Val D’or East

Pascalis, Senore, Beaufor West and North, Lapaska, Megiscane-Tavernier


The 100%-owned Pascalis property consists of 90 contiguous mining titles totalling 3,078 hectares and was the site of a profitable gold production from 1989 to 1993 by Cambior Inc. (acquired by IAMGOLD Corporation in 2006). The mechanized underground mine which utilized long-hole mining methods extracted a total of 1.8 Mt of ore at a grade of 3.2 g/t Au from the surface to a depth of 300 metres. Production statistics averaged 1,175 tonnes per day for an average production of 43,500 ounces of gold per year for a total of 167,000 ounces of gold produced.


The 100%-owned Senore gold property, which includes the Resenor gold deposit, consists of 17 mining titles for a total of 729 hectares and is adjacent to and located one kilometre north of the Beaufor Mine, a producing gold mine operated by Richmont Mines.

Beaufor North

The 100%-owned Beaufor North properties properties consist of three contiguous mining claims well located covering 167 hectares and are limited by the properties held by Richmont Mines. The Beaufor, Perron and Pascalis Mines, known collectively as the "Beaufor Mine" belong to the same gold-bearing hydrothermal systems. The total production for the Beaufor Mine is more than 1,000,000 ounces Au.


The 100-owned Lapaska property consists of 26 contiguous mining claims covering 344 hectares and is favourably located 5 kilometres south of the Pascalis property.1.2 g/t Au for a total of 79,335 ounces at a cut-off grade of 0.5 g/t Au (Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability).


The 100-owned Megiscane-Tavernier property contains 86 claims divided in two blocks (West and East) totalling 4,930 hectares.