HBME / MIE Metals Corporation Joint Venture

The Joint Venture consists of 29 mineral claims and one mining lease distributed in three blocks of contiguous claims. Two blocks are located to the north of the Coppermine Property, and one block is to the east the Coppermine Property. MIE Metals Corporation is operator of the claims forming the block situated to the east of the Coppermine Property, and HBME is operator of the claims covered by the other two blocks.

Geology
The claims forming the Joint Venture Property are located in the northern part of the Early Proterozoic Wopmay Orogen, where it is overlain by Middle Proterozoic sedimentary rocks of the Hornby Bay Basin. The two blocks of claims for which HBME is operator are underlain by the following formations of the Dismal Lakes Group: LeRoux formation (basal clastic unit); Fort Confidence formation (sandy shale); Dease Lake formation (dolostone intercalated with mudstone); Kendall River formation (dolostone); Sulky formation (dololutite and dolostone). The block of claims to the east the Coppermine Property is underlain by several outliers (in part fault-bounded) of Hornby Bay Group sandstone and highly fractured and faulted basement units of the Hepburn Metamorphic-Plutonic Belt, as well as units of the Asiak Fold and Thrust belt. This area hosts several historic uranium occurrences.

Airborne geophysics
Airborne surveys were conducted in 2006 (GEOTEM electromagnetic and magnetic survey over the claims adjoining to the north the Coppermine Property) and 2008 (detailed magnetic and gamma ray survey covering all the Joint Venture Property). (click to download pdf)

Ground geophysics
HBME conducted two time-domain electromagnetic – magnetic surveys as ground follow up of GEOTEM conductors. MIE Metals Corporation completed a gravity survey in the eastern block of claims.

Drilling
One drill hole with a length of 266 m was drilled by MIE Metals Corporation in the eastern block of claims to test a historical radon anomaly. A 0.8 m interval with radioactivity up to 3200 cps was intersected in graphitic basement rocks. (click here to download pdf)