Activity in the prolific Abitibi greenstone belt remains brisk, with Enforcer Gold Corp acquiring a 50% interest in one mine.
Enforcer today announced it has entered into an option and joint venture agreement with SOQUEM Inc. to acquire a half interest in the Roger Property, five kilometres from Chibougamau, Que.
“We are very pleased to have the opportunity to earn 50% in the advanced-stage Roger gold-copper porphyry property and to be working with a stable partner in SOQUEM,” said Steve Roebuck, President & CEO of Enforcer Gold. “Roger comes with a substantial database with over 54,906 metres of diamond drilling and 1,177 metres of underground development and a historical resource estimate.”
The plan is to quickly advance the project through additional drilling to bring it to a current mineral resource status.
“SOQUEM has been involved with the property since 1997 and thus brings extensive knowledge and continuity to the project going forward,” said Roebuck in the press release. “We are excited to add to our Quebec project base and to be working in one of Quebec’s under-explored gold districts.”
Roger is an advanced-stage exploration property containing the Mop-ll porphyry gold-copper deposit. A 2006 NI 43-101 compliant mineral resource estimate on the deposit by Scott Wilson Roscoe Postle Associates Inc. for SOQUEM totalled 3.24 Mt of Inferred Resources at an average grade of 1.61 g/t Au and 0.04% Cu at a cut-off grade of 1.0 g/t Au for a total 167,200 ounces of gold.
The 987-hectare Roger property is located in the Chibougamau Mining District and has all-season road access. The first gold/copper discoveries in the Chibougamau district occurred in the early 1900s. Mining in the district from 1953 to 2008 produced 1.6 billion pounds of copper and 3.2 million ounces of gold along with significant amounts of silver and zinc.