Quebec remains a wild card in the uranium exploration deck. Interest has only recently turned this way and most projects are at the early stages.
Airborne radiometric surveys have been completed by NORONTO RESOURCES and HAWK PRECIOUS MINERALS on two properties belonging to GLOBEX MINING. One survey examined the Hunter’s Point uranium-gold showing in Temiscamingue County and the other looked at the Grand Calumet claims on the Ottawa River about 35 km northwest of the national capital.
HINTERLAND METALS has acquired a 112-claim property in the Otish region. The Euro property covers the southwest margins of the Paskwati Proterozoic Sedimentary Basin, 45 km southwest of the main Otish Basin. The company is looking for unconformity-type and fault-type mineralization.
LEXAM EXPLORATIONS has signed an option agreement to earn a 50% interest in GOLDEN VALLEY MINES’ uranium projects in the Otish Basin. The deal includes ground that was tested from 1976 to 1983. Lexam has agreed to spend $3 million over three years. An airborne geophysical survey is planned for this year.
PACIFIC BAY has begun a geophysics program on its claims in the Otish Mountains near Matoush. Line-cutting and ground geophysics are underway. The company noted that its claims are near those belonging to STRATECO, which is getting results as high as 3.27% U3O8 over 2.3 m during its current 10,000-m campaign.
QUINTO MINING has acquired the Godbout property in the Cote Nord area from EXPLORATION ESBEC. Quinto agreed to pay $25,000 plus 200,000 common shares.
SANTOY RESOURCES has created a joint venture with MELKIOR RESOURCES to test the uranium potential of Melkior’s property in the Otish Mountains. Melkior has retained the exclusive right to explore for diamonds on the claims.