background

King Tut Gold Project

The King Tut Gold Property is located in Abitibi greenstones of the Superior Structural Province. Lithologies are Archean. According to M. Hocq, the Property straddles the northeast trending contact between mafic metavolcanics of the Clermont-Disson Group and felsic metavolcanics of the Rivière Octave Group. The claims sit immediately north of the metasediments of the Chicobi Group which has been recognized to be part of an important deformation zone (called Authier Fault by BHP-Utah GM50333 – 1990) and is located south of Perron’s Amex Project near Normetal.

Image

Strategically Positioned

111 claims totalling 4770 hectares, owned 100 % by Greg Exploration Inc.
The Property is located in the Ligneris & Celoron Townships, Québec, 50 km
Northeast of La Sarre and 64 km east of Normetal. Accessible by forestry roads.Property gold discovery history:

King Tut was initially discovered in 1945 and worked by Dome Mines, which conducted a 307-metre diamond drill program that included positive gold grades. The results encouraged Continental Diamond Drilling to conduct a 2896 metre (9500 feet) of diamond drill program the following year. The Property had additional work during the years 1985-90 by Falconbridge & Lac Minerals and had several gold intercepts. A field visit conducted on July,10 2020 confirmed the historical drill hole sites and blasted trenches. Strong iron carbonate alteration and deformation was evident.

King Tut is located in Abitibi Gold Belt, a region of Canada that extends from Wawa, Ontario to Val-d'Or, Quebec (see Map 1). It is an established gold mining district having produced over 100 mines, and 170 million ounces of gold since 1901.2 The property is located North of the Chicobi North Fault zone, a regional structure controlling gold mineralization through extensive shearing and hydrothermal alteration systems. About 65 kilometres westward, the Perron high grade gold deposit is currently being drilled by Amex Exploration (TSXV: AMX) in a similar context (amexexploration.com)

Technical Information

  • Local Geology

    2001 mapping by Globex revealed two significant lithological assemblages in the mapped area: . The west and south section of the grid is mainly underlain by orange-brown to buff weathering felsic volcanic that usually exhibit a pronounced cleavage that is locally expressed as quartz-sericite schist. The felsics are moderately to strongly carbonatized and shows locally and occasionally cross cutting quartz-carbonates stringers; . The north and western parts of the grid mapped are mainly underlain by a grey weathering, massive-looking, medium to coarse grained mafic horizon. The rock unit is locally magnetic, carbonatized and moderately chloritic. A few outcrops show brecciation that could be due to flow top development. . At Property scale, a broad zone (corridor of about 100 metres wide) of alteration occurs at the cont

  • Mineralisation Zone

    A 900 metres long by 15-30 meters wide mineralisation zone is encounter on the Property. Dark tourmaline and fuchsite have been found on the Property.

  • Neighbours

    Vior-Ethos to the east having high grade gold results in drill cores (more than 62 g/t Au over 2.9 metres and more than 13.4 g/t Au over 10.5 metres) IAMGOLD to the west having high grade gold result in drill core (Authier Property – more than 173 g/t Au over 1 meter). Other properties nearby include Amex and Sumitomo.