TSX:
MDN | 0.045
Current price of gold:
US$ 1,386.10/oz



Project Summary: Samaqua

Owner

100% owned by MDN Inc.

Location

The center of the property lies approximately 40 kms north of the town of Girardville in the Lac-Saint-Jean region of Quebec, and just to the SE of the Crevier Nb-Ta deposit.

Area

The property consists of 175 contiguous claims totalling 9822.89 ha.

Geology and mineralization

The property occurs in the Grenville geological province.  According to the regional geological map published by the Quebec government, the northern part of the property is underlain by migmatite and granitic rocks, including pegmatite, whereas the southern part is composed largely of coarse-grained porphyritic mangerite, an intrusive rock of intermediate composition typically found in metamorphic terranes of Proterozoic age like the Grenville.

The property occurs just to the SE of the Crevier Nb-Ta deposit, along the projected extension of the nepheline syenite dyke that hosts approximately 25.39 million tonnes (Measured + Indicated) at 1960 ppm Nb2O5 and 2349 ppm Ta2O5.  Historical prospecting work located pegmatitic syenite outcrops on the property, which are highly indicative of the presence of an alkaline intrusive favourable to metals like those at Crevier (niobium-tantalum) and /or Niobec (niobium and rare earths).