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Exploration Properties

Location Map Mar 2010
Focused on Gold Exploration in Canada
Jiminex Inc. is focused on gold exploration in Canada, which is a country having the best geoscience database and the highest security of land ownership in the world.  In addition to exploring the Northern Eagle using both traditional and new innovative techniques, our experienced management team will be looking for other high quality gold projects in Ontario, Quebec and other regions of Canada.

The company's current emphasis is on drilling at the Northern Eagle property, Hemlo, Ontario and the Parres-Parres Two properties, Snow Lake, Manitoba.  Drilling is expected to begin soon at the Misehkow River property, Pickle Lake region, Ontario. Jiminex is currently well-financed for planned upcoming exploration on all three properties.

Northern Eagle Gold Property,

Hemlo Gold Area, Ontario
Summary:
The 44 square kilometre Northern Eagle Gold Property is situated in the well-known Hemlo gold mining camp located in Northwestern Ontario, Canada. The property is only 15 kilometres west of the world class 21,000,000 mega-ounce Hemlo gold deposit currently being mined by Barrick Gold Corporation. Infrastructure is excellent for exploration and gold mining operations.

The Northern Eagle geology is highly similar to that occuring at the Hemlo gold deposit and represents the best target area for the discovery of another Hemlo-style mega-ounce gold deposit. Northern Eagle is essentially untested by diamond drilling to Hemlo gold deposit depths; 90% of the Hemlo deposit occurs below 500 metres depth.

In March of 2010, Caracle Creek International Consulting Inc. completed a Gocad® computer geotechnical data model for the Northern Eagle gold property. Jiminex has used this model to plan target areas for deep-penetrating ground geophysical surveys and will be using it to plan a subsequent deep diamond drilling program. The deep-penetrating geophysical program , the Titam 24 system of Quantec Geoscience Ltd., Toronto, Ontario  was completed in August 2010 and the results received in September.  Quantec recommends 15 holes totalling 8,890 metres to test target zones never before drilled. A diamond drilling program began November 7, 2010.

(Click Here for more details for Northern Eagle Gold Property.......)

Parres and Parres Two Properties,

Snow Lake Mining Camp, Manitoba
Summary:


The  55 square kilometre Parres Properties cover, in part, about 4 kilometres of favorable copper-zinc-gold-silver massive sulphide and gold mine rock stratigraphy located between the past-producing Stall and Rod Mines to the west and the Osborne Mine to the east.

The newly discovered Lalor Lake copper-zinc-gold-silver volcanic massive sulphide deposit is located about 20 kilometres to the southwest hosted in rocks similar to those occurring on the Parres Properties The past-producing Britannia Gold Mine (formerly the Nor-Acme Gold Mine) is located about 15 km southwest in a similar geological environment to that occurring on the Parres Properties.
In early October 2009 HudBay reported indicated and inferred resources for the Lalor deposit which have a combined total of approximately 17.3 million tonnes grading roughly 9% zinc and 0.6% copper. HudBay have also reported associated gold zones and a higher grade copper-gold zone (13.35 g/t gold, 5.33% copper and 0.35% zinc over 34.5 metres at a depth of about 1275 metres) making Lalor Lake possibly also a gold discovery as well. Additionally, HudBay plans to immediately begin a $85 million production ramp from their Chisel Lake North mine to the Lalor deposit. Nine past-producing HudBay mines in the immediate Snow Lake region have had past production and resources totalling roughly 25 million tonnes with grades ranging from 0.1 to 10.9% zinc and 0.2 to 6.4% copper. HudBay reports five diamond drills working on Lalor suggesting that this deposit may eventually exceed the production and reserve tonnage total of all the local base metal mines discovered and operated since the early 1950’s. In December 2009 and February 2010, HudBay Minerals reported favourable results on their continuing exploration of the new deep copper-gold zone discovered in September 2009.
The Lalor Lake deposit is a significant deep discovery with the mineralization being located deeper than 800 metres below the surface. The Parres Property was extensively explored from 1960’s to 1980’s by ground geophysical surveys, geological mapping and by diamond drilling. Most of this geophysical surveying didn’t test below about 200 metres of depth and all of the historical drilling didn’t test below 100 metres of depth from the surface. Therefore, the Parres Property is essentially untested below 100 metres of depth, and is highly prospective below this depth, for Lalor and other similar massive sulfide copper-zinc deposits (Chisel, Anderson, Stall-Rod, Osborne Mines etc.) and for Lalor Lake deposit and Britannia Mine-types of gold mineralization.

In February 2010, the Parres and Parres Two properties were flown with a mega versatile time domain electromagnetic (Mega VTEM35) and high sensitivity cesium magnetic, state-of-the-art airborne geophysical system which can detect conductive geological zones such as copper-zinc sulfide mineralized rock to depths of 500 to 600 metres, or even deeper depending on the geological characteristics of the survey region. The airborne survey data has been interpreted by the company’s geophysical consultants, Condor Consulting Inc., Lakeview, Colorado, and 12 diamond drill holes totalling 2,200 metres are recommended. Diamond drilling began October 17, 2010.

Click here for a Regional Geology and Location Map of the Parres and Parres Two Properties Feb. 25, 2010

 

Misehkow River Gold Property

Pickle Lake Gold Area, Ontario
Summary:

The Misehkow River Gold Property is located in the famed Pickle Lake gold region of Northwestern Ontario, Canada near to the Pickle Crow Project of PC Gold Inc. The Misehkow River property consists of two closely spaced claim blocks.  The west block consists of 47 claims covering an area of 7.5 square kilometres and the east block consists of 213 claims with an area of 34.1 square kilometres.  A total of 22.5 kilometres of under-explored iron formation occur on the claim blocks. Iron formation is favourable for gold mineralization in the Pickle Lake and Musselwhite gold mining camps where approximately 7 million ounces of gold has been produced.

(Click Here to view the Location & Regional Geology Map of the Misehkow River Gold Property)

The Misehkow River Gold Property is located in the Uchi geological sub-Province, Superior Province of the Canadian Shield. In the Pickle Lake mining camp, located 55 km to the northwest, three mines have produced 2.5 million ounces of gold from very similar geological environments to that occurring at Misehkow. Also, Goldcorp’s operating Musselwhite Mine located about 200 km north of Pickle Lake has a similar geological environment to the Pickle Lake region and has production plus reserves totaling about 4.7 million ounces.

On the Misehkow River Gold Property assay value intercepts of up to 12.4 grams per tonne gold over 0.71 metres (0.362 ounces/ton over 2.2 feet) and value/width intercepts of up to 3.84 grams per tonne over 6.4 metres (0.11 ounces/ton over 21.0 feet) have been noted in historical drill logs for the property. The gold target iron formation extends for about 20 kilometres across the Misehkow Gold Property. Iron formation-hosted gold mineralization is a very important exploration target for the Pickle Lake and Musselwhite mining camps. A three kilometre long significant rock alteration zone, which averages roughly 100 metres in width, is closely associated with the iron formation and gold mineralization on the property.

The Misehkow River Gold Property was flown with an airborne Versatile Time Domain Electromagnetic (VTEM) and high sensitivity cesium magnetic state-of-the-art geophysical survey in the fall of 2009. The original property and the eastern-third of the west block are covered by this survey. A base camp has been established in April 2010, and a number of iron formation target areas have been picked for ground and diamond drill follow-up. Condor Consulting Inc., Lakeview, Colorado have interpreted the VTEM results and are recommending testing 5 target zones across the 30 kilometres of iron formation with  a 16 drill hole, 3,000 metre program. Drilling is expected to begin soon.

(Click Here to view the Misehkow River Technical Report.....)
 

 

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