Wednesday, December 02, 2009 10:53:31 PM
http://www.detourgold.com/i/pdf/DGC091008.pdf
ex..Conquest's Aurora and Sunday Lake claims at Detour Lake
total 88 square kilometers and are surrounded by Detour Gold Corp's
Detour Lake gold development property.
The Detour Lake Deposit is currently subject of a feasibility study
on the development of a 13.2 million ounce gold open pit resource
which lies approximately 500 metres immediately to the north
of Conquest's Aurora claims.
The Detour Lake gold camp lies within the prolific Abitibi
Greenstone Belt.
The Abitibi Belt has a history of world-class production from
over 100 gold mines totaling nearly 200 million ounces of gold
in historic production and current resources.
>>Is CQR your favorite stock right now?
I keep looking at the location-location-location and the potential
for a quick buy out in case they discover significant gold
next door to Goldcorp.
Mines need huge infrastructure, lots of capital and a good work force
and all is right there at your property line if significant
gold deposits are found.
It has the best chance for a quick JV or buyout I have ever seen
once the size and scope of gold deposit is determined.
The two deeper drill holes not yet reported could sure give a nice clue.<<
well said, ex....
http://www.conquestresources.net/pdfs/CQR_Investor_Presentation.pdf
Detour Mine - Open Pit Mine
Aurora Project, Detour Lake, Ontario
Project Overview
Located in the Northern Abitibi Greenstone Belt, adjacent to the Detour
and Casa Barardi gold mines and the Selbaie copper-zinc mine.
Over $3.7M in historic expenditures by major companies.
Drilling by Conquest identified and/or confirmed the presence of gold
mineralization in two areas.
The GB Zone has been confirmed as a major gold-bearing system with
potential for high grade gold lenses which has now been traced
by Conquest over a strike length of at least 1,800 metres.
At least three lenses of high grade gold mineralization have now
been encountered within the GB Zone.
The drilling on the Sagimeo Lake Shear encountered a new gold-bearing
zone associated with zinc sulphide rich quartz veins, and this zone,
the SLS Zone, has now been established as a significant new
gold-bearing system which strikes northward 4km to
the former Detour gold mine.
The Company has been exploring the possibility of farming out
the Aurora project and has been in discussion with a particular
party over the past 6 months.
However, no agreement has yet been reached.
Aurora and Sunday Lake - Proximity to Detour Gold Corp's Proposed Open-pit Development
Aurora and Sunday Lake - Claims on Landsat Image with Detour Gold Corp's Proposed Mine Planning
Aurora Project, Detour Lake, Ontario
Project Details
The Aurora Property comprises two separate claim groups:
(1) the Main Aurora Property comprises 12 mining leases and lies 4km
south of the Detour mine.
It is 16km in length and varies from 4km to 5 km in width; and
(2) the Sunday Lake Property comprises 3 mining leases and is located
about 4.5km due east of the Detour mine along
the Sunday Creek Deformation Zone
The properties are almost completely overburden covered.
As a result, most of the geological information has been obtained
from diamond drilling and from interpretation of geophysical surveys.
Since 1980, Boliden and various joint venture partners have expended
approximately $3.7 million.
Although the geological environment displays many similarities to that
of the Detour mine, the stratigraphic section on the Aurora Property
is considerably thicker and the structural geology more complex.
There is also a larger number and more complex history of igneous
intrusive bodies, which range from ultramafic to felsic in composition.
Diamond drilling by Westmin Resources Ltd.
(the predecessor company to Boliden) between 1981 and 1989 indicates
two major structural breaks on the Aurora Property called
the Northern and Central Breaks respectively.
Reverse circulation (RC) overburden drilling has detected four strong
gold-in-till anomalies at the bedrock interface in the vicinity of
the two breaks.
Several of the Aurora Property RC holes yielded heavy mineral
concentrate samples with gold-in-till anomalies of >15,000 ppb Au
(> 15g/t Au) and high counts of visible gold grains.
These are comparable with similar anomalies documented down-ice
from the Casa Berardi orebodies, located on the Quebec side of
the nearby provincial border.
Although cut-off points have not been completely defined on
the Aurora Property, it is believed that the Aurora deep
overburden anomalies are close to source.
Placer Dome completed an induced polarization survey and 32 diamond
drill holes in 1996 and 1997. Anomalous gold was intersected in
three holes on the Central Break, the strongest being 1 metre
grading 6.6 g/t Au in PD-064.
Significant visible gold mineralization was intersected in four
areas on a newly-defined break (the Southern Break) at the southern
margin of the Aurora Property.
Two of these intersections are potentially ore-grade.
The gold occurs as native gold associated with quartz veinlets and
as disseminations in sulphide and tourmaline-bearing tuffaceous
chemical sedimentary interflow horizons.
On Section 17,200E, hole PD-059 intersected 3 metres grading
46.2 g/t Au.
This was followed-up with a single hole 100 metres below the
intersection which did not intersect significant mineralization.
Hole PD-058, located 1.6 km to the east on Section 18,800E,
intersected 2.6 metres grading 21.6 g/t Au.
This was followed-up by PD-084 which intersected 2.0 m grading
10.0 g/t Au 70 m below PD-058 and PD-070 which intersected
1.0m grading 2.4 g/t Au 70 m above PD-058.
In the third area, located 300 metres northeast of PD-058 on
Section 19,000E, hole PD-053 intersected
4.9 g/t Au across 1.5 m In the fourth area, on Section 18,200E,
hole PD-075 returned 10.3 g/t Au across 0.9 m.
Potential
Conquest believes that the Aurora Property has significant potential
to host either a major gold deposit based on similarities in structural
and geological setting withother nearby mines within the Abitibi Belt
in Ontario and Quebec, or a poly-metallic volcanogenic base and
precious metal deposit similar to the nearby Selbaie mine
(copper-zinc-lead-silver-gold).
Conquest proposes to conduct a program comprising additional drilling
and exploration on the Aurora Property to follow up on the promising
high grade gold intersections previously encountered in
the North, Central and Southern structural breaks.
Aurora and Sunday Lake - Baselayer Total Mag with 2-VD Interpretation and Claim Boundaries
http://www.conquestresources.net/project_details.php?pid=2&s=m
dd..listen to..
Presentation by John F. Kearney, Conquest's Chairman on "InvestmentPitch.com"....
http://www.investmentpitch.com/media/514/Conquest_Resources_Ltd.__TSXV_CQR/
http://www.conquestresources.net/
imo. tia.
God Bless
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