Presentation
News Alerts

CSE: HHE  |  FSE: 0NB  |  OTC(PINK): BTKRF

CSE: HHE  |  FSE: 0NB  |  OTC(PINK): BTKRF

Presentation
News Alerts

CSE: HHE  |  OTC Pink: BTKRF  |  FSE: 0NB

Our Projects

McKenzie Project

Applying the R2G2 Natural Hydrogen Model Across HHE’s Nova Scotia Portfolio

Our Projects — Québec

Introduction

The McKenzie East property adjoins the east side of the McKenzie Break Project owned and operated by Monarch Mining Corporation.

Monarch completed a gold resource estimate for in February 2021 with an open pit-able 1.4 MT at 1.8 gpt indicated and 2.2 MT at 1.44 gpt inferred. The estimate also provided an underground mineable resource of 0.4 MT at 5 gpt indicated and 1.1 MT at 4 gpt inferred. The McKenzie East claims cover 3,080 hectares.

  • The property has undergone historic exploration that included the discovery of the C2-B mineral showing, located within 300 meters east of the Monarch property. At the C2-B showing, drilling of a geophysical VLF target with an associated magnetic feature intersected mineralization associated with quartz-carbonate-pyrite-chalcopyrite veins in andesitic-diorite host rocks. The most significant values reported from the historic drilling include 3.10 grams per tonne (g/t) gold (Au) over 0.30 metres, 1.21 g/t Au over 0.30 metres (both from drill hole CO-94- 10), and 1.10 g/t Au over 0.30 metres from hole CO-94-13.

  • Monarch completed a gold resource estimate for in February 2021 with an open pit-able 1.4 MT at 1.8 gpt indicated and 2.2 MT at 1.44 gpt inferred. The estimate also provided an underground mineable resource of 0.4 MT at 5 gpt indicated and 1.1 MT at 4 gpt inferred.

*Click image to enlarge

Our Projects — Québec

Drill Ready

  • First Atlas currently has a planned drilling program to further test the gold intercepted in historic drilling at the C2-B mineral showing, continue testing the promising geology and gold intercepts of hole MKE-21-03, and drill other untested geophysical targets.

  • The McKenzie East is a drill-ready project with untested gold targets. The adjacent McKenzie Break property shows that there is potential for either a large-scale open pit or high-grade underground gold resource

Our Projects — Québec

Historic Work

First Atlas has completed ground Induced Polarization (IP) electrical survey, a MMI soil sampling survey, a drone-supported airborne magnetic survey, and diamond drilling on the McKenzie East. In 2021, First atlas completed 2,587 metres of drilling over 8 drill holes on the property. Results include 1.185 grams per tonne gold (gpt Au) over 1 metre from hole MKE-21-01 as well as intercepts of > 0.5 gpt from holes MKE-21-03, MKE-21-06 and MKE-21-08. Drill hole MKE-21-03 appears to show the možt promise from the drilling campaign, which included a section of core that contained a visible gold grain. The section containing the visible gold returned a weighted (Metallics assay coarse and fine) average 0.61 gpt Au over 1 metre. However, the coarse fraction contained 8.01 grams per tonne indicating that coarse gold was a significant part of the overall content.

High-Grade Potential:

In the southern part of the property, the Maruska gold occurrence is located in very close proximity to the eastern limit of the McKenzie East claims. This gold occurrence is the site of very high gold values (242 gpt) associated with north-south trending quartz veins. First Atlas has completed a reconnaissance of the Maruska to verify gold showing, and to assess the potential extent of the McKenzie East property, sample results are pending at this time.

FORWARD-LOOKING STATEMENT DISCLAIMER:
This document contains forward-looking statements based on current expectations, field observations, and preliminary data. No resource estimate or commercial viability has been established. Past exploration success does not guarantee future results. This is not an offering document. Investors should conduct their own due diligence. First Atlas Resources Corp. (HHE): richard@qmetalscorp.com | CEO: Richard Penn, (778) 384-8923
Subscribe To Our Newsletter

Get notified about the latest company news and updates by signing up below.