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Globex Properties

Hunters Point - Uranium, Gold, REE Showings
Atwater, Booth, McLachlin & Pommeroy townships, Quebec (NTS 31L/15 & 31M/02)

Map updated September 2015

Hunters point claim map september 2015

Property
The Hunters Point property consists of 26 claims totalling approximately 1,524 hectares spread across Atwater, Booth,  McLachlin and Pommeroy townships, Quebec.  This includes the showings below

Hunter’s Point

Au-U

Atwater Township

Grindstone Lake East Showing

U-Ag

Booth Township

Grindstone Lake West Showing

U

Booth Township

Pants Lake Showing

REE

McLachlin Township

Coconut Club Showing

REE

McLachlin Township

Ownership
Globex owns 100% interest in the property

Access
The claims may be reached by road from the town of Bearn or from the town of Kipawa to the west.  Alternatively the property is accessible by float plane from Kipawa.

History
The original showing was discovered in 1957 by Garfield Jones of Kipawa who subsequently optioned the ground to Belleterre Quebec Mines Limited.  Belleterre Quebec Mines Limited initially drill 12 short holes in the showing area and drove a tunnel into the showing going southward at an angle of 25 degrees for a length of seventy-five feet.  Subsequently, a second discovery was made southwest of the original showing.  This led to a total of 12,062 feet of shallow drilling as well as some stripping and surface sampling being undertaken on both showing areas and the enveloping band of quartzite.

In 1967, Multi Minerals Limited acquired the property and drilled 17 holes totalling 5,043 feet principally in the main showing and southwest showing area.  In 1969, Gunnar Mining Ltd., engaged Canadian Aero-Mineral Surveys to fly an airborne Gamma Ray Spectrometer survey over a wide belt of rocks including the showing area.  The Hunters Point showing was recorded as a strong anomaly.  Many other anomalous conditions were also located.

In 1980, the area was staked by Géoconseils Jack Stoch Ltée., which optioned the property to Canadian Occidental Petroleum Limited.  Occidental flew an airborne spectrometer survey over the claim area as well as the strike extension of the gold-uranium bearing quartzite.  Subsequently, they performed mapping and humus and rock geochemistry on the claim group along with limited scintillometer work.  No follow-up diamond drilling was performed.

Globex acquired the property in 2005 and subsequently optioned it to Noront in 2006.  An airborne radiometric and magnetometer survey was completed in 2006 by GPR International.  This airborne survey was followed up by InnovExplo who carried out a geology, scintillometer and Beep Mat survey on behalf of Noront in 2007.  This work lead to the discovery of the Coconut Club showing, a uranium-thorium and rare earth element (lanthanum and cerium) showing located on the Main Hunter’s Point property. Noront dropped its option later that year.

In 2008 Globex carried out a drilling program on the Coconut Club showing totaling 254 meters.  This program failed to intersect the values reported at surface. 

Hunters Point PropertyGeology

General Geology
The property falls within Precambrian Grenville type rocks consisting of formations of parageneiss, quartzite, granite gneiss and garnet gneiss.  The property in a regional sense is on the western outer edge of a large basinal structure which forms a synclinorium.

Local Geology
The main showing and south showing are confined to a band of normally pale grey sericitic quartzite which has an average width of 200 feet but which widens to the northeast (up to 300 feet).  Sericite makes up from 5 to 25 percent of the rock unit.  The quartzite is sandwiched between biotite and hornblende paragneisses.

Rock units in the showing area strike roughly N45E and dip southeast at from 55 to 80 degrees.  Vertical joints striking N45 to 55"W are common.

Economic Geology
Six showings occur on the hunter’s Point property, including uranium-gold and REE showings.

Hunter’s Point
The Hunter’s Point showing is divided into three areas: Hunter’s point North, Main and South.  All three areas consist of massive quartzite hosted Au-U mineralization.  The mineralization is mainly constrained to fractured and schistose zones, no more than a few metres thick.  The showings line up NE-SW in accord with the regional structural trend.

High uranium oxide and gold values were obtained in the Main showing area.  The uranium occurs in the following forms - pichblende, uranophane, soddyite and cupriferous sklowdowskite.  Significant gold assays are recorded but no free gold was observed nor is there any indication of its origin or form. 

Values of lead, silver and minor copper are noted and a sulphide assemblage of pyrite, chalcopyrite, pyrrhotite, bornite, covellite, galena and tetrahedrite was described in one of the samples.

Two grab samples from the mineralized zone returned the following:

 

 

SAMPLE 1

SAMPLE 2

U3O8

7.7%

3.5%

Gold (oz/T)

0.70

0.17

Silver(oz/T)

0.22

0.67

Lead

0.83%

0.37%

Copper

0.01%

0.01%

At the main showing, uranium values seem to be confined principally along beds of biotite-garnet schist within the quartzite.  Three such beds were located in the main showing area with garnets attaining dimensions of up to 2 inches.

The main showing was channel sampled principally within the adit and assayed 1.14% U3O8 and 0.294 oz/ton Au over a strike length of 75 feet and an average width of one foot or 0.775% U3O8 and 0.212 oz/ton Au over a strike length of 120 feet and an average width of one foot. 

Other showings within the main showing area are indicated particularly over the 1,000 foot strike length to the northeast where outcrop is exposed.

In the south showing area, radioactivity was located over a strike length of 2,000 feet over varying widths (up to 11 feet) on an extension of the quartzite band southwestward from the main showing.  Values were found to generally correspond with red mica quartzite in the vicinity of garnet gneiss.  Yellow staining is visible.  Grab samples assayed 0.54% and 0.15% U3O8 .                   

Grab samples taken by various parties during 1981 returned the following assays:

 

Au oz/ton

U3O8 %

Main Showing

0.048

1.54

0.61

2.27

1.12

3.51

0.05

0.075

North Showing

(500'N of Main Showing)

0.030

0.95

0.065

1.40

0.349

0.078

0.481

4.95

In August 2010, Globex drilled a 216 m hole to test the down deep extension of the Hunter’s Point showing.  The best result was 9.50 ppm U over 1.18 m.

Coconut Club
The Coconut Club showing is a quartzo-feldspathic gneiss hosted REE showing intruded by pegmatitic mobiliza.  InnovExplo reported the following surface samples as part of their 2007 program:

589125

864 ppm U

7.94 g/t Au

>500 ppm Y

>10,500ppm REE (La+Ce)

589189

651 ppm U

6,210 ppm Th

>500 ppm Y

>10,500ppm REE (La+Ce)

589190

651 ppm U

4,000 ppm Th

>500 ppm Y

>10,500ppm REE (La+Ce)

Allou and Carrier, 2008

In 2008, Globex drilled 6 shallow holes totalling 624 m on the Coconut Club showing, as a follow up to InnovExplo’s work in 2007, the drilling intersected up to 1,170 ppm La and 2,390 ppm Ce over 0.9 m.

In August 2010, Globex drilled an additional 300 m hole to the north of this showing and intersected 10.40 ppm U and 1,623 ppm Zr over 1.5 m.

Pants Lake
Pants Lake is an amphibolites hosted Ce-La showing.  A north-south spectrometric uranium anomaly connecting the Coconut Club and Snake showing (owned by Aurizon) seems to terminate at Pants Lake. 

In August 2010, Globex drilled a 300 m hole targeting the southern tip of the Pants Lake showing and intersected 10.2 ppm U and 607 ppm Zr over 1.5 m 

Grindstone East
The area mainly consists of rusty red paragneiss with local garnets and bands of quartzite with pegmatitic patches.  Shearing seems to be the main structural feature and gneisocity is consistently shallow.  Readings of up to 4,000 cps were observed in the field and historical work outlined 0.10% U3O8 and 0.532 oz/ton Ag over 5.5 m in a quartzite (Allou and Carrier, 2007).

In August 2010 Globex drilled one 300 m hole on a coincident spectrometric uranium high and magnetic anomaly, intersecting 57.9 ppm U over 0.7 m.  Interestingly this hole also intersected a 137.62 m mineralized zone from 65.68-203.30 m with 2-10% disseminated pyrite largely coinciding with a silica flood zone from 65.68-175.25 m.  The zone was sampled for Au and Ag but did not return any significant value.   

Grindstone West
The Grindstone West showing consists of two historical soil anomalies that were drilled with the best result being 1.1 lbs U3O8 over 3.0 ft, including 2.5 lbs over 1 ft, in a quartzite with red hematite staining.

Outcrop on the property consists of granitic gneiss strata is oriented NW and dips at 45 degrees.

Lac des Loups
According to historical records the Lac des Loups U showing consists of a radioactive syenite outcrop occurring on the south shore of Loup Lake (Rive, 1973). 

Recent Work
Five high grade surface samples taken at the Coconut Club showing by InnovExplo assayed up to 7.10% La and 13.40% Ce, with the average total Light Rare Earths content of the five samples being 15.33% (see Globex press release dated March 4th, 2010 for full details).

Most recently, in 2010, Globex carried out a property wide prospection and diamond drilling campaign, ground magnetometer and scintillometer surveys on the Turner Falls and Lac des Loups showings, and mapping and prospecting of the Turner Falls showing. While the last results are still pending, the program yielded some very interesting results, especially with respect to the Turner Falls showing.  The drill program yielded the following results:

Hole

Proximity to 
known showing

From

To

Core Length

Zr (ppm)

Th (ppm)

U (ppm)

HP-10-07

None

106,9

107,4

0,5

84

13,5

31,3

HP-10-07

None

132,4

133,2

0,8

126

24,2

31,8

HP-10-08

Coconut Club

12

13,5

1,5

1623

13,8

10,4

HP-10-09

Pants Lake

189

190,5

1,5

607

19,6

10,2

HP-10-10

Grindstone East

87,65

88,35

0,7

125

26,5

57,9

HP-10-11

Hunter's Point

10,17

11,35

1,18

281

15,2

9,5

HP-10-12

None

48

60

12

112,75

28,27

14,68

HP-10-12

None

69,58

74

4,42

114,67

26,66

12,86

HP-10-12

None

84,3

88,5

4,2

267,64

14,05

14,35

HP-10-12

None

144,05

148,2

4,16

159,38

37,03

10,75

HP-10-12

None

283,5

286,5

3

332

35,3

13,5

 

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Press releases related to this property

March 4, 2010
Globex Reports High Rare Earth Assays
(English)

July 13, 2009
Shareholders' Update
(English) | (Deutsch) | (Français) |

June 19, 2008
Uranium, Gold and Rare Earths discovered on Globex’s Hunters Point property and nearby claims
(English) | (Deutsch) | (Français) |

November 21, 2007
Globex update on activities
(English) | (Français) |

January 11, 2007
Uranium Exploration and Options to Proceed
(English) | (Français) |

October 23, 2006
Work Progresses on Uranium-Gold Project
(English) | (Français) |

September 18, 2006
Positive Gold Results in Globex-Noront, Hunters Point, Gold-Uranium Project Area
(English) | (Français) |

June 28, 2006
Shareholder Update - June 28, 2006
(English)

June 26, 2006
Globex Options Uranium-Gold properties to Noront Resources Ltd.
(English) | (Français) |

February 21, 2005
Globex Uranium - Gold Acquisitions
(English) | (Français) |

May 12, 2004
Three New Properties Added to Portfolio
(English) | (Français) |


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