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Belfast – Teck Mag

Belfast – Teck Mag Project

Emerald Lake, ON

 

 

 

  • Over 30 sq. km. land package comprising five properties in the Temagami Mining Camp, located northeast of Sudbury, Ontario, namely the Belfast Copper Property, the TeckMag Property, Golden Rose Property and the recently acquired DGC Property and JPC Property.
  • Our project is part of an Emerging Sudbury 2.0 trend that is targeting mineralization above the Temagami Magnetic Anomaly, a large magnetic, dense and conductive anomaly that may be related to the Sudbury Igneous Complex, the most prolific mining camp in Canada.
  • Situated in a known, productive mining jurisdiction; nearby mines, smelters and exploration projects targeting similar mineralization (Vale’s Copper Cliff Complex, Glencore’s Nickel Rim South Mine and Sudbury Smelter and Inventus Mining’s Sudbury 2.0 Project)
  • The Belfast – Teck Mag Property has exceptional exploration upside for several deposit types including magmatic Copper-Nickel-Platinum Group Elements (Cu-Ni-PGE) and Volcanogenic Massive Sulphides.
  • Preliminary exploration work has identified numerous conductive anomalies at depth adjacent and along the same geological corridor that hosts Teck Resources past-producing Temagami Copperfield’s Mine.
  • Phase 1 Exploration Drilling on the Belfast Copper Project has encountered significant sulfide mineralization in most of the holes close to or at projected target depth.

Belfast Copper Project:

  • Our flagship project, is a culmination of many years of data gathering, geological interpretation, and field work performed by our exploration team, who have identified several potential target areas for various styles of potentially economic mineralization, including magmatic Ni-Cu-PGE, IOCG, VMS, Iron hosted Au and Paleo-Placer Au.
  • After modeling and filtering with the data gathered from our 2,300 line-km VTEM MAX Airborne survey, as well as Ground Gravity Surveys, our team identified 30 geophysical targets.
  • Conquest commenced the Phase 1 Drilling program in early June 2021. During a six-week period, 12 drill holes were completed, 3 of which have encountered significant mineralization.
    • Drill Hole BC21-05 – Intersected sections of disseminated to semi-massive pyrrhotite, pyrite, and chalcopyrite mineralization in the form of disseminations, sulphidic horizons, and breccia units over a core length of 26 meters.
    • Drill Hole BC21-11 – Intersected numerous zones of pyrrhotite, pyrite, and chalcopyrite within chlorite-altered metasediments, in the form of sulphidic horizons and disseminations.
    • Drill Hole BC21-02 – intersected sections of semi-massive to massive sulphides over a 5-meter core length.
  • Phase 1 Drilling is expected to be completed by Q4 2021. An aggressive Phase 2 diamond Drilling program is scheduled to begin upon the discovery of any potential economic mineralization during the Phase 1 Drill program and fully executed by the end of Q4 2021, including the interpretation of drill results.

Recently Consolidated Land Packages

 

DGC Property:
  • In March 2021, Conquest acquired a 100% interest in the DGC Ni-Cu-PGE property located in the Afton Township of Ontario on our Belfast – TeckMag Property.
  • The DGC property is located in the central portion of our claim group covering the central portion of the Temagami Magnetic Anomaly, which is adjacent to the Sudbury Igneous Complex, one of the largest positive magnetic anomalies in North America.
  • Prior to the acquisition of Canadian Continental Exploration Corp. (CCEC) by Conquest Resources Ltd, CCEC drill-tested the DGC claims with a 2,200m hole in 2014. Hole AT14-01 intersected a quartz diorite dike at depth of 1,989m, similar to mineralized dikes associated with the Sudbury Igneous Complex.
JPC Property:
  • In another separate transaction during March 2021, Conquest acquired the JPC Property in the Clement Township of Ontario on our Belfast – Teck Mag Property.
  • The 1,620 hectare (16.2 km²) JPC Property is located to the south east of Conquest’s Golden Rose Property.

 

Belfast – TeckMag Exploration:
  • Conquest has completed nine diamond drill holes in BIF hosted Au targets and one drill hole targeting an EM anomaly on the Golden Rose Property
  • Golden Rose Property Drill Highlights;
    • Hole GRW20-01 – successfully intersected the projected down-faulted extension of the host iron formation for the Golden Rose gold mineralization approx. 400 m west of the previous limited of the historic mineralization at the Golden Rose Mine. Anomalous gold mineralization was encountered in the drill hole.
    • Holes GR20-01 through to GR20-04 – Completed over the historical mine workings that tested potential down-dip and down plunge extension of historical mineralization. The drill holes intersected narrow high-grade gold mineralization.
    • Hole GR20-05 – Tested a magnetic anomaly 700 m east of the mine workings along the projected strike of the iron formation hosting the past-producing Golden Rose Mine.
  • During Q3 of 2021, Conquest completed a 155-line kilometer airborne MobileMT survey (See figure below) west of Emerald Lake, ON.
    • Results from the survey revealed a large area of low resistivity south of the TeckMag leases and away from the main IF trend, which is encouraging for exploration for exploration for both Archean VMS and mafic intrusive related deposits
  • Drilling planned for 2021 Q1 is scheduled to continue testing the iron formation for its gold potential further east where several magnetic anomalies and coinciding Mobile Metal Ions (“MMI”) and B-Horizon gold-in-soil anomalies are to be targeted.

Airborne Geophysical Program

  • Geotech Airborne Surveys was awarded a contract to cover the area of the Belfast Copper and Golden Rose Properties with over 2,319-line kilometers of V-TEM MAX electromagnetic and high-resolution magnetic surveys being completed.
  • The survey has assisted in targeting potentially covered Volcanogenic Massive Sulphide (VMS), high-grade Cu-Ni-PGE, and IOCG mineralization on the Belfast – TeckMag Property.
  • Additionally, the airborne Geotech VTEM MAX electromagnetic and magnetic surveys over the Belfast Copper Project have identified numerous conductive anomalies at depth adjacent and along the same geological corridor of felsic volcanics that hosts Teck Resources’ high-grade Copperfields Mine, which has produced 80M pounds of copper at an average grade of 6%, 230,000 ounces of silver and 13,000 ounces of gold.

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