MORE RARE EARTHS POTENTIAL

The Monument Rare Earths Project

The Monument Project

  • MINERALS OF INTEREST

    Rare Earth Elements

  • LOCATION:

    West of Chibougamau, Quebec

  • SIZE:

    ~1890 Hectares

  • STATUS:

    Active Grassroots Exploration

OVERVIEW

  • The project is located 8km west of the rare earths Montviel deposit (82.4 Mt @ 1.5% TREO & 0.17% Nb2O5 Indicated and over 184Mt Inferred)
  • Lies within the same lithological unit as the Montviel intrusions
  • Several electromagnetic anomalies associated with a high magnetic feature occur together clustered within the center-west claim block

Introduction

The Monument Project is a claim block owned by Neoterrex located west of the Montviel Carbonatite within the same tonalite that hosts the alkalic and carbonate intrusions of Montviel.  There is thick glaciolacustrine sediment across the majority if the claims which would prevent historical surface mapping and exploration discoveries without the use of drilling. There is a large anomalous cluster of electromagnetic anomalies in the northwest of the claim block that fall along a regional magnetic high which remains to be drill tested.

Location and Infrastructure

The Monument project consists of 34 claims totaling 1,891 hectares.  The claim block is located in Quebec, 170km directly west of Chibougamau. Access to the claims is by gravel road off of highway 113.  The closest town is Waswanipi located 55km east southeast.  The claim block is currently accessible by ATV due to flooding of historical logging roads; thus, infrastructure exists but requires some maintenance to allow access for heavy machinery.  There is a Main Facility hydroelectric line 90km east of the project.

Geology

An investigative site visit determined that the majority of the project is thickly overlain by glaciolacustrian sediment with some small hills of till located to the south.  Thus, mapping of the region was likely inferred by geophysics due to little to no outcrop on the claims.  The majority of the claims are currently mapped as foliated tonalite.  The rare earth bearing carbonatite and alkalic intrusions of Montviel just 8km east also occur within the same tonalite.  The tonalite is believe to be a “Dome” structure sub East-West antiform composed of foliated fine to medium grained plagioclase and quartz that runs across the claimblock towards the Montviel alkalic intrusions.  Due to the constraints of surface exploration, it is believed that undiscovered mineralized carbonatite and alkalic intrusions similar to Montviel could occur again further west within the Monument claim block.

The southern claims lye within mafic volcanics containing graphitic mudrock and ash tuff.  This geological setting can be host to massive sulphide mineralization (VMS) that can contain base and precious metals.  Electromagnetic anomalies are also located within this unit. South of these volcanics runs The Waswanipi River Shear zone (CRW).

Exploration History

A report published by Geology Quebec shows an extensive mapping program of the Lac au Goeland region in 2004, which covers the Monument project.  Part of it’s aim was to determine the extent of the alkaline intrusions of Montviel.

NeoTerrex Work

Neoterrex intends to conduct a drilling program on the Monument property to investigate its rare earth and base metals potential.

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