Bachelor Lake property
Company:
Metanor Resources
Commodities:
Gold
Percent ownership:
100
Dev stage:
Resource Estimate
Gps coordinates:
50.096622,-73.476562
Description:
The Bachelor Lake property is located in the Le Sueur Township (CL740) approximately 225 km northeast of Val-d'Or, via highway 113. Val-d'Or is a major full service centre of mining and economic activity in northwestern Québec.
The mine site is located 3.5 km southeast of the village of Desmaraisville. The community is serviced by bus and truck transport, and is connected to the provincial power grid and telecommunication systems. A large population of experienced miners and related tradesmen is available within a 240 km radius of the mine (Val-d'Or, Chapais and Chibougamau).
There are no land claim issues or ownership disputes pending with the Bachelor Lake property.
The property is accessible by a three (3) hours drive (225 km from Val-d'Or) via highway 113 that links to Chibougamau (Province of Quebec).
The Bachelor Lake property now consists of 177 claims and 2 mining concessions covering an area of 4 837.56 ha. The eastern block (Bachelor Lake claims), host of the Bachelor Lake past producer, comprises 51 claims and 2 mining concessions totaling 1,867.37 ha. The western block (Hewfran claims) comprises 38 claims totaling 683.50 ha where the Bachelor Lake Joint Venture (BLJV) has the right to acquire a 100% interest from Aur Resources Inc. (Aur), conditional to a work commitment of $1.6M. Adjacent and contiguous to the property, the BLJV also holds 76 claims covering 1,975.36 ha (MJL claims) and 12 claims for 311.33 ha (Hansen claims). These adjacent claims cover the past producing Coniagas mine (Prod. 718 465 tons grading 10.77% Zn, 1% Pb, and 183 g/t Ag).
Country:
Canada
Province: