BBA has been engaged to develop a scoping study that will assist with permitting an exploration decline at Frotet and a preliminary cost estimate prior to application. Development of an underground exploration decline will facilitate year-round drilling to define the Regnault gold deposit with a resource estimate anticipated by late 2025. Baseline studies are included in the contract.
The Regnault deposit is a greenfield discovery made by Kenorland and Sumitomo in 2020. Since then, 220 drill holes totalling 100,721 metres have been drilled. The property has a network of forestry road and a crossing over the Route du Nord in the southwest part of the property. A power transmission line, which served the Troilus mine, also crosses the property.
The deposit is hosted within quartz-calcite stockwork vein systems, and pyrite is the dominant sulphide mineral with gold mineralization. Visible gold has been logged in several high-grade…
