Launay

Metals of interests:  Gold, Molybdenum

Ownership: 100 % Melkior

Location: 80 km northwest of the City of Val d’Or – Accessible by road all year-round.

Surface area:  144 claim units covering a total area of 63 km2

Highlights:

• Presence of numerous gold showings through-out the property
• Disseminated auriferous pyrite observed over a length of 400 meters with significant historical drill intersections of 6.92 g/t Au over 12.8 m and 9.10 g/t Au over 7.0 m (Zone 75)
• Gold bearing shear zone of 152 meters long and 23 meters of average width with significant historical drill intersections of 5.09 g/t Au over 9.42m and 3.37 g/t Au over 6.86m (Principal Zone)
• Presence of a major deformation zone, the Macamic fault, believed to be a slip fault associated with the Cadillac and Destor-Porcupine faults which host world class deposits.
• Technical Report (PDF)

Map of property with local showings

February 26, 2009 - More land acquired and 2008 drilling reported on Launay Gold.