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FAYOLLE

Quebec, Canada BACK TO PROPERTIES LIST

Fayolle 1500

REGIONAL GEOLOGY

The region is located within the Abitibi geological sub-province. These rocks are mainly Archean and slightly metamorphosed. They were divided into three groups of volcanic origin and two groups of sedimentary origin.
view map

The volcanic rocks are mainly Kinojévis ferriferous and magnesian tholeiites, komatiites and rhyolitic horizons. As for those of the Blake River group, they are characterized by basic andesites intercalated with pyroclastic rocks topped by more felsic rocks with a transitional to calc-alkaline affinity. These rocks are host to many massive sulphide deposits in the Rouyn-Noranda region. The Hébécourt formation is composed of ferriferous and magnesian tholeiites extending from the Ontario border up to the Bousquet-Laronde mining camp.

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Kewagama sedimentary rocks, younger than the volcanics consist of turbidites deposited in basins adjacent to both volcanic edifices. As for Témiscaming rocks, they are younger and are composed of coarse polygenetic sediments deposited in alluvial and fluvial environments.

Several intrusions cut across these rocks. In the vicinity of fault zones, there are a multitude of dykes of various compositions (syenite, tonalite albitite, lamprophyre). One of these intrusions, composed of syenite and pyroxenite ultrapotassic units, is located south of the property (Cléricy syenite).

The volcano-sedimentary units are separated by long deformation zones such as the Porcupine-Destor, Aiguebelle, Parfouru, Manneville, Manneville North and South faults. These large structures cut across the region on EW to ESE directions. In the property sector, the fault zone results from a triangular collision zone overlapping with different attitudes and directions. Many gold deposits are associated with this structure zone, particularly west of the region and the on Ontario side.

As for the Cadillac-Larder Lake Fault, it is located further south. It is a worldwide recognized gold structure that gave birth to several of the largest gold deposits in Canada.

Besides the volcanogenic sulphide mineralization found south of the property, we find in the immediate area gold mineralization associated with either shear zones or fracture zones (Yvan-Vézina Mine). In a report published by the Québec Ministry of Natural resources and Wildlife (RG 96-13), Goutier identifies an area of highly prospective gold zones between the La Pause and Aiguebelle faults. This area is shown on the map below. The property is located in the heart of this prospective area.
view map

LOCAL GEOLOGY

The property is located on the border of northern and southern volcanic zones of the sub-province of the Abitibi region of the Superior Province. According to Goutier (RG 96-13), several groups of rocks are present on the property. In addition, it is also found at the junction of several faults that are part of the extension of the fault zone Destor-Porcupine. In some cases, one can also observe the superposition of these structures.

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Despite the lack of outcrops in the central part of the property, Goutier determined that the heart of the property is occupied by the Malartic-Kinojevis imbrication zone between La Pause and Aiguebelle breaks, which is similar to a tectonic front associated with overlapping formations having a northern direction. This is a very complex area, as both the number of overlapping and tectonic faults. There is a sequence of overlapping panels of basalt-komatiite and rhyolite-turbidites, a multitude of syn-tectonic dykes and volcanic of the Malartic Group.

The Fayolle Property overlies across a segment of the Porcupine-Destor Fault zone, a major gold enriched zone in Abitibi. The Fayolle Property, where the majority of historical works were carried out, covers only 1% of this major structure.

A deposit (Fayolle) and several significant gold occurrences are present within the property boundaries. Other showings located near the property are: Faille 1, Aiguebelle-Goldfields and Destorbelle. These showings are all located along the interfaces marked by a strong magnetic contrast on the regional and local maps.

PAST WORK

Various mining companies have held mineral rights to the Fayolle property since the discovery of the Destorbelle and Aiguebelle Goldfields showings in 1946. Among others, these companies included Destorbelle Mines, Aiguebelle Goldfields, Hard Rock Gold Mines, Leric Mines, Victoria Zinc Copper Mines, Rio Canadian Exploration, Noranda Exploration, SOQUEM, Kerr-Addison Mines, Eldor Resources, Exploration Essor, Orco Resources, Cristobal Resources, Barrick Gold Corporation and McWatters.

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Typhoon quickly launched exploration work following its acquisition of the Fayolle property in September 2003. Below is a detailed summary of the historical work carried out by Typhoon before its option agreement with Hecla Quebec Inc. (formerly Aurizon Mines) in 2010.
view tables summarizing significant work carried out from 1946 to 2009
(p. 36-39 of the 43-101 Technical Report and PEA)
view the 2010 to 2012 drilling campaigns results tables
(p. 66-80 of the 43-101 Technical Report and PEA)

Geophysical surveys and several MMI™ samples have been completed on a target located approximately 1 km south of the Fayolle Deposit.
see table in press release dated November 13th, 2013

A 140 km magnetometer survey using differential GPS and a 28 km OreVision-IP survey have been completed on the Fayolle Property, in the south part and on the two (2) isolated mining claims located east. These surveys were completed in order to characterize the geological units and their mineralization.

Trenching and systematic channel sampling (137.35 meters) of the subcroping eastern limit of the Fayolle Deposit allowed access to some high grade gold zones as defined in the latest resources estimate, published September 6, 2012.
see table in press release dated December 11th, 2013

The “Cinco Zone”, located 2 km east of the Fayolle Deposit, was the subject of a channel sampling program (18.6 meters) in order to test the width of the mineralized system. A soil sampling survey of around 500 samples was also completed in the Cinco area to help delineate the highest gold potential targets.
see table in press release dated December 18th, 2013

A drilling campaign of 4,235 meters was carried out in order to evaluate the gold potential of the Fayolle Deposit extension. This drilling program also allowed to follow-up on the gold-bearing potential of the new mineralized zone, highlighted during the 2013 works.
see table in press release dated January 21st, 2014

Channel sampling completed north of the Fayolle Deposit allowed access to some high grade gold zones to confirm grade consistency and continuity of the mineralization.
see table in press release dated March 26th, 2014

The first drillhole from the Cinco Showing, FAX-14-71, has intersected 10 meters of pyrite bearing brecciated veins at a vertical depth of about 100 meters. Several gold values were intesected by this first hole.
see table in press release dated April 15th, 2014

The second drillhole completed on the Cinco Showing, FAX-14-72, has intersected several gold values and local visible gold was observed in a quartz vein. These results show the presence of a new mineralized system located at more than 2.7 km east of the Fayolle Deposit in a similar geological context as the one observed at the Fayolle Deposit.
see table in press release dated April 29th, 2014
view photograph of visible gold specks

An MMI™ soil survey and a ground magnetic survey were carried out in the southern part of the Fayolle property. Standardized anomalous gold values ​​were obtained and are concentrated in three areas along the Malartic Group which is well known to host altered dykes associated with gold bearing structures.
see table in press release dated May 21st, 2014

PARTNERSHIP

Since July 28, 2014, Hecla Quebec Inc. owns 50% of the Fayolle Project and has become its operator.

 

Qualified Person – Information of a scientific or technical nature has been prepared under the supervision of Daniel Gaudreault, ing., (OIQ) and qualified person under NI43-101.

This page was last updated: 08/07/2014

Project details

Type

Gold property

Owner(s)

50% Typhoon Exploration Inc.
50% Hecla Quebec Inc.

Location

The property is located approximately 35 km north-east of the town of Rouyn-Noranda in Abitibi.

Claims

39 contiguous mining claims located in the Aiguebelle and Cléricy townships

Performance

Other Facts

  • The property is easily accessible by road from the village of St-Norbert-de-Mont-Brun.

  • A 2% royalty (NSR) is attached to the property.

43-101 TECHNICAL REPORT

Access our PDF document containing the 43-101 Technical Report and Preliminary Economic Assessment Study (PEA) by clicking a link below. It will open on the applicable page, but feel free to browse other sections of the document.

LOCATIONp. 28-34
REGIONAL GEOLOGYp. 40-46
LOCAL GEOLOGYp. 46-55
PAST WORKp. 36-39
p. 66-80