SOQUEM announces new drill results on its Cardinal Property, extending the Richelieu magmatic nickel-copper-PGE zone

SOQUEM

CHIBOUGAMAU, QC, Nov. 18, 2024 /CNW/ – SOQUEM, a subsidiary of Investissement Québec, is pleased to announce the latest results from the exploration program completed in the summer of 2024 on its Cardinal Property. The property, wholly owned by SOQUEM, is located 80 km southeast of Chibougamau.

This second exploration program aimed to evaluate the continuity of the Richelieu Zone discovered in 2023 (press release of December 11, 2023) and to assess nearby geophysical targets. Thirty (30) holes were drilled for a total of 7,604 metres, including 21 holes for 5,786 metres on the Richelieu Zone.

Highlights :

  • On the Richelieu Zone, hole 1438-24-031 returned grades of 1.05% copper, 0.75% nickel, 0.11% cobalt, 0.575 g/t platinum, 0.486 g/t palladium and 0.088 g/t gold over 11.65 m starting at 45.8 m.
  • The length of the massive to semi-massive sulphide zone has doubled to 450 metres.
  • A newly recognized 800-metre-long electromagnetic conductor 5 km south of the Richelieu Zone is now a priority target.

See the press release

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Partners

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Partners

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Partners

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Partners

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