TSX:
MDN | 0.280
Current price of gold:
US$ 1,719.00/oz



Project Summary: Clairy

Owner

SOQUEM Inc. 50%, MDN Inc. 50%

Location

Approximately 120 km north of the town of Chibougamau, and 40 km to the south of the Troilus Au-Cu mine.

Area

The property comprises 123 contiguous claims for a total area of 21.81 km2.

Geology and mineralization

The Clairy property is located in the Frotet sector of the Frotet-Evans volcanosedimentary belt.  The Frotet sector hosts the Troilus Au-Cu porphyry mine (> 49 Mt of 1.09 g/t Au and 0.119% Cu) and the Tortigny volcanogenic massive sulphide deposit (0.5 Mt at 6.0% Zn, 2.2% Cu, 60.0 g/t Ag and 0.45 g/t Au), among others.

The Clairy property has potential for a polymetallic VMS deposit.  In the Clairy area, this type of mineralization occurs at the contact between sedimentary units and basaltic flows.