Serpentinite bodies such as those that occur in the Golden Hope Mines claims along the northern limit of the Appalachian in southeastern Quebec are under-explored in North America.
To learn more about Serpentinites/Ultrabasic bodies and the Golden Hope model, read our geological report here.
Serpentinites Geology in Southern Quebec
The Company has acquired over 75% of the area known to be underlain by ultrabasic intrusives in the110 kilometer long Bellechasse – Chaudière section of the belt, and includes those intrusives considered to show potential for precious metal concentration.
The Chaudière River was the site of the first Canadian gold rush and gravels from it and tributary streams were mined successfully for recovery of alluvial gold beginning in the 1800s.
The Golden Hope Mines technical team observed that the gold placers lie down-drainage from the serpentinites. Subsequent investigation indicates gold is associated with these altered ultrabasic rocks. Data available suggest extensive mineralization is possible and these targets satisfy the Company’s large metal concentration criteria.
Although copper, nickel, cobalt and platinum group metals are often associated with ultrabasic intrusives, Golden Hope Mines Ltd. is primarily interested in the gold-hosting potential of these rocks.
The recently acquired Chute de Bras showing covers several hundred metres of favourable rocks where the most recent sampling returned gold values ranging from trace to 21g/tonne. The showing lies along the edge of one of the ultrabasic intrusives recently staked by Golden Hope Mines Ltd. The St-Victor claims which include the Chute du bras showing cover approximately 30 kilometers of favourable contact.
The Company has acquired nine other ultrabasic bodies by staking in the area.
The association of gold with altered ultrabasic intrusions in the Bellechasse- Chaudière region of Quebec creates an exceptional and unique opportunity for Golden Hope Mines in the friendliest of all mining jurisdictions, Quebec.