VAGAR

The main area of interest is the so-called “Greater Amphibolite Ridge”. The area is predominantly underlain by granodiorites with orogenic-style gold mineralization found in quartz veins hosted in or close to regional shear zones. The next phase of exploration should include further delineation of these by mapping, sampling and structural assessment. “Ship Mountain” is 2 km NE of Nalunaq. Several other amphibolite occurrences require further exploration. Next phase of exploration should aim to identify MV mineralisation at Ship Mountain and perform channel sampling. Lake 410 - the same geological setting as Nalunaq. Historical drilling reported low grade gold mineralisation in quartz veining along an apparently continuous structure, possibly the same structure as at Nalunaq. Next phase of work should include review of historic drilling and field assessment to establish similarities to Nalunaq and whether drilling has under-reported gold grades.