The Nictaux Gold Property, located in western Nova Scotia is a vein-type, fault hosted Gold and Cobalt target. Previous exploration established that fault/shear zones along the granitoid -- sediment contact contained gold, Cobalt and Arsenic mineralization and extended 300-500 meters into the sediments. One -- 2 meter wide zone contained abundant irregular sulphide bearing quartz veins. Twelve samples from a 25 cm vein returned gold values ranging from 0.12 to 0.32 oz/ton, including one sample that contained 2.2 oz/ton gold, 0.4 to 2.2% Cobalt and 3.6 to 10% Arsenic . This vein strikes into a major fault zone mapped 1 km to the east. A recent IP survey has identified a significant chargeability anomaly (approximately 250 meters below this fault) which extends approximately 400 meters to the NE where it remains open with high grade samples, a significant 'open' IP anomaly, extensive faulting, and a favourable sedimentary/granitic contact.
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