Rocmec Mining![]() MONTAUBANThe property is located 120 kilometres west of Quebec City and 50 kilometres north-east of Trois Rivières The Montauban property consists of 83 contiguous claims totalling an area equivalent to approximately 2,500 hectares. Two types of ore deposit occur at Montauban: Zn-Pb-Au-Ag sulphide deposits (Pb-Zn-Au-Ag zone), and Au-Ag deposits (North and South zones). The Zn-Pb Au-Ag zone was the first to see commercial production and total recorded production during it’s intermittent production history (1911 to 1965) was 2.7 million tonnes grading 4.5% Zn, 1.5% Pb, 0.56 g/t Au and 70 g/t Ag (Morin, 1984). Several years later (1983 to 1989), Muscocho Exploration Ltd. produced 811,377 tonnes of ore grading 3.52 g/t Au and 17.7 g/t Ag for a total production of 91,792 ounces of gold and 462,341 ounces of silver. The mineralization of the ore body stretches along a strike length of just over 2,000 metres and features a sulphide assemblage comprised of sphalerite, galena, pyrrhotite, and chalcopyrite. Montauban is host to many mineralized zones exploitable through lower cost open pit operations and thermal fragmentation. The property also encompasses great potential for further extraction of precious and base metals found at lower depths underground. According to Mr. Jacques Marchand, independent engineer-geologist and author of the resource evaluation report (press release July 16, 2003), while considering the present value of gold mineral resources (430.00 USD$/ounce) and the presence of silver at the surface all of which exceeds the amount of 15 million dollars USD$, we consider that the project qualifies for a pre feasibility phase (techno-economic) oriented towards a small scale production operation. Low-cost production methods, such as thermal fragmentation (southern sector) and open pit extraction (northern sector) are possible and could verify the economic feasibility of the project. |
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