Romios Gold Resources (YRW-V) has acquired (through staking) four platinum-group-metal (PGM) prospects, about 55 km north of Schefferville in east-central Quebec
The Retty Lake-Anticline Lake, Thompson Lake, Gomez Lake and Willbob Lake properties cover about 5.6 sq. km in the Labrador Trough, near the Labrador border. The trough lies in a segment of the Circum-Superior Mobile belt, which hosts nickel-copper-cobalt-PGM deposits in the Thompson Nickel belt in Manitoba and in the Raglan belt in Quebec.
The properties’ nickel and copper occurrences have been subject to previous exploration. This included geophysical surveying, which delineated a number of copper/nickel-bearing sulphide zones. Assaying for platinum and palladium was not done.
The Retty Lake-Anticline Lake property contains a 3-km-long, semi-continuous sulphide zone, which hosts a sulphide deposit reported to contain 1.36 million tons averaging 1.5% copper and 0.67% nickel. The deposit occurs along the basal contact of a peridotite. A surface sample returned 0.7 gram platinum and 2.1 grams palladium per tonne over 3 metres. Initial sampling of sulphide zones returned low nickel, copper and PGM values. The largest zone measures 100 metres in length. It is 2-10 metres wide.
At the Thompson Lake property, prominent gossans and extensive copper and nickel mineralization, associated with bands of peridotite and gabbro, occur over a strike length of 1 km. Previous geochemical sampling of the gossan zones returned anomalous copper and nickel values. The property is believed to cover the east limb of the anticlinal structure that hosts the Retty Lake nickel-copper-PGM deposits.
The Willbob Lake property covers the nose of an anticlinal fold, some 14 km southeast of the Retty Lake sulphide deposits. It hosts sulphide zones and large copper-nickel geochemical anomalies adjacent to the footwall of an ultramafic sill. Samples from the sulphide zone yielded up to 0.3% nickel, 0.4% copper and 0.27 gram palladium. The property hosts an untested electromagnetic conductor which is coincident with a copper-nickel-PGM geochemical anomaly up to 100 metres wide in spots.
The Gomez Lake property contains a massive-sulphide occurrence with anomalous platinum and palladium values in an ultramafic peridotite. Untested geophysical anomalies lie along strike from the peridotite body.
The company has two years to complete the required exploration assessment work.
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