Monument (Rare Earths, Copper, Zinc)

Property Description

The Corporation acquired claims by map staking in 2024. The 2,160 hectares property is located 60 km west of the of the town of Waswanipi, Quebec. The area is of interest due to the presence of an unexplained electro-magnetic anomaly located within the same geological unit that contain the nearby Montviel rare earths deposit which also displays the same geophysical signature. The unexplained anomaly could also be caused by copper-zinc bearing sulphides.

Exploration work on the property

In the fall 2024, an airborne electro-magnetic and magnetic survey was completed over the property, providing a high-resolution view and more precise location of the anomaly of interest. Follow-up surface reconnaissance of the area was conducted but was unable to identify any bedrock exposure. Till and soil sampling was conducted in the summer of 2025 to determine if the anomaly could potentially bear metals of interest.

A maiden drill program totaling 1,068 metres was completed in fall 2025. The drilling program was planned for 2,000 metres but was interrupted due to adverse weather conditions, as personnel and contractors were unable to access the site by helicopter. The Corporation decided to terminate the drilling program after completing approximately half of the planned work. Assay results are pending and are expected in Q2-2026. Surface exploration will continue once ground conditions permit and may be followed by more advance work, including drilling on specific portions of the property.