The Adelemont and Norcourt gold occurrences are located along an ESE-WNW major structure developed within the relatively more competent mafic volcanics. Directly on strike, less than one kilometre to the west of the Adelemont zone and just outside the western limit of the Brosnor property, lies the Monique deposit.

Discovery of the Monique gold occurrence is contemporaneous to the Adelemont and Norcourt zones, during the nineteen forties. Not much work was done on that zone until 1983, when Louvem intersected several gold bearing structures. Exploration carried out at the time identified nine different gold bearing structures with sufficient continuity to estimate resources. Some of the structures were identified up to 500 meters deep.

Gold mineralization is associated with quartz veins and stringers filling tension fractures within mafic volcanics and tuffs. Veins horizons display intense alteration and pyritization of the host rock.

Latest exploration work reported by Exploration Monique Inc. in 1989-90 (GM 49924) indicates an unqualified resources of 1 078 000 Mt grading 5,75 g/t Au, and the discovery of two new gold bearing structures. The author did not verify the information reported in that public report and therefore cannot qualify the above historical resource estimate in accordance with NI 43-101.

More information can be obtained by reviewing the 43-101 Technical report prepared in August 2007 by Consultations Géo-logic by clicking here.