4,965.62 ha at the eastern end of the Urban-Barry gold camp.

Structure first.

The Fecteau Property lies in Buteux Township, in the Eeyou Istchee Baie-James territory of Quebec, about 120 km south of Chapais (NTS 32G03). It sits at the eastern end of the Urban-Barry gold camp: the Windfall deposit lies 25–30 km to the west, and the Barry and Gladiator deposits lie to the southwest and west.

The Urban-Barry belt forms part of the wider Abitibi Greenstone Belt, which has produced over 190 million ounces of gold¹ since mining began in 1901.

Year-round access is by the Chapais–Barrette Sud (R1009) gravel logging road, which leaves Highway 113 east of Chapais and crosses the centre of the property; secondary logging roads reach most of the claim block. Relief is low, at about 400–475 m above sea level, with extensive swamp and glacial cover, so the low-lying areas are drilled in winter.

The 91 claims are on Category III lands, which are subject to First Nations hunting and trapping rights.

1. Visual Capitalist — The History of the Abitibi Gold Belt

A tight syncline in the belt’s oldest block.

The property overlies the southeastern Urban-Barry Greenstone Belt, a belt about 135 km long and 4–20 km wide in the Abitibi Subprovince of the Superior Province. The southern half of the belt is divided into three fault-bounded blocks; Fecteau lies in the southernmost and oldest, underlain by the Fecteau Formation (about 2,791 Ma).

Most of the property is massive, pillowed and brecciated tholeiitic basalt and basaltic andesite, with gabbro sills, intermediate tuffs and felsic tuffs and rhyolite. An east–west felsic-to-intermediate volcanic sequence runs most of the length of the property. Thin graphitic mudstone and chert horizons within it carry pyrrhotite-pyrite lenses, which explain most of the EM and IP conductors on the property.

The structure is dominated by the Lac Fecteau Syncline, a tight fold in the west of the property that plunges east-southeast. East–west shear zones cut it, as do late NNE-trending faults related to the Grenville Front. The most important of these, the La Concession Fault, separates greenschist-facies rocks to the west from amphibolite-facies rocks to the east.

Two programs, four target areas in 2026.

2026 program

Fourteen NQ holes totalling 2,616 m (FEC-26-018 to -031) were drilled between March and May 2026 by Multi Drilling. Technominex of Rouyn-Noranda supervised the drilling and logged and sampled the core. Core was assayed for gold by fire assay at AGAT Laboratories; copper assays on the sulphide intervals are pending.

• North Central / EM conductor (FEC-26-018 to -020): Northern VTEM conductors east of SOQUEM holes 88-21 and 88-22.
• Fecteau Est / syncline hinge (FEC-26-021, -022, -027 to -029): Structures west of the Lac Fecteau-Est showing and the syncline closure, drilled as -45°/-65° scissor pairs.
• SW / syncline southern limb (FEC-26-023 to -026): The southern limb of the syncline at the main reverse fault and lithological contacts.
• Buteux-Marceau (FEC-26-030, -031): The Buteux-Marceau gold showing.

The best results came from the southwest target on the syncline’s southern limb: 7.44 g/t Au over 1.5 m, including 11.0 g/t Au over 0.85 m, in FEC-26-026, and 5.16 g/t Au over 0.63 m in FEC-26-024.

2022–23 program

Fifteen holes totalling 5,833 m were drilled with two rigs between December 2022 and January 2023, testing targets generated by Opus One: three till/IP targets, two EM targets, the Lac Fecteau-Est gold showing and the eastern extension of the Porphyre gold showing.

Most of the VMS-style EM and IP targets were explained by semi-massive to massive pyrrhotite exhalite at or near felsic–mafic contacts. Base-metal values were anomalous but sub-economic; the best was at Lac Fecteau Nord-Est in FEC-22-09. At Lac Fecteau-Est, the gold targets returned isolated high values, including 14.91 g/t Au over 1.0 m in FEC-22-05. At Porphyre, FEC-22-14 intersected the shear zone again; it is regarded as the most traceable gold structure on the property.

Earlier work

Several smaller campaigns were drilled on the property between 1977 and 2018.

1. 1977–78Shell
2. 1987–88SOQUEM
3. 1998Noranda
4. 2008Vior
5. 2012Hinterland
6. 2013Globex
7. 2018Opus One
8. 2022–23The Company, as Clarity Metals: 15 holes, 5,833 m
9. 2026The Company, as Clarity Metals: 14 holes, 2,616 m