We research and develop our own properties. Below is some information on our properties currently under or available for option. Contact us for more details. If you have ideas on where to go next, we can provide the assistance needed for the next big discovery.

NIC Property – Under Option

Hailstone Property – Currently Partnered with Pelangio Exploration

The 6,701 hectare Hailstone Property is located in northern Saskatchewan, approximately 100
km north-northeast of La Ronge, within the La Ronge Greenstone Belt where several producing gold mines have been established. Highway 102 runs through the center of the Property and
provides year-round access.

Historical exploration, primarily completed in the late 1980’s and early 1990’s, revealed several
gold and copper showings which fall within the Property boundaries. Notable examples
of mineralization within the Hailstone Property include:

– The Asbell Bay area with Au (15.9 g/t) and Cu (2.68%) rich shear zones and quartz veining,
– The Cameco Quartz Vein showing with historical assays of up to 101.81 g/t Au,
– The Perepelitz-Cockwill Lake area that hosts 10 historical grab samples that range from
1.03 g/t to 12.92 g/t Au and 7 samples with Cu concentrations of 0.63% to 4.3%.

The Asbell Bay target area is characterized by variably strained monzonite that locally hosts meter-scale pegmatite intrusions and associated quartz veins that contain significant grades of gold and copper. Grab samples collected during 2019 highlighted significant grades of 15.9 g/t Au and 2.68% Cu in and around the Bornite Zone in the northern portion of the Asbell Bay area. Notably, the outcrop exposure is drastically reduced southwest of the Bornite Zone however quartz veining exposed in limited outcrops locally contains anomalous gold and copper concentrations. The newly discovered Luiza Showing returned 2.06 g/t gold and is significant in that it expands the length of the target area to be approximately 1,500 meters between the Bornite Zone and the Luiza Showing.

Click here to view photos of the 2018 and 2019 exploration programs on the Hailstone Property

Benor Property – Available

The 1,080 hectare Benor Property is located in northern Saskatchewan, approximately 25 km north of Missinipe, within the La Ronge Greenstone Belt. The Property is accessible via a short float plane journey from Missinipe to either Forbes Lake or Larocque Lake. A detailed review of historical assessment reports and the regional and property scale geological features was completed and captured all previous exploration efforts to help guide future exploration.

The majority of the Benor Property overlies a highly deformed northeasterly trending belt of mixed felsic metavolcanics, calc-silicate gneiss, amphibolite, and psammopelitic to pelitic metasediments representing the northwest boundary of the Central Metavolcanic Belt to the Crew Lake Belt. The composite Kruger Lake Pluton occupies the southern portion of the Property.

Historical exploration, primarily completed in the late 1980’s and early 1990’s, revealed several gold- and copper-mineralized showings, three of which fall within the Property boundaries:

Forbes Lake Cu-Zn Showing – Two trenches, approximately 90 m apart, which host chalcopyrite and molybdenite mineralization in epidote-rich lenses in two separate volcanic horizons. Assays returned up to 0.7 g/t Au, 0.36 oz/ton Ag, 1.32% Cu, and 0.11% Zn during the initial discovery in 1965, and up to 0.72% Cu and 1.37 g/t Ag when the showing was revisited in 1968. The showing has not received any attention since 1968.

Benor Showing – Discovered in 1990, characterized by a series of weak north-south oriented shears and quartz veins in the Kruger Lake Pluton which is host to strong gold mineralization with assays of up to 26.8 g/t Au. The showing was revisited in 1991 with channel samples that returned up to 4.63 g/t Au over 0.5 m, and two drillholes located north of the Showing were completed.

GB Showing – Grab samples of up to 0.666 oz/t (22.83 g/t) Au and 4.97 oz/t Ag from a zone of sulphides with anomalous gold in a northerly striking extensional fault zone which cuts an earlier northeasterly striking shear zone. The showing was discovered in 1994, and channel samples were taken at that time with assays of up to 4.01 g/t Au and 0.45 oz/t Ag over a width of 4.15 m, including 9.22 g/t Au and 1.2 oz/t Ag over 0.9 m. In addition, sampling along the zone indicates that gold mineralization extends for at least 40 meters along strike, the entire length of the exposed structure. Other than a limited ground-based magnetic, VLF-EM, and IP surveys completed in 1994, the GB Showing has not been revisited since discovery.

A short 5 day exploration program was completed on the Benor Property by First Geolas in 2019. The Benor Showing is characterized by a north-south oriented meter-scale shear zone in diorite of the Kruger Lake Pluton. Three grab samples of quartz veins from the Benor showing returned above 1.0 g/t Au, along with elevated Bi and Te, with a maximum of 14.5 g/t Au. The GB Showing in the northeastern portion of the Property was visited and features a wide northeast-southwest oriented shear zone hosted in intermediate-felsic volcanic rocks (metaandesite). The shear zone exhibits strong silicification and locally strong hematite-alteration and hosts meter-scale quartz veins containing abundant pyrite mineralization. Five grab samples from the GB Showing returned values greater than 1.0 g/t Au with a maximum value of 28.0 g/t Au and 86.8 g/t Ag with associated elevations in Bi and Te.

Click here to view photos of the 2019 exploration program on the Benor Property

Hisnit Property – Available

The Hisnit Property is located on the west coast of Vancouver Island, a favorable district with historical mining and current exploration projects. The Property is close to the Town of Gold River, and has excellent road access.

The mapped Eocene Mount Washington Pluton directly east of the Hisnit Property (herein referred to as the “Hisnit Stock”) is of most interest in regards to copper mineralization. While it has not been directly dated, the Mt. Tahsis granodiorite stock north of the Property returned a concordant U-Pb age of 48.8 Ma, placing it within the Clayoquot intrusive suite (Madsen, 2004). The Clayoquot intrusions on Vancouver Island are coincident with the approximate location of the Farallon-Resurrection ridge-trench triple junction at the time. From 49 to 45 Ma, the Farallon-Resurrection triple junction and slab window migrated southward to underlie parts of Washington and Oregon (Madsen et al., 2006).

The Catface Cu porphyry deposit located southeast of the Hisnit Property presents a potential analogue to the copper mineralization observed on the Property.  Muller and Carson (1969) reported a K–Ar age for the Hecate Bay quartz diorite of 48±12 Ma, placing it likely within the Clayoquot intrusive suite. Recent U–Pb age dating of zircons at the Catface Deposit shows two intrusive phases were emplaced at 41.26 and 41.15 Ma, and a second two at 40.93 and 40.88 Ma. The latter ages were identical to the Re–Os age of molybdenite mineralization of 40.9±0.2 Ma. (Smith et al., 2012). This places the Catface deposit within the later Mount Washington intrusive suite. The Zeballos gold camp lies approximately 38 km northwest of the Hisnit Property. There, quartz veins hosting high grade gold mineralization cross-cuts the Zeballos Stock, which has been dated to 35.4 Ma (Marshall et al., 2005). This results in the gold mineralization at Zeballos likely related to the Mount Washington intrusive suite. Furthermore, ten showings of quartz-carbonate veining hosting Au-Ag-As-Cu mineralization occur approximately 9 km north of the Hisnit Property. The highlight there is the Vivian Showing where material from the waste dump returned up to 271.7 g/t Au and 3,480 g/t Ag (ARIS #22335).

Eocene copper and gold mineralization occur to the southeast and northwest, respectively, of the Hisnit Property. U-Pb dating of the Mt. Tahsis Stock north of the Property suggests that the Hisnit Stock is within the Clayoquot intrusive suite age, but the Hisnit Stock itself has not been thoroughly investigated. Furthermore, in the region of the Catface porphyry deposit, there is an intimate spatial relationship with both the Clayoquot and Mt. Washington intrusive suite where both occur in close proximity to one another. There exists significant copper mineralization related to epidote alteration on the Hisnit Property, as well as indications of copper mineralization northeast of the Hisnit Stock. Given the indications of copper mineralization near the Hisnit Stock, and the Hisnit Stock potentially being of similar age to the Catface porphyry deposit, further investigation for Cu-Mo-Au porphyry mineralization on and around the current Hisnit Property is warranted.

Upcoming Conferences

Roundup Vancouver: January 23, 2024

PDAC Toronto: March 3-6, 2024

Please contact us for additional information on any of the properties, and check back often as we continually research and develop new properties.