The opportunity for VR is to be the first company to apply modern IOCG - IOA, carbonatite and kimberlite mineral deposit models to the northern KSZ district, and be the first to utilize modern exploration technologies to improve the exploration for REE’s, critical metals, copper and gold in a region covered by a blanket of glacial till.
Historic exploration in the Moose River Basin region has been hindered by limited access, and a complete lack of outcrop in the 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 historic or currently active base metal or precious metal mines in the Moose River Basin.
The Moose River region has a long and varied, if not sporadic checkerboard history of mineral exploration during the past 100 years.
Overall, Cretaceous coal seams were the focus at the turn of the previous century, the basement unconformity at the base of the Paleozoic shelf was the focus for base metal exploration in the 1970’s, and there was active diamond exploration through the 1980’s and 90’s, extending and eventually focusing in the region west of James Bay at Attawapiskat located some 350 km to the north of Hecla-Kilmer, off the western shores of Hudson Bay.
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 the Cretaceous Moose River Basin. 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. Hundreds of shallow drill holes were completed on a lease which exceeded 1 million acres.
The Aquitane Company of Canada Ltd. completed airborne and ground geophysics between 1972 and 1974 to evaluate the hydro-carbon potential of Paleozoic strata, and twelve diamond drill holes to test for base metals at the basement unconformity, and MVT-style mineralization in the overlying limestone. In 1978, Kerr-Addison Mines complete a series of reverse circulation drill holes near Coral 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.
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 were the focus of 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 Victor.
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.
Selco completed two drill holes on magnetic highs peripheral to Hecla-Kilmer during their regional kimberlite exploration program. 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.
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. 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 in the early 1990’s, and before the development of IOCG-IOA mineral deposit models. This helps to explain why all five holes at H-K 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.
Some 40 years later, VR has taken the opportunity to be the first company to apply new exploration technologies and modern mineral deposit models to explore the region for large footprint mineral systems in the presence of both tectonic suture boundaries related to the amalgamation of the Archean Superior craton, and the Kapuskasing Structural Zone, a Proterozoic failed rift and host to a myriad of intrusions and hydrothermal and volcanic breccia bodies which span some 1.6 billion years of earth history.