VAL-D’OR, QC, Oct. 22, 2024 /CNW/ – SOQUEM, a subsidiary of Investissement Québec, is pleased to announce the results of the exploration drilling program completed in winter 2024 on its Wagosic Property. The property, wholly owned by SOQUEM, is situated 90 km west of Matagami, near the former Selbaie mine (56.9 Mt @ 0.87% Cu, 1.85% Zn, 0.55 g/t Au, 39 g/t Ag; CONSOREM, 2012).
Highlights:
- Detour-Selbaie showing: thick stockwork zone intersected in 1338-24-060 and 1338-24-073, respectively yielding 0.76% Zn, 0.12% Cu, 0.39 g/t Au and 6.3 g/t Ag over 216.2 m and 1.47% Zn, 0.12 g/t Au and 8.3 g/t Ag over 235.15 m.
- Detour-Selbaie showing: extension identified 125 m east of VMS-037 in the form of a stockwork displaying several similarities with the Detour-Selbaie showing. Hole 1338-24-069 returned 1.35% Zn, 0.11 g/t Au and 17.1 g/t Ag over 212.5 m.
- Xylem showing: extension identified 75 m to the south. Hole 1338-24-062 intersected 0.86% Cu and 4.0 g/t Ag over 65.15 m.
- Silver 2 Zone: hole 1338-24-071 intersected a zone of veins and veinlets yielding 217.3 g/t Ag, 0.3 g/t Au and 0.37% Zn over 14.50 m.