Apollo (Au)

About Apollo Project

The Apollo project is part of the “Three A’s”, 3 projects wholly owned by Tarku in the Matagami area (Admiral, Apollo and Atlas) totaling 248 mining titles centered on the Eastern extension of the Sunday Lake regional fault including ductile shear of the Waswanipi River (RWSZ). It consists of 96 claims (5,273 ha) centred on the Rivière Waswanipi ductile shear zone.

The project has been acquired in 2016 by “Project Generation” based on several points of geological interests. These include information provided by the most recent mapping of the area and historical results that identified gold grains in glacial deposits.

Apollo has strong gold mineralization similarities with the geological context found at the Detour Lake Mine and the Kirkland Lake Mining Camp and Tarku’s management believes that the gold potential of the Matagami sector has been undervalued and uses today modern geological models and exploration techniques to aid in the discovery of gold mineralization

Apollo Project Overview

LOCATIONMatagami area, Québec
METALSGold
STAGEExploration
OWNERSHIP100% Tarku
LAND POSITION96 claims (52.7 km2)
EXPLORATION HIGHLIGHTSGold mineralization similarities with Detour Lake Mine and the Kirkland Lake Mining Camp

Project History

In 1987, during an exploration work, Finnith Exploration found that more than 60% of their till samples contained gold grains (from 1 to 19 gold grains; GM 46862). In 1988, Inco’s till sampling program yielded several gold values exceeding 0.5 g/t Au in the heavy mineral fractions, including a maximum value of 4.94 g/t Au (GM 48222). All these historical results are down-ice from the Rivière Waswanipi shear zone that hosts the Rivière Waswanipi showing (2.36 g/t Au over 1 m; 1991, GM 51193).

Geological Context

The Apollo project is centred on the Rivière Waswanipi ductile shear zone, the eastern extension of the Sunday Lake Fault. This regional structure is characterized by the presence of alkaline rocks, polygenic conglomerates (Timiskaming type) and porphyry intrusions bearing anomalous gold values on the order of hundreds of parts per billion (GM 52712). This corridor, altered to carbonate-hematite-magnetite, contains the Rivière Waswanipi gold showing (2.36 g/t Au over 1 m; GM 51193) hosted in a porphyritic dyke and tuffs altered to pyrite-fuchsite as well as several porphyry intrusions bearing anomalous gold values on the order of 0.1 to 0.9 g/t Au over 0.6 to 5 m (GM 52712).

Collectively, these metallotects present a favourable setting for orogenic gold mineralization associated with alkaline rocks and porphyry intrusions, which Tarku interprets as being similar to those of the regional Sunday Lake Fault, host of the Detour Lake mine or the Kirkland Lake Mining Camp. Tarku cautions that the mineralization at the Detour Lake mine or the Kirkland Lake mining Camp may not be indicative of the mineralization that may be identified on the Company’s Matagami projects and is used as a conceptual exploration model only.

Local Geophysics

In April 2019, Tarku completed a 271 line-km geophysical High-resolution magnetic survey was completed along the 6 km wide favourable zone along the regional Rivière Waswanipi shear zone (see press release dated January 31, 2019). That MAG survey demonstrates:

  • Magnetic data shows historical Au values associated with porphyritic and alkaline rocks in historical drill holes are mostly located at the edge of magnetic highs and none of the drill holes directly intersected high magnetic anomalies (see figure 1).
  • A correlation between magnetic highs and gold mineralization is interpreted as the nearest Au value to magnetic highs is also the highest Au results on Apollo to date, the Rivière Waswanipi gold showing (2.36 g/t Au over 1 m).
  • Several newly discovered large elongated km-wide magnetic highs are interpreted to be syn-deformation alkaline buried dykes swarms or stock intrusions (see zones [1] and [2] on figure 1).
  • Major NE-SW cross-cutting faults has been interpreted as offsetting other older structures and rocks within the Rivière Waswanipi shear zone (see zones [3] on figure 1).
  • A new interpretation of the survey data has generated many high-priority drill targets focusing on structural intersections, interpreted intrusions and historic untested geophysical anomalies.

In May 2021, Tarku completed a 750 line-km combined magnetic (MAG) and time-domain electromagnetic (TDEM) helicopter-borne survey over the main targeted areas of the Apollo and Atlas projects. Flight lines were surveyed at a 100-metre spacing and were conducted by Prospectair (Gatineau, Quebec) and Dynamic Discovery Geoscience (Ottawa, Ontario) aided in interpretation of the mineralized systems and identified new gold and base metals targets within the favourable zone.

On Apollo, the preliminary analysis of the MAG and TDEM survey clearly demonstrated the extension of the Rivière Waswanipi Shear zone to the east and the west, and all reported metallotects present a favourable setting for Orogenic gold mineralization associated with alkaline rocks and porphyry intrusions, which Tarku interprets as being similar to those of the regional Sunday Lake Fault, host of the Detour Lake mine or the Kirkland Lake Mining Camp. As previously described, Tarku’s 2017 till sampling program identified a 6 km wide favourable zone along the regional Rivière Waswanipi shear zone (RWSZ) that may be the source of the gold grains sampled (see press release dated April 10th, 2019).

Exploration Results

To validate historical gold results and to locate the source of gold mineralization, Tarku carried out a till, humus and rock sampling survey in autumn 2017. The gold grain counts for samples collected on both projects ranged from 1 to 47, with 18 samples containing more than 15 gold grains, which is above the regional background level. The results also reveal strong zoning and the presence of two areas with elevated gold grain counts (>15), with one particularly significant area in the south-central part of the Atlas Project and identified a 6 km wide favourable zone along the regional Rivière Waswanipi shear zone (RWSZ) that may be the source of the gold grains sampled.

In 2019, following a 271 line-km geophysical High-resolution magnetic survey completed along the 6 km wide favourable zone along the regional Rivière Waswanipi shear zone (see press release dated April 10, 2019), several never drill tested gold targets were outlined in a favourable geological context: metallotects present a favourable setting for orogenic gold mineralization associated with alkaline rocks and porphyry intrusions, which Tarku interprets as being similar to those of the regional Sunday Lake Fault, host of the Detour Lake mine or the Kirkland Lake Mining Camp.

Tarku cautions that the mineralization at the Detour Lake mine or the Kirkland Lake mining Camp may not be indicative of the mineralization that may be identified on the Company’s Matagami projects and is used as a conceptual exploration model only.

Exploration Programs

The Apollo Project is ready to be drilled. Tarku is looking for partners to advance the project to the next stage.

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