Montauban History

The Montauban region has been known for its mining potential since the early 20th Century. Many geological maps of this area have been produced between 1915 and 1939.

The Zinc-Lead deposit was first discovered in 1910 and operated intermittently between 1911 and 1955. The Gold-Silver-Copper mineralization was discovered by drilling in 1952 by Anacon Lead Mines, but due to the price of gold at this time (US$ 35.00 per ounce) the project took many years to become profitable.

At the end of the 70s, SOQUEM and Muscocho Exploration showed their interest for the northern extension of the mineralization due to a potential richness in Gold-Silver-Copper.

In 1975, Muscocho undertook a drilling campaign which leads to the demarcation of a gold anomaly of 770m of length and 2m of height easily recognizable to depths of -80m.

In 1983, Muscocho implanted a leaching plant on the northern area of the site.

In 1985, drilling on the southern area resulted in the beginning of the exploitation of that area. Muscocho ended its operations in 1989.

From 1999 to 2001, Exploration Malartic-Sud, Mirabel Resources and a group of prospectors completed three drilling campaign, partially on the new titles.

Excel Gold claims are partially covering some of the old titles of Anacon Lead and Muscocho Exploration. Two types of deposits are listed in the Montauban area.

The first one, considered to be volcanic hosted massive sulfite (VHMS) contains mineralization in Zinc, Lead, Silver, Copper and Gold.

The second type is considered to be Gold, Silver and Copper with lower values in Zinc and Lead.

Maps