Mines D’Or Orbec (TSXV: BLUE) (“Orbec” or the “Company”) is pleased to announce encouraging initial results from the 2024 exploration campaign at its 100% owned Muus Gold Project in Chibougamau, Quebec.
The 2024 program was designed in conjunction with the IAMGOLD Corporation (IAMGOLD) exploration team and approved by the Orbec-IAMGOLD Technical Committee. Work so far this year has focused on Lac Bernard Sud, where many till samples returned untouched gold grains (source: 2021 till survey by IOS Services Géoscientifiques Inc.), which is a very significant anomaly (among the highest found in Québec), and on Lac des Sables, where field work has confirmed the prospectivity of volcanogenic massive sulphide (VMS) mineralization.
Orbec’s CEO, Dorian L. (Dusty) Nicol, commented, “We are very pleased to have already achieved success with the 2024 exploration work on the Muus project. We remain very excited about the discovery potential at Muus and believe that a continued phased exploration approach on the project will lead to multiple discoveries. Confirmation of the VMS potential at Muus, in addition to the Nelligan style potential that we had previously identified, underscores the prospectivity of this project.
Exploration Program
This year’s exploration program to date has included geological mapping (in conjunction with drone surveys of historic trenches) and geochemical sampling. Ongoing work will include till geochemical sampling and Induced Polarization geophysical surveys as summarized in a news release dated July 3, 2024. The goal is to identify high quality drill targets.