The Frida Property is located in the James Bay area, Northern Quebec. Radisson is the closest town located 45 km north of the project. Radisson is accessible year-round via the La Grande Rivière airport and the Route de la Baie James. The Matagami-Radisson road runs 30 kilometres west of the Property and summer access is via a jetty at the northern end of Sakami Lake at Km 56 on the Trans-Taïga gravel road located 30 km north of the northern property limit.

The Property consists of 45 mining claims with a total surface area of 2,317.1 Ha and it’s 100% owned by Vanstar and no NSR royalty (“Net Smelter Return”) is attached to the claims. 

Technical Evaluation of the Gold Potential

Regional Geology

The Frida property is located within the central part of the Superior Geological Province, which comprises four Sub-provinces: from north to south, they are the La Grande, Opinaca, Nemiscau and Opatica (Figure 4). Stratigraphy of the immediate area of Sakami Lake was well described by Goutier et al. (RG 99-15).

 The La Grande Subprovince, defined as a volcano-plutonic assemblage, is characterized by narrow, sinuous, and partly interconnected greenstone belts surrounded and intruded by voluminous granitoid rocks. Structural trends are predominantly east-west to southeast-northwest. The subprovince consists of, from bottom to top, the Tonalite Langelier Complex (basement) dated to 2,778 ± 4 Ma, a mature arenitic sedimentary sequence (Apple formation) surmounted by a volcano-sedimentary sequence composed mainly of tholeiitic basalts, felsic volcanoclastites (dated to 2,732 Ma), and iron formations interbedded with sedimentary horizons (Yasinski group). These volcano-sedimentary sequences are cut by a series of intrusions of tonalite, diorite, monzodiorite, syenite (Duncan group, 2,709 Ma) and later ultramafics.

The Opinaca subprovince is a metasedimentary and plutonic subprovince located in the center of the Superior province between the Opatica subprovince and La Grande subprovince. The Opinaca subprovince is dominantly a sedimentary sequence of younger (≈2,618 Ma) clastic turbidites belonging to a much larger sedimentary basin (Laguiche basin). Polydeformed schists occur at the subprovince margins, whereas the interior portions are metamorphosed to amphibolite and granulite facies. The sedimentary units are commonly intruded by granodiorite, tonalite and pegmatite dykes.

According to the chronology of structural events from Goutier (RG 99-15), the first deformation episode, before the setting of the supracrustal unit, is visible into the tonalitic gneiss of the Langelier Complex. A second episode affects the volcano-sedimentary sequence of Apple-Yasinski. It is associated to a NW-SE tectonic movement and is responsible for kilometrical folding and imbrications. After the Duncan intrusion, which is associated with the third deformation, and the foliation of the intrusive units, a thrust fault brought the volcano-sedimentary unit in part over the metasediments of the Laguiche Group. Finally, a dextral (NW-SE) shear system affected the dome and basin structure.

The regional metamorphism varies gradually from the green schist facies in the North to the amphibolitic facies in the south. This progression is mostly observable through the metasediments of the Laguiche Group.

Local Geology

The geology of the Frida property is dominated by two rock types (Figure 5). Mafic volcanic rocks of the Yasinski Group are essentially basalts and amphibolites striking northwest. The basalts and amphibolites are often massive and recrystallized showing a microgabbroic texture. Some basalts contain biotite and garnet and are highly schistose. A lens of wacke is also described by Goutier (RG 99-15). The wacke has a brown patina because of the biotite and is mineralized with pyrite. It forms thin to medium beds where a normal grading is sometimes visible. Centimetric quartz veins have been observed on outcrops. In some areas, the wacke has been mylonitized because of shearing.

Canico reported the presence of iron formation beds and the magnetic survey shows two magnetic highs that may indicate the presence of iron formation beds that are often intercalated in the basalt. It also shows a possible fold with a northwest axial plane. It is also possible that the shear zones in the area represents shearing along the axial plane. The general trend of the lithologies is northwest with steep dips to the northeast or to the southwest.

The second rock type is a hornblende-biotite tonalite intrusive rock of the Duncan Intrusive Suite (RG 99-15). The tonalite post-date the volcanic rocks and is variably deformed. The pink to grey pluton is homogeneous, affecting a white patina. It is a medium-grained plutonic rock composed of 40- 50 % plagioclase, 35-45 % quartz, 5-15 % hornblende and biotite with < 5 % of K-feldspar. Accessory minerals are epidote, titanite, and apatite.

Economic Geology

Gold in iron formations is known to occur in the region as evidenced by the Zone 23 gold occurrence in an iron formation of the Yasinski group about 12 km to the south and on the Sakami property. The Buck gold showing is another gold occurrence in an iron formation located in the south part of the Eva property. The Buck showing is located in a folded iron formation about 2 km south of Eva the property. The sampling results gave the following: 2,59 g/t Au sur 3,5 m including 10,81 g/t Au sur 0,5 m ; 20,54 g/t Au, 6110 ppm As and 2,6 g/t Ag ; 10,35 g/t Au, 1510 ppm Cu and 4,8 g/t Ag; 18,96 g/t Au, 3730 ppm As and 2,1 g/ t Ag ; 5,69 g/t Au, 4260 ppm As and 1,4 g/t Ag.

Canico has identified some iron formation beds in the south part of the property. The magnetic survey also shows the presence of a possible fold structure on the property along with possible axial plane shear zone. This constitutes an excellent target for that type of gold mineralization.

The northwest trending shear zones identified on the property may also be correlated with the JR, 9.6 and EX-43 gold showings located about 6 km to the southeast.

Surface Work

Three periods of systematic mapping by governments took place on the property, Eade (1957), Sharma (RG 184) and Goutier (RG 99-15). Various local geological studies were also done in the area. No rock samples were analyzed during the mapping program by the geologists of the MERN.

In the mid 70’s, SDBJ and their partners were very active in the region. No records of ground prospection on the property is reported.

Canico also did limited geological reconnaissance and prospecting in the southern portion of the property to investigate some magnetic and electromagnetic anomalies. It is unknown if any rock samples were collected and assayed.

Upcoming Work 2021

The company is planning to do an airborne magnetic survey followed by a geological and prospecting survey across the property. A budget of around 100,000$ is allocated to that first phase.

A drilling campaign could follow based on the results obtained in the first phase.