Mines d'Or Orbec Inc. (TSXV: BLUE) has announced the commencement of its fully funded and permitted inaugural drill program on the Muus Property in Quebec, scheduled to begin June 16, 2025. The property, spanning 25,250 hectares near Chapais, includes the Lac Bernard Sud corridor, strategically located along strike within the same structure as IAMGold's Nelligan gold project (3.1M oz Indicated at 0.95 g/t Au, 5.2M oz Inferred at 0.96 g/t Au). Phase One will include 2,000 metres of diamond drilling, targeting intersections of the Guercheville and FanCamp Deformation Zones. The company has identified promising gold-in-till anomalies with values exceeding 0.5 g/t Au, suggesting proximal bedrock sources. Initial assay results are expected between mid to late August 2025.
Mines d'Or Orbec Inc. (TSXV: BLUE) ha annunciato l'inizio del suo primo programma di perforazione completamente finanziato e autorizzato sulla proprietà Muus in Quebec, previsto per il 16 giugno 2025. La proprietà, che si estende su 25.250 ettari vicino a Chapais, include il corridoio Lac Bernard Sud, situato strategicamente lungo la stessa struttura del progetto aurifero Nelligan di IAMGold (3,1 milioni di once indicate a 0,95 g/t Au, 5,2 milioni di once inferite a 0,96 g/t Au). La Fase Uno prevede 2.000 metri di perforazioni diamantate, con l'obiettivo di intercettare le zone di deformazione Guercheville e FanCamp. La società ha identificato promettenti anomalie di oro nel till con valori superiori a 0,5 g/t Au, suggerendo la presenza di sorgenti rocciose prossimali. I primi risultati delle analisi sono attesi tra metà e fine agosto 2025.
Mines d'Or Orbec Inc. (TSXV: BLUE) ha anunciado el inicio de su programa inaugural de perforación totalmente financiado y autorizado en la propiedad Muus en Quebec, programado para comenzar el 16 de junio de 2025. La propiedad, que abarca 25,250 hectáreas cerca de Chapais, incluye el corredor Lac Bernard Sud, ubicado estratégicamente a lo largo de la misma estructura que el proyecto aurífero Nelligan de IAMGold (3.1 millones de onzas indicadas a 0.95 g/t Au, 5.2 millones de onzas inferidas a 0.96 g/t Au). La Fase Uno incluirá 2,000 metros de perforación diamantina, enfocándose en las intersecciones de las Zonas de Deformación Guercheville y FanCamp. La compañía ha identificado prometedoras anomalías de oro en till con valores superiores a 0.5 g/t Au, lo que sugiere fuentes de roca madre proximales. Se esperan los primeros resultados de los ensayos entre mediados y finales de agosto de 2025.
Mines d'Or Orbec Inc. (TSXV: BLUE)는 2025년 6월 16일 시작 예정인 퀘벡 Muus 부지에서 완전 자금 지원 및 허가를 받은 첫 시추 프로그램 개시를 발표했습니다. Chapais 인근 25,250헥타르에 걸친 이 부지는 IAMGold의 Nelligan 금 프로젝트(3.1백만 온스 확인 매장량, 0.95 g/t Au, 5.2백만 온스 추정 매장량, 0.96 g/t Au)와 동일 구조 내에 전략적으로 위치한 Lac Bernard Sud 회랑을 포함합니다. 1단계에서는 Guercheville 및 FanCamp 변형대 교차점을 목표로 2,000미터의 다이아몬드 시추가 진행됩니다. 회사는 0.5 g/t Au를 초과하는 금-틸 이상 현상을 확인하여 근처 암석원 가능성을 시사합니다. 초기 분석 결과는 2025년 8월 중순에서 말 사이에 발표될 예정입니다.
Mines d'Or Orbec Inc. (TSXV : BLUE) a annoncé le lancement de son programme inaugural de forage entièrement financé et autorisé sur la propriété Muus au Québec, prévu pour le 16 juin 2025. La propriété, qui s'étend sur 25 250 hectares près de Chapais, comprend le corridor Lac Bernard Sud, situé stratégiquement le long de la même structure que le projet aurifère Nelligan d'IAMGold (3,1 millions d'onces indiquées à 0,95 g/t Au, 5,2 millions d'onces présumées à 0,96 g/t Au). La première phase comprendra 2 000 mètres de forage diamanté, ciblant les intersections des zones de déformation Guercheville et FanCamp. La société a identifié des anomalies prometteuses d'or dans le till avec des valeurs supérieures à 0,5 g/t Au, suggérant des sources rocheuses proches. Les premiers résultats d'analyse sont attendus entre la mi et la fin août 2025.
Mines d'Or Orbec Inc. (TSXV: BLUE) hat den Beginn seines vollständig finanzierten und genehmigten ersten Bohrprogramms auf dem Muus-Grundstück in Quebec bekannt gegeben, das am 16. Juni 2025 starten soll. Das Grundstück erstreckt sich über 25.250 Hektar in der Nähe von Chapais und umfasst den Lac Bernard Sud-Korridor, der strategisch entlang derselben Struktur wie das Nelligan-Goldprojekt von IAMGold liegt (3,1 Mio. Unzen Indiziert bei 0,95 g/t Au, 5,2 Mio. Unzen Inferred bei 0,96 g/t Au). Phase Eins wird 2.000 Meter Diamantbohrungen umfassen, die auf die Schnittpunkte der Guercheville- und FanCamp-Deformationszonen abzielen. Das Unternehmen hat vielversprechende Gold-in-Till-Anomalien mit Werten über 0,5 g/t Au identifiziert, was auf nahegelegene Gesteinsquellen hindeutet. Erste Analyseergebnisse werden zwischen Mitte und Ende August 2025 erwartet.
Positive
Fully funded and permitted drill program ready to commence
Strategic location along strike with IAMGold's Nelligan project (8.3M oz Au total resource)
Company is financially prepared for a two-phase drill program
Negative
None.
Chibougamau, Quebec--(Newsfile Corp. - June 5, 2025) - Mines d'Or Orbec Inc. (TSXV: BLUE) ("Orbec" or the "Company"), a Quebec-based gold exploration company, is pleased to announce that its fully funded and fully permitted inaugural drill program on the Muus Property is scheduled to commence on June 16, 2025.
The Muus Property is located approximately 30 kilometers south of Chapais, Quebec, and comprises approximately 25,250 hectares. The property includes the highly prospective Lac Bernard Sud corridor. This corridor is strategically situated along strike and within the same structure as IAMGold Corporation's Nelligan gold project containing 3.1 million ounces of gold Indicated at a grade of 0.95 grams per tonne Au (g/t) plus 5.2 million ounces of gold Inferred at a grade of 0.96 g/t Au1. Orbec's upcoming drill campaign will focus on key structural intersections within this corridor believed to be highly conducive to gold mineralization. These structural intersections were identified by the recently completed high-definition magnetics geophysical survey.
Exploration Highlights:
Drill program commencement: June 16, 2025, targeting the intersection of the Guercheville Deformation Zone-host to the Nelligan Discovery-and the FanCamp Deformation Zone;
Phase One will comprise approximately 2,000 metres of diamond drilling, supported by detailed structural interpretation, historical data integration, and recent geophysical surveys;
Gold-in-till anomalies include pristine, non-transported grains with values exceeding 0.5 g/t Au, suggesting a proximal bedrock source aligned with key deformation corridors;
The Company is fully financed for a two-phase drill program and is actively assessing additional high-priority targets for follow-up.
"This is a transformative moment for Orbec and our shareholders," said John Tait, Chief Executive Officer of Orbec. "With full funding secured and permits in place, we're mobilizing to initiate our first-ever drill program at Lac Bernard Sud-an asset we believe has the potential to become a major new gold discovery. Located along strike from a multi-million-ounce gold deposit, this program represents a key inflection point in our growth strategy and a significant opportunity to generate long-term value for our shareholders through discovery-driven upside." Initial assay results are expected to be released between mid to late August 2025.
QUALIFIED PERSON Technical information in this news release has been approved by Dorian L. (Dusty) Nicol (OGQ, PG, FAusIMM), technical adviser to the Company, who is a Qualified Person (QP) for the purpose of National Instrument 43-101.
About Orbec
Orbec is a gold company that owns 100% of a large and highly prospective mineral claim position near Chibougamau, Québec. The Muus Project covers approximately 25,250 hectares in the northeastern part of the Abitibi Greenstone Belt. Muus is prospective for gold mineralisation and is adjacent to and on strike with IAMGOLD's 8.3 million oz Nelligan Gold Project. Orbec has announced that exploration of the Muus Gold Project will advance in technical collaboration with IAMGOLD, which owns approximately 8.3% of the Company.
For further information, please contact: Catherine Ryder VP, Corporate Development cryder@orbec.ca www.orbec.ca
1"NI 43-101 Technical Report on the Nelligan Gold Project, Québec", 2025, prepared by SRK Consulting (Canada) Inc. Resource estimates from neighboring properties do not necessarily apply to the current project.
An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, to receive support.
