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JOE MANN PROPERTY

Location60 km south of Chibougamau, QC
OwnershipOption to earn 100% interest
HistoryPast producing underground mine: 1.2 M oz at 8.26 g/t Au 0.25% Cu, from 1956 to 2007
CommoditiesGold and Copper
Current StatusAdvanced exploration
Mineral Resources 2021Inferred: 608,000 tonnes @ 6.78 g/t Au and 0.24% Cu, containing 133,000 contained ounces of gold

OVERVIEW

Dore Copper signed an option agreement in January 2020 to acquire a 100% interest in the Joe Mann gold mine located 60 km south from the Company’s Copper Rand mill and 60 km south of Chibougamau, Québec.

The Joe Mann mine operated in three phases for 27 years, between 1956 and 2007, and produced 1.2 million ounces of gold at a grade of 8.26 g/t Au, 607,000 ounces of silver at a grade of 5 g/t Ag, and 28.7 million pounds of copper at a grade of 0.25% Cu.

In late 2020, Dore Copper completed 8,343 metres of drilling on the Joe Mann property. The results confirmed the high-grade downdip extension of the West Zone and the continuity of the Main Zone below the underground workings of the Joe Mann mine, and highlighted the high-grade potential of the Far West Zone.

The Corporation is proceeding with an evaluation to dewater the mine which would give access to the lower level of the mine to efficiently drill the depth extension of both the Main and West Zones.

The Corporation reported a NI 43-101 mineral resource estimate on July 28, 2021 and is expected to complete a Preliminary Economic Assessment (PEA) in late 2021 to support an eventual hub-and-spoke restart of the camp with Corner Bay as the main feed and Joe Mann as a secondary feed to its 100% owned Copper Rand 2,700 tpd mill.

HISTORY

RECENT & CURRENT EXPLORATION

GEOLOGY & MINERALIZATION

MAPS AND SECTION

Long section

Surface map

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