Legacy Gold Project

Lake Abitibi property

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 geology and drill hole location map for the Legacy Gold Project.
Property geology and drill hole locations compiled from Ontario Geological Survey regional mapping.

Property Snapshot

Location, tenure and exploration status

ProjectLegacy Gold Project (Lake Abitibi Property)
LocationLamplugh, Rand, Frecheville, Iroquois Point and Mistaken Islands townships, Larder Lake Mining Division, Cochrane District, Ontario
Nearest TownMatheson, Ontario, approximately 45 km west along Highway 101
Land PositionMore than 20,233 hectares / 50,582 acres in the project summary; the 2026 transaction release describes over 21,000 hectares
CommodityPrimary: gold. Secondary: platinum-palladium potential at the Ghost Range layered mafic intrusion
Drilling Completed28 NQ diamond drill holes totaling 10,463 metres during the 2010-2011 Phase 1 program
Resource StatusNo current NI 43-101 mineral resource estimate; three discrete zones of gold mineralization identified

Regional Geology

Abitibi greenstone belt setting

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.

Map showing the Solid Gold claim block near Lake Abitibi and the Holt-Holloway mine complex.
The Solid Gold claim block is located north of the Holt-Holloway and Holt-McDermott mine complex.
High-resolution magnetic vertical gradient map with Phase 1 drill hole collars overlain.
High-resolution airborne magnetic vertical gradient map, with Phase 1 drill collars overlain.

Structural Setting

Four interpreted east-trending structural zones

Ground and airborne geophysics interpreted four sub-parallel east-trending structural corridors across the property.

North Branch

Interpreted North Branch of the Destor-Porcupine Fault Zone through the southern portion of the property.

Tangcoh Fault

Newly interpreted east-west structure under Lake Abitibi, identified from airborne magnetic data and ground surveys.

New Zone

Parallel structure interpreted just north of the Tangcoh Fault.

North Fault

Sub-parallel structure near the northern boundary of the property.

Historical Surveys

OGS BRiM overburden results

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.

Interpretation note: Till results do not by themselves define a bedrock source. The project summary notes that they remain a constructive line of evidence when considered with structures, EM conductors and geophysical alteration signatures.
OGS BRiM heavy mineral concentrate gold assays map for the Legacy Gold Project area.
OGS BRiM heavy mineral concentrate gold assays in glacial till across the property and immediately south.

Phase 1 Drilling

Three areas of mineralization identified

The 2010-2011 Phase 1 program completed 28 holes, with 24 land-based holes and four holes drilled from the ice of Lake Abitibi.

SG10-09 Discovery

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.

Ghost Range PGE

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.

SG10-20b

A separate south-central property intercept returned 2.09 g/t Au over 1.1 m in a brecciated/quartz-flooded zone.

HoleRock UnitLengthGradeNotes
SG10-09Leucocratic Diorite8.0 m0.67 g/t AuIncludes 1.82 g/t Au over 2.0 m and 2.95 g/t Au over 1.0 m
SG10-09Pyritized silicified breccia1.4 m20.7 g/t AuLate-program sampling, core length
SG10-20bBrecciated/quartz-flooded zone1.1 m2.09 g/t AuSouth-central property
SG10-05Diorite4.6 m0.105 g/t Pt + PdGhost 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.