CSE : PGR

MARION PROPERTY

MARION PROPERTY

| CSE : PGR |

INTRODUCTION

MARION PROPERTY

The Marion property is located 270 km north-northwest from Thunder Bay, and 100 km southwest of Timmins and consists of fifty-three (53) unpatented mining claims located in the Province of Ontario.

Geologically the Marion Property contains a number of lithological and structural features that makes it a compelling target for gold exploration.

The historic trenching of the property identified 12.75 g/t Au over 9.15 m, and 135 m along strike the structure contained 2.18 g/t Au over 9.75 m (Domego Resources Ltd, 1979).

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OVERVIEW

REGIONAL &
PROJECT GEOLOGY

The property is underlain by a sequence of sedimentary, felsic and mafic volcanic and volcaniclastic rocks of the Swayze greenstone belt. This belt hosts the Côté Lake gold mine, which contains reserves and resources of 7.61 Moz Au (1.03 g/t Au), and 12.07 Moz Au (0.89 g/t Au), respectively, and is hosted in tonalite intrusions (IAMGold Annual Report, 2023). The primary mineral deposit type being targeted on the property is gold-rich volcanogenic massive sulphides

Gold mineralization is also associated with a 15 m thick banded iron formation, which is an excellent host for exhalative and structurally controlled precious metals. The Marion property also contains tonalite intrusions, which wil be investigated for Côté Lake style gold mineralization. Geologically the Marion Property contains a number of lithological and structural features that makes it a compelling target for gold exploration.