North Branch
Interpreted North Branch of the Destor-Porcupine Fault Zone through the southern portion of the property.
Legacy Gold Project
A contiguous mineral claim block in the Larder Lake Mining Division of northeastern Ontario, straddling the interpreted North Branch of the Destor-Porcupine Fault Zone immediately north of the Holt-Holloway mine complex.
Property Snapshot
| Project | Legacy Gold Project (Lake Abitibi Property) |
|---|---|
| Location | Lamplugh, Rand, Frecheville, Iroquois Point and Mistaken Islands townships, Larder Lake Mining Division, Cochrane District, Ontario |
| Nearest Town | Matheson, Ontario, approximately 45 km west along Highway 101 |
| Land Position | More than 20,233 hectares / 50,582 acres in the project summary; the 2026 transaction release describes over 21,000 hectares |
| Commodity | Primary: gold. Secondary: platinum-palladium potential at the Ghost Range layered mafic intrusion |
| Drilling Completed | 28 NQ diamond drill holes totaling 10,463 metres during the 2010-2011 Phase 1 program |
| Resource Status | No current NI 43-101 mineral resource estimate; three discrete zones of gold mineralization identified |
Regional Geology
The project lies in the Abitibi Subprovince of the Superior Province of the Canadian Shield. Gold production in the Kirkland Lake and Timmins-Porcupine camps is preferentially clustered along major deformation corridors, including the Destor-Porcupine and Larder Lake-Cadillac fault zones and related splays.
Mapped bedrock is dominated by steeply dipping, east-west trending Archean mafic to intermediate metavolcanic rocks. The Ghost Range mafic-to-ultramafic intrusive body forms a prominent ridge along the southern boundary of the property.
Structural Setting
Ground and airborne geophysics interpreted four sub-parallel east-trending structural corridors across the property.
Interpreted North Branch of the Destor-Porcupine Fault Zone through the southern portion of the property.
Newly interpreted east-west structure under Lake Abitibi, identified from airborne magnetic data and ground surveys.
Parallel structure interpreted just north of the Tangcoh Fault.
Sub-parallel structure near the northern boundary of the property.
Historical Surveys
Ontario Geological Survey BRiM sonic drilling and till geochemistry identified gold values in basal till on and near the property. The strongest reported values from a 600-metre east-west fence immediately down-ice of the property included 31.0 g/t Au over 1.8 m, 6.5 g/t Au over 3.0 m, 4.1 g/t Au over 3.7 m and 3.8 g/t Au over 6.1 m.
Phase 1 Drilling
The 2010-2011 Phase 1 program completed 28 holes, with 24 land-based holes and four holes drilled from the ice of Lake Abitibi.
Gold mineralization in leucocratic diorite north of the interpreted North Branch, including late-program sampling of 20.7 g/t Au over 1.4 m core length from a pyritized, silicified breccia zone.
Hole SG10-05 returned 0.105 g/t Pt + Pd over 4.6 m near the Ghost Range layered mafic intrusion, indicating PGE-Cu-Ni prospectivity.
A separate south-central property intercept returned 2.09 g/t Au over 1.1 m in a brecciated/quartz-flooded zone.
| Hole | Rock Unit | Length | Grade | Notes |
|---|---|---|---|---|
| SG10-09 | Leucocratic Diorite | 8.0 m | 0.67 g/t Au | Includes 1.82 g/t Au over 2.0 m and 2.95 g/t Au over 1.0 m |
| SG10-09 | Pyritized silicified breccia | 1.4 m | 20.7 g/t Au | Late-program sampling, core length |
| SG10-20b | Brecciated/quartz-flooded zone | 1.1 m | 2.09 g/t Au | South-central property |
| SG10-05 | Diorite | 4.6 m | 0.105 g/t Pt + Pd | Ghost Range layered mafic intrusion |
Reported intercepts are core lengths; true widths have not been determined. A recipient considering a material transaction should seek and rely on independent technical due diligence.