Turner Lake Project
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The Turner Lake Project features classic Archean lode gold deposits, and gold mineralization is concentrated along Fe/Mg Tholeiitic contact. Archean gold deposits typically extend to depth for a significant distance. Received limited diamond drilling to date, all drilling within the first 150 metres from surface with visible gold common in almost all holes that test the gold zone. Good gold grades along significant drill lengths have been encountered, a basic understanding of the strike, dip and plunge of the gold mineralization has the Main Gold Zone ready for a grid pattern drill program which eventually will lead quickly to an NI-43-101 resource study. Several other Gold deposits and a massive Sulphide Deposit occur on the property with limited systematic exploration conducted on these mineral occurrences.
TED Project
SUBSIDIARY OF TURNER LAKE PROJECT
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The TED Project consists of the T4-6 mineral claims staked by Bathurst Metals covering 2,644 hectares. It is owned 100% and is adjacent to the south-west of the company’s 100% owned Turner Lake Project. The TED Project covers an eight-kilometer strike length of banded iron formation contained within upper greenschist to lower amphibolite facies of the Archean aged Yellowknife Supergroup. Gold mineralization was discovered in 1984-1986 during the last known systematic exploration conducted by Echo Bay mines. The rocks consist mainly of metasediments and conglomerates -key lithologies found at other known gold occurrences in Nunavut (Sabina, Meadowbank, Meliadine, etc).
Peerless Project
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​The Peerless Property, covering approximately 5,500 hectares, is located in the Bridge River Mining Camp of British Columbia.
•Located in historic Gold Camp that produced over 4 million ounces of gold
•Peerless is in similar geological and structural terrain as adjacent historic gold mines
•Large land package, year-round access
•Previous drilling intercepted high-grade gold that remains open in all directions
•Gold mineralization with associated silver along ultramafic/metasedimentary contact
•Base metal mineralization also present
•Two distinct gold-silver ratios suggest structural intersections control mineralization
•Ready for drill testing. Planned late summer-fall drilling campaign
Muskox Reef Project
The 100 % owned Muskox PGE (Platinum Group Elements)-Chromite Reef claim (the “Muskox Reef Project”). BMV has an exploration agreement, C062-21-001, with Nunavut Tunnigavik Incorporated to conduct mineral exploration on Inuit owned lands announced October 06, 2022. Company geologists are now preparing to commence field work on the 10,433 hectare Muskox Reef Project which lies north of the McGregor/Speers Lake claims and 80 kilometers (“km”) south of the village of Kugluktuk.
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McGregor Lake Project
OPTIONED TO SPC NICKEL CORP
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The McGregor Lake Project consists of 11 mineral claims covering approximately 13,125 Ha covering the southern exposure of the Proterozoic, Layered Muskox Ultramafic Intrusive (LMUI) in western Nunavut. The LMUI outcrops over 80 kilometres along strike and could be one of the largest layered, ultramafic complexes in the world based on regional airborne surveys. The region has received only sporadic, systematic exploration since its first discovery and exploration by Inco in the late 1950’s. Additional systematic exploration was not conducted again until the 1980’s and in 1999 to 2007. Several geochemical, geophysical, geological mapping and limited diamond drilling has been undertaken on the property. These studies have been able to define at least two sulphide pulses associated with the emplacement of the LMUI. These pulses both contain high nickel and copper concentrations with associated precious metals.
Speers Lake Project
OPTIONED TO SPC NICKEL CORP
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The Speers Lake Project covers known Copper, Nickel, Palladium, Platinum and Gold mineralization within or along the contact of the Proterozoic Layered Muskox Ultramafic Intrusive (LMUI) in western Nunavut. The region has received only sporadic, systematic exploration since its first discovery and exploration by Inco in the late 1950’s. Additional systematic exploration was not conducted again until the 1980’s and in 1999 to 2007. Several geochemical, geophysical, geological mapping and limited diamond drilling had been undertaken on the property with these studies being able to define at least two sulphide pulses associated with the emplacement of the LMUI. These pulses both contain high nickel and copper concentrations with associated precious metals. Listed below are some of the more significant precious and base metal assay results from historical geochemical rock sampling and diamond drilling.
Gela Lake Project
The Gela Lake Project is an early stage – greenfield mining exploration project, close to tide water with the potential to host a large bulk tonnage Co/Ni/Cu deposit. Known high grade copper mineralization in quartz veins with associated cobalt blooms occurs within a monzogabbro intrusive. The intrusive is known to outcrop over a two kilometre strike length along the regional Bathurst Inlet Fault. Previous work (1975) indicated a strong correlation between nickel and cobalt.
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McAvoy Lake Project
The McAvoy Lake Project is a greenfields, lode gold exploration play hosted in Archean Terrain.The 4 kilometre long, north-south trending, and near vertical dipping zone was discovered and only rock sampled in the 1980’s with grab samples up to 64.0 grams/tonne gold.The mineralized structure hosts felsic dyking and quartz veins with pyrrhotite/pyrite and trace chalcopyrite and arsenopyrite and ranges from 0.2 to 2.5 metre in width. There is no documented systematic exploration or evidence on the surface of any exploration completed for mineral deposits other than channel rock sampling by saw.