The property hosts four gold- bearing shear zones with grades of up to 0.156 oz per ton. Although considered a gold property by Malartic, the properties will also be explored for base metal potential.
Malartic can earn a 100% interest by paying $200,000 to Audet and spending $500,000 over the next five years. Work is scheduled to begin immediately.
The claims will continue to be known as the Audet property.
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