The age of the rocks varies from early to late Proterozoic.
The mineralization found to date on the Labrador Claims consists primarily of copper and gold mineralization in sulphide with associated pyrite (a non-economic sulphide mineral).
Based on the mineralization and the known geologic rock types, there appear to be three possible deposit types that could host mineralization within the Property;
1) porphyry copper-gold in sulphide,
2) volcanogenic (Cu-Pb-Zn) massive sulphide, or
3) magmatic nickel-copper sulphide.
Copper-gold (Cu-Au) deposits occur within sedimentary rocks when a stock intrudes into the sediments and heats up the ground water. The heated fluids pick up copper and other metals as they percolate through fractures opened up within the sediments. Mineralization is mostly disseminated, but significant veins of chalcopyrite, rich in Au, are also present. The presence of chalcopyrite in meta-sediment and malachite staining are excellent indicators for a copper-gold system.
VMS deposits are commonly formed by deposition of hot metals into seawater from volcanic vents on the seafloor. The main metals include copper, zinc, lead, gold and silver. Within the Property there are no mapped volcanic rocks, although the known mineralization has been found within gabbro and diorite.
Magmatic nickel-copper sulphide deposits are hosted in mafic to ultramafic rocks such as gabbro, norite, and troctolite. Other rock types commonly associated with these host rocks are diorites and anorthosites, such as at Voisey’s Bay. Within the Property
chalcopyrite mineralization was identified in a gabbro and separately associated with a diorite dyke.
Market Data 
Markets 
AI
