EEYOU ISTCHEE-JAMES BAY

NAKAMI

Location

90 kilometres southeast of Radisson in the James Bay area of Quebec

Size

103 claims, 5,249 hectares

Ownership

100% Hinterland

Work to date

Compilation; limited surface prospecting and sampling

Target

Shear-hosted vein gold adjacent to Opinaca-La Grande contact zone

2018 Work; Budget

Airborne survey; $65,000

Details

Hinterland holds a 100% interest in the 103-claim (5,249-hectare) Nakami gold project located just east of the La Grande-3 airstrip.  It is accessible by the all-weather Trans-Taiga Road. The claims cover a sharp, east to south fold in the Opinaca-La Grande contact zone, and are underlain mainly by basalt meta-volcanic rocks in contact with tonalite intrusive rocks. Regional airborne magnetic data also suggests the presence of several narrow iron formations. 

The Nakami property lies 25km east of and within the same band of rocks that host the Zone 32 deposit (Osisko-Baie James) where an historical, non-compliant mineral resource of 4.2 million tonnes at 2.1gpt Au has been reported (Virginia Gold Mines press release, March 11, 1999). Three mineral showings are documented on the Nakami property. The Aéroport-A showing has retuned gold values up to 1.2g/t Au in grab samples (MERQ GM 53785). The Aéroport-B showing has returned values up to 20.7% copper, 112.0g/t silver and 1.2g/t Au in selected grab samples (MERQ GM 53364). The Lac Pikuyaukw showing has returned up to 2.4g/t Au in grab samples (MERQ GM 56503).  A brief prospecting and sampling program completed by Hinterland returned gold values ranging up to 5.6gpt Au and copper values up to 0.4% Cu from 13 rock samples.

Next Steps

It is anticipated that the Company will complete line-cutting and geophysical, prospecting, mapping and sampling surveys over the Nakami claims in 2017 at an approximate cost of $65,000 subject to successful financing. Hinterland is actively seeking a joint venture partner for this project due to its relatively remote location.