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Nuvau Minerals Completes High Resolution Drone MAG Survey
Coverage area includes recently announced gold till anomaly plus two more historic gold occurrenc...
About this update from Nuvau Minerals Inc.
[{"type":"text","content":"Nuvau Minerals Completes High Resolution Drone MAG SurveyCoverage area includes recently announced gold till anomaly plus two more historic gold occurrences on Matagami property largely subject to base metals explorationToronto, Ontario--(Newsfile Corp. - May 12, 2025) - Nuvau Minerals Inc. (TSXV: NMC) has just completed a key step on its journey to unlocking the gold potential of the Matagami Property in the Abitibi region of Québec. It has flown a detailed high resolution drone magnetic (\"MAG\") survey over an area north of where a 2023 sonic drilling program discovered a significant gold grain anomaly. Hole PD-23-030s had more than 2,000 gold grains per 10 kg of material, supported by a near-contiguous sample with 295 gold grains.The MAG survey included areas where two other gold anomalies have been previously identified in Québec's SIGEOM/EXAMINE database (see Figure 1):Daniel-1, which includes a gold value of 6.18 grams per tonne over 1 metre associated with massive sulphide from a diamond drill hole.McIvor-SE, which is sourced from a grab sample in a volcanic shear zone, grading at 37.71 grams per tonne.\"These showings add to our thesis that the Matagami camp has the potential to produce gold,\" said Peter Van Alphen, Nuvau's President and CEO. \"The data from this MAG survey will help us develop our eventual diamond drill program related to the gold grain anomaly we recently identified, which is scheduled to start in the second half of 2025. We have just begun to uncover the gold potential of this 1,300 square kilometre land package, where exploration to date has been limited to base metals even though it is in a region known for hosting gold mineralization, including the Detour Gold and Casa Berardi gold mines.\"The detailed high resolution drone MAG survey was flown over the area surrounding PD-23-030s, extending north and northeast of the anomaly (see Figure 1). The western limit of the survey is approximately 3 kilometres away from the Caber Complex and the Renaissance discovery, the undeveloped massive sulfide cluster with near-term production potential. This high resolution MAG survey will provide valuable geophysical data to support Nuvau's continuing base metal exploration of the underexplored northern part of the property. The MAG survey was flown along 25-metre spaced lines oriented at N020° for...