Oceanview Claims

94 Claims, 1521 Hectares, 5 km of Strike length

Up to 3% Cobalt and 3% Bismuth plus Cu-Pb-Zn-Ag-Sn

The Copper Lake-Oceanview claims in Cape Breton, Nova Scotia, are 100% owned by 3302051 Nova Scotia Limited, which is 100% owned by Perry MacKinnon. The property consists of four licences, 51188, 51189, 52127 and 52181, which contain a total of 94 claims.

Access is very good throughout the property via a network of good quality forestry roads. Much of the area has been recently deforested. The claims are 75% on Provincial Crown Property, 25% on private property.

Approximately 50 diamond drill holes (90 metres maximum vertical depth) have tested the area, spanning over 5 kilometres, most on the Copper Lake (French Road) showing, as well as the Oceanview showing. Exploration focussed on copper mineralization, which occurs in association with cobalt, bismuth, zinc, arsenic, lead, tin and silver in a (polymetallic) skarn. Enclosing the skarn are a variety of siltstones, shale and mudstone, bounded to the east by Precambrian volcanics, similar to those hosting the Stirling VMS deposit, some 28 kilometres to the southwest. The Deep Cove molybdenum deposit, approximately 5 kilometres to the east, is hosted by a felsic intrusive within the volcanics.

Grades of cobalt and bismuth are reported as high as 3% for each in drilling, and over 0.4% from surface sampling. Unfortunately little analysis has been done for cobalt and bismuth in the drilling on the property, much of which was done in the 1950’s, the latest in 1981.

At the Copper Lake site, mineralization occurs on surface in two areas 60 metres apart. At the main showing a 26 metre shaft was sunk in 1876, which was filled in for safety reasons recently. An abundance of gossanous, calc-silicate material is present, thought to be a metamorphosed calcareous layer in the siltstone and shale. The second surface occurrence lies to the northwest of the main showing and it is here that a sample ran 4070 ppm cobalt, 7160 ppm bismuth, 272 ppm silver and 178 ppb gold, and copper values were minimal. Similar values, and higher, were obtained in drill core.

2017-2019 Mobile Metal Ion soil surveys have identified the strongest cobalt values occur several hundred metres northwest of the known showings in an area of EM anomalies with no drilling. The known cobalt mineralization is open in all directions.

Anomalous gold values occur on the claims, and in the wider area. Additional staking may be done.


Trout Lake Claims

5 Claims, 81 Hectares (adjacent claims are available)

Located in a remote area of northwest Cape Breton, Nova Scotia, the site is accessed by foot approximately 800 metres from a good gravel road. It is all on Provincial Crown Property. The 5 claims contain all of the known mineralized showing trenched by INCO (now owned by Vale) in the mid 1980’s, which tested a large gossanous horizon, however no outcrop appears to have been reached, though no report was filed. Mineralization consists mainly of net-textured pyrrhotite containing disseminations of pentlandite, cobaltite and chalcopyrite all contained within an ultra-mafic to mafic intrusion, known to host nickel and platinum group mineralization in outcrops throughout the world.

Two world class Ni deposits serve as excellent models for the Trout Lakes showing: Alexo near Timmons, Ontario, Canada and Kambalda in Australia, both exhibit a zone of low grade, net-textured ore overlying massive ore zones in peridotite. Sampling by G. DeMont of DNR in 1994 produced anomalous values in numerous elements and 1163 ppm for nickel. Sampling by the author returned values of 1380 ppm Ni, 797 ppm Cu and 375 ppm Co. Ground EM surveys show a response 750 metres long and 200 metres wide. This site has not been tested below 10 metres depth and no testing for platinum group metals is known to have been done.

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