Baillarge Molybdenum Property

In same structure that hosts the past producing La Corne Moly Mine. The La Corne mine was operated intermittently by Molybdia Corporation Limited from 1951 to 1972 as an underground mine. Total production during this period was 3,838,844 tons of ore at a head grade of 0.33% MoS2 (6.6 lbs/ ton) and 0.040% bismuth (0.80 lbs/ton).

The mineralization occurs in a swarm of quartz-pegmatite veins hosted by a large sill or stock of biotite granite. The granite mass is a northeast trending body more that is more than 1,000 metres long and contained within the Preissac-Lacorne batholith. Near surface it is approximately 426 metres (1,397 feet) wide, narrowing to about 350 metres (1,148 feet) at the 228 metres level (750 feet) below surface. A biotite schist of sedimentary origin bounds the sill or stock to the north and south and also hosts sets of veins carrying molybdenum and bismuth.