SOQUEM announces new drill results on its Cardinal Property, extending the Richelieu magmatic nickel-copper-PGE zone

SOQUEM

CHIBOUGAMAU, QC, Nov. 18, 2024 /CNW/ – SOQUEM, a subsidiary of Investissement Québec, is pleased to announce the latest results from the exploration program completed in the summer of 2024 on its Cardinal Property. The property, wholly owned by SOQUEM, is located 80 km southeast of Chibougamau.

This second exploration program aimed to evaluate the continuity of the Richelieu Zone discovered in 2023 (press release of December 11, 2023) and to assess nearby geophysical targets. Thirty (30) holes were drilled for a total of 7,604 metres, including 21 holes for 5,786 metres on the Richelieu Zone.

Highlights :

  • On the Richelieu Zone, hole 1438-24-031 returned grades of 1.05% copper, 0.75% nickel, 0.11% cobalt, 0.575 g/t platinum, 0.486 g/t palladium and 0.088 g/t gold over 11.65 m starting at 45.8 m.
  • The length of the massive to semi-massive sulphide zone has doubled to 450 metres.
  • A newly recognized 800-metre-long electromagnetic conductor 5 km south of the Richelieu Zone is now a priority target.

See the press release

22 October 2024

An imposing hybrid hydrothermal system identified on the Detour-Selbaie showing, Wagosic Property

SOQUEM

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: […]

1 March 2024

SOQUEM Announces New Drill Results for its Cardinal Property, Confirming the Presence of a Magmatic Nickel-Copper System

SOQUEM

SOQUEM, a subsidiary of Investissement Québec, is pleased to announce the final set of results from the exploration drilling program completed on its Cardinal Property in the fall of 2023. Wholly owned by SOQUEM, the property is located 80 km southeast of Chibougamau   Highlights The best results were obtained from the Richelieu Zone with grades of 0.92% copper, […]

12 December 2023

SOQUEM announces the discovery of a magmatic Nickel-Copper system on its Cardinal Property

SOQUEM

Chibougamau, December 11, 2023 – SOQUEM, a subsidiary of Investissement Québec, is pleased to announce the first results from the autumn 2023 exploration drilling program on its Cardinal Property. The property, wholly owned by SOQUEM, is situated 80 km southeast of Chibougamau.   Highlights Discovery of a new mineralized zone, named Richelieu, where drill hole 1438-23-003 returned […]

17 October 2023

SOQUEM discovers a new copper zone on the Wagosic Property

SOQUEM

VAL-D’OR, Quebec, Oct. 17, 2023 — SOQUEM, a subsidiary of Investissement Québec, is pleased to announce the results of the drilling exploration program completed in winter 2023 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 […]