In the late 1960s this area was extremely isolated with access via float plane or helicopter. Today Route 109, an all-weather road connecting Matagami to the Hydro-Québec James Bay power complex at Radisson, Quebec is approximately 10 km east of the The Horden Lake Property.
The Horden Lake Project is divided into three separate groups of claims coving 5258 hectares : Horden Lake Deposit Claims (122 ha), Northeastern Claims (4673 ha), and Southwestern Claims (462 ha).
MAP 3 - Cross Section of Horden Lake Deposit
Horden Lake is a Canadian legacy mineral property, initially discovered in the 1960's by an INCO-Noranda joint venture. A prefeasibility study in the early 1980's modeled an initial open-pit mine followed by bulk mining underground.
MAP 4 - Historical Drill Hole Collar Locations at Horden Lake Deposit
18,136 meters of drilling in 73 holes from January 2008 through March 2009 resulted in a NI 43-101 Report qualifying in indicated tonnes of 8,759,200 at 0.88% Cu, 0.21% Ni, 0.15 g/t Pd, 0.15 g/t Au and 10.44 g/t Ag and inferred tonnes of 7,791,195 at 0.87% Cu and 0.25 Ni (no precious metal calculation for inferred).
MAP 5 - Geological Map of the Horden Lake Property
The Horden Lake copper deposit is a classic magmatic copper-nickel deposit with platinum group and precious metal credits. It lies within a 40 kilometer long, 1-1.5 kilometer wide layered mafic to ultra-mafic sill in a volcano-sedimentary rock sequence of Archean age.
TABLE 1 - Selected Cu and Ni Assays from the 2008 Drill Program