Musk Metals Discovers Gold and Copper Mineralization on Its Pluto Properties Contiguous to Kenorland Minerals in Quebec
04 März 2021 - 9:01AM
Musk Metals Corp. (“Musk Metals” or the “Company”) (CSE:
MUSK) (OTC: GPMNF) (FSE: 1I3) is pleased
to announce discoveries of Gold and Copper on its 100% owned Pluto
properties, contiguous to Kenorland Minerals (KLD – TSX.V)
“Chebistuan” project, that is currently optioned to Newmont Mining,
in the prolific Abitibi Greenstone Belt, Quebec.
Gold and Copper mineralization from 88 samples
taken out of bedrock and subangular boulders throughout mineralized
regional structures returned up to 1,070 ppm Cu and 0.405
g/t Au. The Kapunapotagen Shear Zone, hosting the Opemiska
Cu/Au deposits to the east and the Lac Dolomieu Cu occurrence to
the west of the Pluto property, runs through the northern boundary
of both the West Block and the East Block at Pluto. Program
highlights include the West Block where samples from a mineralized
structure returned grades of 0.405 g/t Au in tectonized ultramafics
in bedrock, nearby float from a local silicified metasediment
returned 1,070 ppm Cu.
Based on observations throughout the program,
deformation (and its intensity) observed within the various
lithologies the extrapolated thickness or the width of the
deformation zone is at least 300 meters, further indicating that
this is more of a regional structure. The gabbro-pyroxenite complex
found near the highway may represent part of the “Ventures Sill”.
This is the same structure which hosts the Opémiska Cu-Au mine in
Chapais, and may also therefore be related to the much closer
Dolomieu Ag-Cu mineralized occurrence, which lies about 1km east of
the West Block (also close to the highway). This area, with its
large amount of outcrop, observed mineralization (including both Cu
and Zn sulphides) and potential structural and strike relationship
to a major local deposit and is a high priority for future
exploration.
Minroc Management Limited (“Minroc”) recently
completed a detailed work program and commented, “The initial
prospecting program on the Pluto properties successfully found gold
and copper mineralization on surface within the on-property
portions of mineralized regional structures. The positive results
obtained from this initial work program warrants follow up
exploration work to determine the extent and tenor of the
mineralization present throughout the properties.”
Musk Metals CEO and Director Charn Deol states,
“We are extremely encouraged by the results of our Pluto work
program and the discovery and concentration of Gold and Copper in
our sampling. We are planning a follow up program on Pluto to
commence shortly to further define these discoveries and to
identify high priority targets for a potential upcoming drill
program. With highly prospective projects in some of the most
prolific mining camps throughout Canada, Musk Metal anticipates an
active period with multiple work programs in close proximity to
recent significant discoveries throughout British Columbia, Ontario
and Quebec, as well as the evaluation of additional near-term
acquisitions.”
Both of the Pluto properties are made up of a
series of crustal scale deformation zones and highly prospective
sedimentary-volcanic rock contacts. The properties are located
approximately 40km west of the Chibougamau mining camp and 15km
west of the Chapais mining camp (6.5 M oz Au; 2.7 B lbs Cu of
historic production). The Chibougamau camp has historically been
mined and explored for Cu-Au mineralization but the recent
discovery of the Nelligan deposit (IAMGOLD – Vanstar Resources)
highlights the regional potential for orogenic gold mineralization
which has been overlooked in the past.
Graphics accompanying this announcement are available
athttps://www.globenewswire.com/NewsRoom/AttachmentNg/30883226-974e-4fa9-9592-4e69dec14603
https://www.globenewswire.com/NewsRoom/AttachmentNg/b3ebb7b8-d772-4d62-bdf2-b8061f278bd9
About the Pluto Properties -
Chapais-Chibougamau Mining Camp, QuebecThe Pluto
properties are located west of the town of Chibougamau, Quebec,
which provides excellent infrastructure and an experienced
local workforce for exploration and mining activities. The Pluto
Properties have been under-explored for base and precious metals
and historic assay results returned Cu-Zn-Au-Ag values. Some
historic diamond drill holes returned visible sulfide
mineralization and VMS showings (Dolomieu-Sud). Recent exploration
work completed at Pluto resulted in anomalous gold and base metals
values in till samples and three distinct anomalous zones were
outlined.
The technical information in this press release
has been reviewed and approved by Francis R. Newton P.Geo
(OGQ#2129), a “qualified person” pursuant to NI 43-101.
About Musk Metals Corp.Musk
Metals is a publicly traded exploration company focused on the
development of highly prospective, discovery-stage mineral
properties located in some of Canada’s top mining jurisdictions.
The growing portfolio of mineral properties exhibit favorable
geological characteristics in underexplored areas within the
prolific “Golden Triangle” and “Osoyoos” districts of British
Columbia, the Mineral Rich “Red Lake” mining camp of Northwestern
Ontario and the “Chapais-Chibougamau” mining camp, the second
largest mining camp in Quebec, Canada.
Make sure to follow the company on twitter,
Instagram and facebook as well as subscribe for company updates at
www.goldplusmining.com
ON BEHALF OF THE BOARD
___Charn Deol____ CEO &
Director
For more information on Musk Metals,
please contact:
Phone: 604-717-6605Corporate e-mail:
info@goldplusmining.comWebsite: www.goldplusmining.com Corporate
Address: 303 – 570 Granville Street, Vancouver, BC, V6C 2P1
Neither Canadian Securities Exchange (CSE) nor
its Regulation Services Provider (as that term is defined in the
policies of the Canadian Securities Exchange) accepts
responsibility for the adequacy or accuracy of this release.
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