- News Release NR-23-01; January 17, 2022:
- Drill Hole HK22-013: 361 m @ 0.96 % TREO (1), of which 20% are
PMREO(2), within
461 m @ 0.85 % TREO + 0.13% Nb2O5, starting at surface, and
including
- 39 m @ 2.01 % TREO within 66.6 m @ 1.57 % TREO
with 20% as PMREO.
- The hole ends at 504 m with 2 m @ 2.84 % TREO and 1.1 g/t gold.
Gold increases with TREO grades, and is associated with REE mineralization in
monazite.
(1) TREO is the
summation of Ce2O3 + La2O3 +
Pr2O3 + Nd2O3 + Sm2O3
+ Eu2O3 + Gd2O3 +
Tb2O3 + Dy2O3 + Ho2O3
+ Er2O3 + Tm2O3 +
Yb2O3 + Lu2O3 +
Y2O3.
(2) PMREO is the sum of
high value rare earth oxides used in permanent magnet motors and turbines used in
electric vehicles and wind turbine: Pr2O3 +
Nd2O3 + Tb2O3 +
Dy2O3.
The Hecla-Kilmer property (“H-K”) is located in northern Ontario, and is a direct extension of the
Company’s ongoing exploration strategy initiated in 2018 at its nearby Ranoke property towards a
blue-sky discovery of a large footprint hydrothermal breccia system with critical metals, copper and
gold using new exploration technologies and modern mineral deposit models on previously untested
targets.
The Ranoke and H-K properties are remote and the targets are covered and previously untested, yet
they are proximal to regional infrastructure including active rail, power and highway which enable
cost-effective exploration, and are favourable attributes towards future project development
potential.
Both properties are centered on large magnetic anomalies associated with regional gravity features
along the western margin of the Kapuskasing Structural Zone (KSZ), a crustal-scale shear zone
hundreds of kilometres long which bisects the Archean Superior province between James Bay and Lake
Superior. The KSZ has a long-lived history of repeated ultrabasic and alkaline intrusions,
carbonatite, kimberlite and lamprophyre spanning 1.6 billion years, and as such, it is a prospective
setting for large IOCG-IOA hydrothermal breccia systems.
Hecla-Kilmer is a multiphase alkaline intrusive complex with carbonatite approximately 4 – 6 km
across. There has been no modern, systematic exploration or drill-testing of the core of the complex
for a large-scale, magnetite-fluorite-apatite hydrothermal breccia system with critical metals.
VR completed a high-resolution airborne EM survey over H-K in 2020 using the state-of-the-art VTEM+
system of Geotech Ltd. The Company had an independent party complete a 3-D inversion of the EM data
in order to refine targets for conductivity within the large and complexly zoned magnetic anomaly at
H-K. The Company also completed a 3-D MVI inversion of a pre-existing, high-resolution, fixed wing
airborne magnetic survey completed in 1993 by High Sense Ltd. as part of a regional diamond
exploration program.
The Company completed four drill holes in November, 2020, on the northern MVI magnetic inversion
anomaly for a total of 1,971m. As announced on December 17th, 2020, VR intersected a
fluorite-carbonate hydrothermal breccia body and high temperature, potassic alteration system with
sulfide which comes to bedrock surface, and has more than 500 m of vertical extent in
two drill holes, HK20-002 and 004. Data from discovery Hole 004 were announced in NR-21-20 on
October 26, 2021:
- 58 m @ 0.38% TREO, incl. 1.44 % TREO over 3.21 m, starting at
40m, the bedrock surface at the base of till.
The Company completed a follow-up drill program in November, 2021, targeting the 3.4 mGal gravity
anomaly located on the western flank of the MVI magnetic anomaly targeted in 2020. Zones in the
hydrothermal breccia with critical metals have high density profiles in XRF drill core scans, and
thus provide a direct link between the gravity anomaly and prospective mineralization. Five holes
were completed for a total of 2,604m. A 299 m intersection of rare earth elements and niobium (REE +
Nb) in Hole 5 was reported on Nov 17th in NR-21-22:
- 299.5 m @ 0.47 % TREO, starting near surface at 52 m depth, and
including up to 1.70 % TREO over 3 m from 156 m, within 28 m of 0.80 % TREO from 152 m;
A state-of-the-art, ultra- high-resolution drone magnetic survey completed over the northwestern part
of the H-K complex in the fall of 2021, and was expanded in the winter season of 2022. A third drill
program was completed at Hecla-Kilmer in April and May of 2022, to follow up on the broad,
polymetallic intersections of critical metals in 2020 and 2021 by using the analytic signal (“AS”)
magnetic anomalies derived from the new drone airborne survey as an indication of higher
concentrations of hydrothermal magnetite. A total of 2,751 m were completed in 8 drill holes ranging
from 249 – 378 m each. Assays were reported for the first two holes of the recently completed
program, Holes 10 and 11, on June 28th in NR-22-07:
- 80 metres at 0.67% TREO within 131 metres at 0.41% TREO in Hole
HK22-010;
- 13 metres at 0.94% TREO within 88 metres at 0.50% TREO in Hole
HK22-011.
Individual one metre samples from the 13 metre intersection in Hole 11 contain up to 2.3%
TREO, up to 39.1% Fe2O3, and up to 11.2%
P2O5.
Assays were reported for Hole 13 on July 21st in NR-22-08:
- 243 metres @ 1.01 % TREO, of which 19% are PMREO, within
290 metres @ 0.91 % TREO starting at surface and continuous from top to bottom in Hole
HK22-013, and including:
- 65 metres at 1.66 % TREO, starting at 155 metres, and
including:
- 39 metres @ 2.01 % TREO starting at 155 metres.
- The 65 metre interval of 1.66% TREO is made up of 24% Magnet REO
(Nd, Pr, Dy, Tb);
- The 15 metre interval with 2.14 % TREO contains 15.71%
P2O5.
A summary table with data for the key intersections from the 17 holes completed in the first three
drill programs at Hecla-Kilmer is provided in the list of maps, figures and core photos which
follows this summary text section.
VR has now intersected high grade Critical Metal mineralization with > 1% TREO with a proportion of
PMREO from 18-21 % in 11 of 17 drill holes. Drilling is still at a very early stage at H-K, yet the
17 holes completed to date demonstrate the lateral and vertical breadth of the hydrothermal breccia
and alteration system with critical metals. For example, in just the area of mineralization in the
northwest part of the complex:
- High grade TREO @ >= 1% in 11 of 17 holes;
- Continuous mineralization of 1.01% TREO for 243m in Hole 13,
starting at surface;
- Mineralization in Holes 002 and 004 spans more than 500 vertical
metres;
- Mineralization in Hole 005 spans 299 m length;
- Mineralization in Holes 008 and 009 spans 1,000 m along the
long axis of the controlling north-south fault;
- Mineralization in Holes 5 and 11 spans a width of more than 500
metres on either side of the controlling north-south fault;
- There is mineral potential along more than 1,200 m of strike
on the offsetting, east-west fault which focuses veins, dykes, breccia and mineralization in
Holes 11, 14, and 17.
In addition to the afore-mentioned mineralization, VR discovered two new areas with Critical Metals
located 1.5 and 2.5 km to the south, respectively, in the central core and south rim of the complex,
as announced in NR22-10 on August 18, 2022. For example, on the south rim of the complex:
- 25.5 metres @ 1.131% TREO with 18% as Magnet REO*,
within 55.2 metres @ 0.70% TREO starting less than 30 metres from bedrock surface in Hole
HK22-015.
- * % Magnet REO: is PMREO divided by TREO (total rare earth oxide) and expressed
as a percent. PMREO is the sum of the high-value rare earth oxides
Pr2O3 + Nd203 + Tb2O3 +
Dy2O3 used in permanent magnets for wind turbines and electric
vehicles.
REE Composition is important at H-K. The ratio of up to 24% Magnet REO’s in Hole 13 is high. That is
important. The light and heavy REE’s Neodymium, Dysprosium, Terbium and Praseodymium are the most
valuable because they are essential in the manufacturing of permanent magnets which are necessary in
electric vehicles wind energy turbine industries. That demand-based value is amplified by scarcity;
that is, they are absent from most REE carbonatite deposits globally.
The polymetallic nature of mineralization at H-K is important. The intersection of 0.27% Nb over 80
metres in Hole 10 compliments the 237 metres @ 0.2% Nb in Hole 5 from last year, with TREO of 0.5 -
0.67 % on average across both of the broad intersections, and up to 2.3% locally. The value of the
Niobec deposit in Quebec, the worlds’ largest, provides an analogue for the value-potential at
Hecla-Kilmer for niobium alone, given the sheer volume of calc-potassic and potassic alteration
facies along structures with Nb + REE mineralization.
Finally: grade comparison to global deposits. The 0.91 – 2.14 % range in TREO content in the various
intervals in the 290 metre intersection in Hole 13 is comparable to the range of 0.4 – 1.73 % TREO
reported for the average resource grades of eight of the top ten REE deposits globally. Just as
important, the proportion of the four PMREO’s in the REE mineralization at Hecla-Kilmer matches, or
exceeds best of breed global REE mines at Bayan Obo in China and Mtn. Pass in California.
To summarize, the upside potential of this discovery of critical metals at H-K lies in:
- The breadth of the intersections made to date, the sheer scale of the host hydrothermal breccia
system both laterally and vertically, and the discovery of three different areas of
mineralization now, all starting at surface, and located across 2.5 km of the complex, from the
northwest quadrant to the south rim;
- The polymetallic nature of the critical metal mineralization, including both the light and heavy
rare earths, niobium, phosphorous and iron;
- The composition of the REE mineralization; it contains a high proportion of the four, high value
rare earth elements used in permanent magnets and essential for the manufacturing of EV’s and
wind energy turbines – this REE distribution drives an unusually high in-situ basket value of
the mineralization at H-K;
- Depth and location: the mineralization comes to bedrock surface at the base of till, and the
project is located less than 25 km from Ontario grid power and active rail and highway
infrastructure.
The relevance of H-K to the rapidly developing critical metal strategies of governments across North
America underscores its potential value to VR, and we look forward to providing further updates as
our exploration planning continues towards delineation drilling planned for the fall season of 2022,
and into the winter season of 2023.
The Hecla-Kilmer property is located in the Moose River basin in northern Ontario, Canada. It is
approximately 35 kilometres southwest of the Company’s Ranoke property, and only 23 km to the west
of the Ontario hydro-electric facility at Otter Rapids, which also serves as the northern terminus
of Highway 634 which links the region to the towns of Cochrane and Kapuskasing situated on the
northern Trans-Canada Highway located some 100 km to the south.
The town of Moosonee located on tidewater at James Bay is located about 125 km to the northeast of
the property. The Ontario Northern railway connects Moosonee with the mainline at Cochrane along the
Trans Canada Highway, and runs through Otter Rapids 23 km east of the property.
Hecla-Kilmer is a large property. It comprises 224 mineral claims in one contiguous block
covering 4,618 hectares in an area approximately 6 x 7 km in size.
The property is located on provincial crown land, with mineral rights administered by the provincial
Ontario Ministry of Like the Ranoke property, H-K is located on provincial crown land, with mineral
rights administered by the Ontario Ministry of Northern Development, Mines, Natural Resources and
Forestry (“MNDM”). There are no annual lease payments, but the MNDM requires certain annual
exploration expenditures and reporting (ie. mineral assessment reports) in order to maintain a
mineral claim in good standing. The property falls within the traditional territories of the Moose
Cree and Taykwa Tagamou First Nations.
The property is owned 100% by VR. There are no underlying annual lease payments to previous owners,
nor are there any joint venture or back-in interests. There is an industry-standard royalty attached
to the property, including a buy-back provision to VR.
Ranoke and H-K are amenable for the effective use of modern exploration technologies for base and
precious metal deposits. Near-by towns with road access facilitate cost-effective exploration.
Subdued topography is optimal for airborne geophysical surveys such as EM and magnetics. Historic
drilling demonstrates that overburden thickness is in the range of 40 – 70 m, average for the region
and easily penetrated by modern drilling technology. Historic and recent drilling also demonstrates
that the hydrothermal breccia system comes to surface, that is, to the base of overburden and till,
making the use of geophysics effective for basement targets.
VR completed the compilation, synthesis and interpretation of all available federal and provincial
government regional data, and archived provincial mineral exploration assessment data in the
Hecla-Kilmer area, and integrated it with the Ranoke project database.
The Company completed the first-ever airborne EM survey ever over the H-K complex in June, 2020,
using the state-of-the-art VTEM+ system of Geotech Ltd. Flown at 100 m line spacing over a 6 x 7 km
survey block for a total of 450 line-km, the data provide a high resolution of detail. The Company
also had an independent, 3-D inversion of both magnetic and EM data completed for improved modeling
for a potential magnetite-fluorite hydrothermal breccia body within the multiphase carbonatite
complex. There are two prominent, high contrast and deeply rooted MVI anomalies (magnetic
vectorization peaks) in the northern and central part of the complex. The northern MVI anomaly
correlates with the largest and strongest basement conductor identified in the VTEM+ survey; the
central MVI anomaly correlates with the strongest overall magnetic signature in the Analytic Signal
product.
A detailed, ground-based gravity geophysical survey was completed in March, 2021. It covers an area
of approximately 1.5 x 3.5 km, with 597 stations completed in total; 573 on an equant grid station
spacing of 100 metres, and 24 done on a 50 m infill pattern covering the main anomaly after it had
been outlined by completion of the main grid.
Overall, the survey was designed to: 1. cover the main RTP magnetic boundaries within the large and
concentrically zoned multi-phase carbonatite complex at H-K, and; 2. cover the main MVI anomaly
derived from the 3-D inversion completed by VR in 2020 using the 1993 airborne magnetic data. The
goal is to identify high-density centers of mineralization based on the high density XRF profiles of
mineralization obtained from the scanning of the 2020 drill holes HK20-002 and 004.
The survey produced a large and high contrast anomaly in the northwest part of the complex, as
summarized in the news release dated May 5, 2021. Anomaly attributes include:
|
400 x 800m in size; |
|
3.5 mGal contrast to surrounding rock of the H-K complex;
|
|
55 stations with high density, with no gaps within the
anomaly; |
|
Sharp boundaries define a dilational Riedel structural
complex. |
The gravity anomaly is co-spatial with, but offset from, the northern MVI
magnetic anomaly.
An ultra – high resolution, state-of-the-art drone magnetic survey was flown in the fall of 2021, and
expanded in March of 2022. The objective of the survey is to: 1. clearly define the external
boundaries of the overall complex, and; 2. identify internal magnetic contacts and gradients that
are discordant to the magnetic zonation related to the primary igneous emplacement history of the
multiphase complex, and are therefore potential targets for secondary hydrothermal veins and breccia
with critical metals.
The final survey now covers an area of approximately 3.4 x 4.5 km and comprises 121 survey lines at
both 25 and 50 m line-spacing for a total of 410 line-km. The survey produces a very high resolution
of data because of the tight line spacing, the low “tree-top” flight altitude of just 30 metres
above ground, and a computerized flight control paired with a new, very high sensitivity
potassium-vapour magnetometer.
Summary of drilling to date by VR, 2020-2021
Fall, 2020. Target: Magnetic anomalies in 3-D MVI
inversion model of regional data
- 1,971 m completed in 4 drill holes ranging from 351 – 609 m
each
Fall, 2021. Target: 3.4 mGal gravity anomaly,
co-spatial with MVI magnetic anomaly
- 2,604 m completed in 5 drill holes ranging from 468 – 561 m
each
Spring, 2022. Target: new AS magnetic anomalies from
high resolution drone survey
- 2,751 m completed in 8 drill holes ranging from 249 – 378 m
each
Fall, 2022. Target: delineate extensions of
mineralization around Holes 13 and 15, respectively
- 1,437 m completed in 5 drill holes ranging from 147 – 396 m
each
A summary table with data for the key intersections of critical metals from the first 17 holes from
the first three drill programs is provided in the list of maps, figures and core photos which
follows this summary text section. The geochemical data were obtained from a sodium peroxide fusion
analytical technique designed to optimize the analytical detection for all of the rare earth
elements.
Geology and Mineralization in Drill Core
VR has discovered critical metals mineralization within a large fluorite-apatite-magnetite
hydrothermal breccia and carbonatite vein and dyke system hosted within a ultra-high temperature,
calc-potassic and potassic alteration system with sulfide which comes to surface, and has more than
500 m of vertical extent.
Drill core photographs with examples of the style of mineralization and alteration which hosts the
REE’s are shown at the end of the list of maps and photographs which follow this text summary.
Key geological attributes in drill core to date include:
- High temperature alteration assemblages completely overprint and/or replace original, alkaline
and ultrabasic rocks ranging from essexite and ijolite to nepheline syenite, and including a
myriad of more evolved dyke phases, including phoscorite and sovite carbonatite compositions,
nepheline syenite porphyry and phonolite.
- Critical metal mineralization is most commonly associated with sulfide-bearing carbonatite
dykes, fluorite-carbonate-apatite veins and magnetite-rich hydrothermal breccia. The key
minerals which host the REE’s include monazite, bastnaesite, fluorapatite and apatite, with the
niobium contained in pyrochlore.
- A north-south fault controls hydrothermal fluids and separates calc-potassic and potassic
alteration mineral assemblages. Calc-potassic alteration is dominated by amphibole and pyroxene
and includes pyrochlore and sufide, and potassic alteration is dominated by magnetite, biotite,
apatite and carbonate. Both alteration facies come to surface.
- Phonolite dykes are abundant and commonly have elevated in gold, with 15-184 ppb gold over
several + 40 metre intervals in drill hole HK20-002 located on the north-south fault which
controls hydrothermal fluids and separates different alteration facies.
More generally:
- Pyrite, pyrrhotite, marcasite and lesser chalcopyrite occur as
seams and clots in fluorite-calcite veins and poly-lithic hydrothermal breccia, and as
disseminated grains in carbonatite dykes. There are assays in 1m samples of up to 0.12% Cu (1240
ppm) in zones of intense fenitization (potassic alteration);
- Dark, commonly red-hued polylithic magmatic-hydrothermal
breccia is throughout most of the drill holes. It overprints all rock types. The groundmass
contains carbonate, fluorite, biotite, magnetite and chlorite. It both disaggregates and digests
carbonatite dykes with sulfide, and is itself cut by carbonatite dykes and fluorite-carbonate
veinlets with sulfide and pyrochlore;
- Alkaline, nepheline syenite porphyry dykes and
sovite/phoscorite carbonatite dykes with variable fluorapatite, apatite and carbonate veins
occur throughout all of the drill holes, and are believed to be the overall driver of the
intense hydrothermal alteration, brecciation and mineralization at H-K.
Drilling is still in the very early stages at Hecla-Kilmer, yet it is already clear that the REE +
critical metals component of the hydrothermal vein and breccia system has significant value
potential, based on:
- The breadth of the intersections made to date, and the sheer vertical and lateral scale of the
hydrothermal breccia and high temperature alteration system;
- Discovery of three different areas of mineralization in the northwestern quadrant, central core
and south rim of the complex respectively, spanning a distance of some 2.5 km;
- The polymetallic signature of mineralization, including both the light and heavy rare earth
elements, niobium, phosphorous and iron, and anomalous copper and gold locally;
- The REE mineralization contains a high proportion of the four, high value rare earth elements
used in permanent magnets and essential for the manufacturing of EV’s and wind energy turbines –
this REE distribution drives an unusually high in-situ basket value of the mineralization at
H-K;
- TREO’s and Nb maintain average grades over broad intersections which are comparable to the
average grades reported for REE deposits globally, and the proportion of the high value PMREO’s
in the TREO mineralization a H-K matches or exceeds that in global best of breed REE
mines;
- Depth and location: mineralization comes to bedrock surface at the base of till, and the project
is located less than 25 km from active rail, grid power and highway infrastructure.
Both the Ranoke and Hecla-Kilmer properties are centered on large magnetic anomalies associated with
regional gravity features which occur along the western margin of the Kapuskasing Structural Zone
(“KSZ”), a long-lived, crustal-scale fault zone with bisects the Archean Superior craton between
James Bay and Lake Superior in a complex, northeast-southwest trending failed rift zone of uplifted,
high grade metamorphic rocks. There is believed to be more than 20 kilometres of vertical crustal
displacement along the KSZ.
The KSZ hosts numerous alkaline, ultrabasic and carbonatite intrusions, kimberlite and lamprophyre
which span more than 1.7 billion years of activity, to as recently as 128 million years ago. This
tectonic setting is prospective for the development of a large IOCG – IOA, and/or carbonatite-hosted
hydrothermal breccia systems with critical metals, copper and gold.
Hecla-Kilmer is a large, roughly circular and concentrically zoned multiphase alkaline intrusive
complex with carbonatite approximately 4 – 6 km across. The Ontario Geological Survey published
cursory petrographic and whole rock geochemical data for the complex in 1988 based on pieces of core
obtained from historic drilling in 1970, as described below in the following section. Overall, the
H-K complex is cored by a large body of coarse-grained nepheline syenite which intrudes a myriad of
ultrabasic marginal phases including olivine gabbro, essexite, ijolite and pyroxenite, with an
abundance of more evolved carbonatite dykes of sovite and phoscorite composition, nepheline syenite
porphyry dykes, and late phonolite and lamprophyre dykes. Inferred age of Hecla-Kilmer is
Proterozoic, based on both early and late Proterozoic age dates for other alkaline intrusions on the
KSZ.
Importantly, H-K was emplaced along the KSZ where it intersects a regional-scale tectonic suture
between two sub-provinces of the Archean Superior Craton; the volcanic-dominated Wabigoon province
to the north, and the sediment-dominated Quetico province to the south. North of the Wabigoon, the
gneissic crystalline basement of metamorphosed sedimentary assemblages and lesser volcano-plutonic
complexes of the English River sub-Province is believed to be the thickest part of the Archean
Superior craton.
The Hecla-Kilmer complex occurs at the current southern erosional boundary of the Paleozoic Hudson
Platform of Ordovician to Devonian marine strata; the thick carbonate shelf succession built upon a
basal sandstone that was deposited on the predominantly Archean basement unconformity. In-turn, the
Moose River successor basin formed within the KSZ in Cretaceous time, covering Paleozoic rocks along
the southern margin of the shelf in a shallow basin less than 50 kilometres across.
Prior to VR, there has been no modern, systematic exploration or drilling of the multiphase alkaline
igneous complex with carbonatite at Hecla-Kilmer for a fluorite-magnetite hydrothermal vein and
breccia system. The opportunity for VR is to be the first to apply modern IOCG-IOA and carbonatite
mineral deposit models to H-K, and the first to use modern exploration technologies to improve the
explore for REE’s, critical metals, and copper and gold.
Exploration History in the Region
Exploration in the Moose River Basin region is hindered by limited access, and a complete lack of
outcrop in the boggy, lowland terrain that is covered by a regional blanket of glacial till. Archean
VMS and Proterozoic orogenic gold deposits occur in the surrounding sub-provinces of the Superior
craton, but there are no active base metal or precious metal mines in the Moose River Basin.
The oldest mineral exploration in the Moose River region relates to coal, which is documented as far
back as 1672 when the Abitibi River was part of an important fur trading route linking Hudson Bay
with the Great Lakes. There are lignite occurrences exposed in the banks of the Abitibi River north
of Coral Rapids. The coal seams were first studied in detail by the Geological Survey between 1871
and 1912. They extend westward from the Abitibi River within the confines a small Cretaceous
successor basin named the Moose River Basin which is less than 50 kilometers in diameter. More than
one hundred shallow drill holes were completed by the Ontario Department of Mines between 1926 and
1930 to evaluate the resource, leading ultimately to the completion of two shafts and some 389
metres of interconnecting drifts. Drilling resumed in the early 1950’s with the completion of an
additional 182 holes. In 1981, the Ontario Energy Corporation re-visited the potential of the coal
and evaluated lignite stratigraphy farther to the west, in the region between the Mattagami and
Missinaibi rivers. Hundreds of shallow drill holes were completed on a lease which exceeded 1
million acres.
Six diamond drill holes were completed at Hecla-Kilmer by Ashland Oil and Elgin Petroleum in 1970, as
part of a regional base metal exploration program. One hole was abandoned, and a scant 854 m were
completed in five other holes, all on magnetic highs in the outer zones of the H-K complex.
Importantly, this historic drilling showed that the H-K carbonatite complex comes to bedrock surface
at the base of till, typically around 40m depth, with no intervening Paleozoic or Cretaceous
sedimentary strata.
Diamonds have attracted most of the modern mineral exploration in the James Bay region. Exploration
started in the 1960’s by DeBeers (Monoprose Canada), focused initially in the Attawapiskat River
region well to the north of the Moose River Basin, and built on the pioneering regional aeromagnetic
program of the Geological Survey of Canada. Ongoing and extensive regional till and alluvium heavy
mineral sampling and high-resolution magnetic surveys through the late 1980’s eventually led to the
discovery of numerous kimberlite pipes, including what became the Attawapiskat diamond mine
(“Victor”) of DeBeers, only recently closed after more than a decade of active production.
Selection Trust (later named Selco Exploration Company) began alluvial sampling in the KSZ region in
1962, and were joined by Esso Minerals in 1979. The first composite kimerlite – lamprophyry dyke was
drilled in 1967, followed by drilling of the Valentine carbonatite complex in 1969. Between 1979 and
1983, the Selco – Esso partnership completed regional heavy mineral sampling of till and alluvium
over an area exceeding 100,000 hectares, and an aeromagnetic program launched in 1980 led to the
identification of numerous post-Paleozoic, pipe-like anomalies, of which 45 were drill-tested; most
were non- copper-bearing, ultra-basic and alkaline intrusions, and four were kimberlite-facies
diatremes.
During that program, Selco completed two drill holes on peripheral magnetic highs at Hecla-Kilmer.
The two holes intersected altered, variably magnetic, dark green and dark red breccia with pervasive
secondary chlorite and biotite respectively, disseminated sulfide, and mottled pink granitoid clasts
with alteration rims. The mafic breccia is pervaded by a chaotic network of carbonate veins and
carbonate-lined fractures in both holes.
The Aquitane Company of Canada Ltd. did airborne and ground geophysics between 1972 and 1974 to
evaluate the hydro-carbon potential of Paleozoic strata, and completed twelve diamond drill holes to
test for base metal mineralization at the base of the succession, MVT mineralization. Kimberlite was
intersected west of Otter Rapids and east of VR’s Northway Property during this work.
In 1978, Kerr-Addison Mines complete a series of reverse circulation drill holes near Otter Rapids to
test exposed basal sandstone at the eastern edge of the Hudson Platform for uranium. These targets
were re-visited and re-tested in 2006, during the re-surgent uranium exploration sector.
Regional-scale exploration in the KSZ - Moose River basin region waned after 1983. Various
small-scale airborne magnetic surveys and ground-based EM surveys, and local alluvium sampling
programs were completed at the property-scale between 1983 and 2006, with the focus mostly on
previously known, ultra-basic and alkaline intrusions and diatremes exposed at surface in and around
Coral rapids, but also on limestone for industrial mineral applications.
A regional-scale but high-resolution airborne magnetic survey was flown for diamond exploration in
1993, extending southwest from James Bay. The survey shows clearly that Hecla-Kilmer is a
concentrically zoned, high contrast magnetic anomaly 4 – 6 km across. Magnetic boundaries within the
complex are sharply defined on RTP, 1VD and 2VD magnetic products; in general, magnetic highs rim a
central magnetic low in the core of the complex that is coarse, unaltered nepheline syenite.
Easterly and northwesterly trending structures disrupt magnetic and gravity patterns within the
complex.
The historic drilling at H-K in 1970 was done before the high-resolution magnetic survey was flown
for diamond exploration, and before the development of IOCG-IOA mineral deposit models. This helps
to explain why all five holes in 1970 were located in the outer concentric zones of the complex, why
they were terminated at very shallow depth, and why there is no record of geochemical sampling or
geochemical data in hydrothermal breccia with fluorite and sulfide which are documented in the drill
logs.
Table 1: REE and
Critical Metal Intersections, Hecla-Kilmer