling Sites
The property is located approximately 75km to the west of the Joe Mann mill and concentrator which can process gold ± copper ± zinc .
Exploration Recommendations
Maxtech has engaged Diagnos Inc. of Montreal to assist in the preparation of the exploration programs at this project. It has been recommended that further work should focus on the highlighting and testing of drill targets. As a significant amount of ground work has already been performed on the property, trenching will be an important step in order to extend known mineralized zones and locate new zones.
A work program is currently being designed.
