THE GRAAL
A Strategic Move to add Discoveries
We are advancing the Graal project towards production to meet the rising demand for Critical Minerals from Safe Jurisdictions
Evidence points to a large deposit of high-grade nickel, copper and cobalt near surface with showings of platinum and palladium and potential for a significant deposit at depth.
The property is ideally located close to major battery manufacturing infrastructure with access to ports
Work in the coming year will focus on exploration drilling aimed at expanding the size of the mineralized deposit area and delivering a maiden resource report
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Technical Report
MILESTONES
Expanded claims
Acquired 888.56 hectares in 2021 for a grand total of 6,113 hectares
Mineralized strike length
6km of near-surface copper, nickel, and cobalt
Strategic study
Airborne gravimetric and magnetic survey on select areas
Diamond drilling
Completed 16,000 meters targeting geophysical anomalies
Massive sulphides
Mineralised sulphides hit in almost every drill hole
Borehole geophysics
To quantify potential thickness around the sulphide intersections
VIEW
Drill Holes Map
All Exploration data is featured below in an interactive format: The legend in the top right indicates to which each symbol corresponds, and clicking on them displays the associated data.
STRATEGY
The Company has conducted a 16,000m drill program at Graal
The program targeted the Bouguer Anomaly. The company is seeking to identify significant amounts of nickel-copper-sulphide mineralization at the base of the magmatic chamber.
Early-stage drill results have been excellent
Initial drilling intersected massive sulphides proven with detailed assays showing 1.12% NiEq over 28.9m mostly at shallow depths of only 50 to 100m.
2021
claims
hectares
meters of drilling
2022
HISTORY
Historical exploration on the property encountered numerous encouraging showings of Nickel, Copper and Cobalt.
The energy transition needs new critical minerals deposits. Coniagas has secured the Graal in Saguenay, Québec. Drilling indicates a large, high-grade polymetallic deposit containing nickel, copper, and cobalt. Mining would allow proceeds from one metal to finance production of another.
GEOLOGY
An airborne geophysical survey in early 2021 identified Graal as the most geologically prospective in the region.
The Graal property, located in the Lac St-Jean region southeast of the Lac a Paul Arianne Phosphate deposit and 160 km north-northeast of the city of Saguenay, comprises 87 owned and 23 optioned claims covering 6,113 hectares.
