The Arrowhead property is a continuous claim block of 400.76 hectares in the north-east corner of the Joannes Township.
Agnico-Eagle fully surrounds the Arrowhead property and has recently conducted a significant drilling campaign to the east of the claims.
Previous drill holes on the property intercepted 40 gold-copper mineralized zones, enhancing the potential for quartz-carbonate auriferous veins associated with E-V trending faults on the shear zone.
The project has a favourable postion on the Cadillac-Larder Lake Fault and represents an attractive target for future exploration.
First prospecting on the property started in the 1920’s with additional drilling by SOQUEM and Agnico-Eagle Mine LTD.
Gold values up to 45.05 g/t were obtained over appreciable widths.
Geochemistry survey conducted in 2015 shows favourable geochemical signatures and rock alteration on the property.
Property Mineralization:
Mineralized intercepts enhance the property’s potential for multiple types of mineralization:
Gold-rich VMS deposits like at Boursquet #2 and LA Ronde Gold Mine
Gold-rich plymetallic veins, like at Doyan and Mouska gold mines
Quartz-carbonate auriferous veins associated with regional E-W trending faults and sheer zones
Two quartz-carbonate veins have been found on the property known as veins “A” & “B” and dip steeply to the north, parallel to schistosity.
New mineralized veins are thought to exist as a result of previous exploration work conducted – modern exploration techniques are needed to prove their economic potential.