Rare Earth Element, Niobium, Tantalum

Property description

The Arques property is composed of one block totalling 127 claims covering an area of 6,362 hectares and a distance of some 18 kilometres in a SW-NE direction. It is contiguous to the Lemare property on its southeast border. The property is traversed in a NE direction by a Hydro-Québec power line and a permanent gravel road that heads north to the Eastmain River and beyond to the La Grande River area. Secondary roads branching off from these also provide access to the property.

Geology

The Lac des Montagnes volcano-sedimentary formation is running just within the South East limit of the Arques Property. The primary observed geology is mainly composed of orthogneisses formed of metamorphosed felsic intrusives. In the winter 2011 a major alkaline intrusion, the Arques Complex, was identified by diamond drilling.

Mineralization

The recently identified Arques Alkaline Complex shows similar characteristics of other deposits which are known for Rare Earth Elements (REE), Niobium (Nb) and Tantalum (Ta) mineralization. If the Company's planned exploration proves their presence, the Arques Complex will become the main exploration target on the Lac Arques Property.

Technical Report

NI 43-101 (Lac Arques - October 5, 2009 and Updated on December 14, 2009)