Mineral exploration: at the foundation of modern societies

Threegold Resources distinguishes itself by applying innovative exploration concepts to discover traditional metals.

Threegold Resources is among the most recent junior mineral exploration companies to have emerged on the Québec scene.

Our mission is to develop the mineral potential of the Lemieux Dome project (copper, zinc, lead and silver), as well as the Adanac (gold) and Mercier (copper and rare earth element) projects.

Threegold Resources boasts a team of experienced exploration professionals with an eye on the future.

2009 in brief

Threegold has remained active throughout 2009 despite the current challenging economic situation.

After two years of extensive exploration on the 150-km² Lemieux Dome property, Threegold is carrying out a multi-disciplinary study involving geoscientists from the fields of geology, geochemistry, geophysics, thermodynamics and remote sensing. The study will provide a comprehensive data compilation that will assist in locating the core of the mineralization.

Threegold also launched its first diamond drilling program on the Adanac gold project based on the results from the fieldwork performed during the past three years. And lastly, with the recent discovery of REE on the Mercier project, the company is currently re-evaluating the project for its “green energy” potential.

Our PROJECTS

Lemieux Dome Project

The Lemieux Dome Project, which comprises the contiguous Vital, Gasse-Lemieux, Cascapedia and Appalaches Option properties (total of 150 km²), covers a strongly mineralized large-scale geological structure. Preliminary work carried out in 2006 to improve access to the property resulted in the discovery of a number of previously unknown copper-silver and zinc-lead-silver showings in the lesser explored areas of the property.

$1.5M in exploration work for 2008 included 10,000 metres of drilling, sampling, prospecting, stripping, trenching and geology.

Mercier Project

The Mercier Project covers an alkaline intrusive trending northeast and measuring approximately 6 kilometres long by 2 to 3 kilometres wide. The property comprises 61 designated cells covering some 3,865 ha located 130 km east of Senneterre in NTS map sheets 32B11 and 32B12. The alkaline intrusive had previously been drilled in 1974 by Rio Tinto Canadian Exploration Ltd. Only 1 of the 3 drill holes was assayed for copper, and grades up to 0.6% Cu over 1.5 metres were reported.

Threegold carried out a diamond drilling program on Mercier to test the MMI soil anomalies in early 2008. Results were announced on August 6, 2009 with Rare Earth Element mineralization reported over considerable widths and grades.

Adanac Property

The Adanac Gold Property is located in the heart of the Abitibi on a splay of the Cadillac-Larder Lake fault. The property comprises 51 claims covering 1,740 ha. Three small-scale production shafts for gold are present on the property. Threegold completed a property scale MMI survey and an airborne magnetic-electromagnetic survey in 200X, and hired MRB & Associates to complete a digital database of the property in 2008. The compilation was structured around a 3D geological model based on previous exploration and mineral production.

Threegold has used the recommendations of this study to advance exploration on the project and prepare target generation for the ongoing drilling program.