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, high-grade copper and nickel mineralized system near surface, with cobalt, platinum and palladium byproducts, 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 mineralized footprint and delivering a maiden resource report
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Technical Report
MILESTONES
Expanded claims
Staked an additional 87 km² in 2026, more than doubling Graal to 148 km²
Mineralized strike length
6km of near-surface copper, nickel, and cobalt
Strategic study
Airborne gravimetric and magnetic survey on select areas
Diamond drilling
Completed 16,788 m in 64 holes (2021-22) 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 16,788 m drill program at Graal
The program targeted the Bouguer Anomaly. The company is seeking to identify significant amounts of copper-nickel sulphide mineralization at the base of the magmatic chamber.
Early-stage drill results have been excellent
Excellent grades over wide widths, up to 28.9 m, mostly 50-100 m below surface. Near-surface mineralization supports an open-pit development concept with underground potential at depth.
2021
claims
km² of ground
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 system containing copper, nickel 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 267 claims covering 148 km².
