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Orbec Set to Drill the Lac Bernard Zone in June, 2025

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Mines D'Or Orbec (TSXV: BLUE) has announced significant developments at its Muus Property following a detailed drone magnetics survey at 35-meter line-spacing. The company's team has identified drill targets at the intersection of the E-W Guercheville fault and NE-SW faults.

The E-W Guercheville Deformation Zone is known to host several mineralized bodies, including IAMGOLD's Nelligan Gold project and the Falcon and Philibert projects. The company plans to commence drilling in June 2025 to investigate these prospective fault intersections.

CEO John Tait expressed confidence in the upcoming drill program's potential to identify gold mineralization. The nearby Nelligan deposit contains 8.2 million ounces of gold, highlighting the region's potential. The Southern Chapais-Chibougamau Camp, where the property is located, remains largely underexplored, offering significant upside potential for gold exploration.

Mines D'Or Orbec (TSXV: BLUE) ha annunciato sviluppi significativi presso la sua proprietà Muus a seguito di un dettagliato sondaggio magnetico con drone a una distanza di 35 metri. Il team dell'azienda ha identificato obiettivi di perforazione all'intersezione della faglia E-O Guercheville e delle faglie NE-SO.

La Zona di Deformazione E-O Guercheville è nota per ospitare diversi corpi mineralizzati, tra cui il progetto Nelligan Gold di IAMGOLD e i progetti Falcon e Philibert. L'azienda prevede di iniziare la perforazione a giugno 2025 per indagare queste intersezioni di faglia promettenti.

Il CEO John Tait ha espresso fiducia nel potenziale del prossimo programma di perforazione per identificare mineralizzazione aurifera. Il vicino deposito Nelligan contiene 8,2 milioni di once d'oro, evidenziando il potenziale della regione. Il campo Southern Chapais-Chibougamau, dove si trova la proprietà, rimane per lo più inesplorato, offrendo un significativo potenziale di crescita per l'esplorazione dell'oro.

Mines D'Or Orbec (TSXV: BLUE) ha anunciado desarrollos significativos en su propiedad Muus tras un detallado estudio magnético con dron a una distancia de 35 metros. El equipo de la empresa ha identificado objetivos de perforación en la intersección de la falla E-O Guercheville y las fallas NE-SO.

La Zona de Deformación E-O Guercheville es conocida por albergar varios cuerpos mineralizados, incluido el proyecto Nelligan Gold de IAMGOLD y los proyectos Falcon y Philibert. La empresa planea comenzar la perforación en junio de 2025 para investigar estas intersecciones de falla prometedoras.

El CEO John Tait expresó confianza en el potencial del próximo programa de perforación para identificar mineralización de oro. El cercano depósito Nelligan contiene 8,2 millones de onzas de oro, destacando el potencial de la región. El campo Southern Chapais-Chibougamau, donde se encuentra la propiedad, sigue siendo en gran medida inexplorado, ofreciendo un significativo potencial de crecimiento para la exploración de oro.

미네스 도르 오르벡 (TSXV: BLUE)는 35미터 간격의 드론 자기 조사 이후 무스 재산에서 중요한 발전을 발표했습니다. 회사 팀은 동서 방향의 게르슈빌 파열과 북동-남서 방향의 파열이 만나는 지점에서 시추 목표를 확인했습니다.

동서 방향의 게르슈빌 변형대는 IAMGOLD의 넬리건 금 프로젝트와 팔콘 및 필리베르 프로젝트를 포함한 여러 광물화된 몸체를 보유하고 있는 것으로 알려져 있습니다. 회사는 이러한 유망한 파열 교차점을 조사하기 위해 2025년 6월 시추를 시작할 계획입니다.

CEO 존 테이트는 다가오는 시추 프로그램이 금 광물화를 식별할 가능성에 대해 자신감을 표명했습니다. 인근 넬리건 광산에는 820만 온스의 금이 포함되어 있어 이 지역의 잠재력을 강조합니다. 재산이 위치한 남부 샤파이스-치부가무 캠프는 대부분 탐사되지 않은 상태로 남아 있어 금 탐사에 대한 상당한 성장 잠재력을 제공합니다.

Mines D'Or Orbec (TSXV: BLUE) a annoncé des développements significatifs sur sa propriété Muus suite à une enquête magnétique par drone détaillée avec un espacement de ligne de 35 mètres. L'équipe de l'entreprise a identifié des cibles de forage à l'intersection de la faille E-O Guercheville et des failles NE-SO.

La zone de déformation E-O Guercheville est connue pour abriter plusieurs corps minéralisés, y compris le projet Nelligan Gold d'IAMGOLD ainsi que les projets Falcon et Philibert. L'entreprise prévoit de commencer le forage en juin 2025 pour examiner ces intersections de failles prometteuses.

Le PDG John Tait a exprimé sa confiance dans le potentiel du prochain programme de forage pour identifier la minéralisation aurifère. Le dépôt voisin de Nelligan contient 8,2 millions d'onces d'or, soulignant le potentiel de la région. Le camp Southern Chapais-Chibougamau, où se trouve la propriété, reste largement inexploré, offrant un potentiel de croissance significatif pour l'exploration de l'or.

Mines D'Or Orbec (TSXV: BLUE) hat bedeutende Entwicklungen auf seinem Muus-Grundstück nach einer detaillierten Drohnenmagnetikuntersuchung mit einem Abstand von 35 Metern bekannt gegeben. Das Team des Unternehmens hat Bohrziele an der Kreuzung des E-W Guercheville-Bruchs und der NE-SW-Brüche identifiziert.

Die E-W Guercheville-Deformationszone ist bekannt dafür, mehrere mineralisierte Körper zu beherbergen, darunter das Nelligan-Goldprojekt von IAMGOLD sowie die Projekte Falcon und Philibert. Das Unternehmen plant, im Juni 2025 mit dem Bohren zu beginnen, um diese vielversprechenden Bruchkreuzungen zu untersuchen.

CEO John Tait äußerte Vertrauen in das Potenzial des bevorstehenden Bohrprogramms zur Identifizierung von Goldmineralisierungen. Das nahegelegene Nelligan-Vorkommen enthält 8,2 Millionen Unzen Gold, was das Potenzial der Region unterstreicht. Das Southern Chapais-Chibougamau-Camp, in dem sich das Grundstück befindet, bleibt weitgehend unerforscht und bietet erhebliches Wachstumspotenzial für die Goldexploration.

Positive
  • Company owns 100% of the Muus property
  • Property location near significant gold deposits including 8.2M oz Nelligan deposit
  • Successful completion of detailed drone magnetics survey identifying specific drill targets
  • Property situated in underexplored region with potential for major discoveries
Negative
  • No drilling has been conducted yet on the identified structures
  • Success of exploration program remains speculative

Brossard, Québec--(Newsfile Corp. - April 1, 2025) - Mines D'Or Orbec Inc. (TSXV: BLUE) (the "Company") Orbec is pleased to announce a major development regarding its Muus Property. Following a comprehensive drone magnetics survey at 35-meter line-spacing, the Company's geophysical and geological team has defined drill targets, where the E-W Guercheville fault intersects NE-SW faults, on the company's 100% owned Muus property. This important confirmation is expected to play a critical role in Orbec's ongoing exploration efforts.

For regional context, the E-W Guercheville Deformation Zone hosts several mineralised bodies, such as the Nelligan Gold project (IAMGOLD), and the Falcon and Philibert projects (Northern Superior). Also, NE-SW oriented faults are important regional structures observed, for example, at IAMGOLD's Monster Lake project and in the Fancamp corridor.

In light of this breakthrough, Orbec's geological team has devised an ambitious drilling program to further investigate this highly prospective fault intersection. The team is optimistic that the upcoming drilling campaign will help delineate and confirm the structures that have yet to be fully explored (Figure 1 below), and identify those which host gold mineralisation.

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Figure 1

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John Tait, CEO of Orbec, emphasized the importance of the recognition of these features, saying, "With an outstanding team of geophysicists and geologists on this program, we're very confident that the proposed drill program will delineate and confirm these structures that have never been drilled, and identify gold mineralisation. The Southern Chapais-Chibougamau Camp offers exceptional upside value to gold explorers, as it remains largely underexplored. We are in an exciting phase of our comprehensive exploration program which we believe will lead to drilling significant mineralized intersections that could mirror discoveries and mines in the surrounding area, such as IAMGOLD's Nelligan deposit, which boasts 8.2 million ounces of gold."

The confirmation of the fault intersection signals an exciting new phase for Orbec, and the upcoming drilling program is highly anticipated to unlock the full potential of the Muus Property.

QUALIFIED PERSON

Technical information in this news release has been approved by Dorian L. (Dusty) Nicol (OGQ, PG, FAusIMM), technical adviser to the Company, who is a Qualified Person (QP) for the purpose of National Instrument 43-101.

About Orbec

Orbec is a gold company that owns 100% of a large and highly prospective mineral claim position near Chibougamau, Québec. The Muus Project covers approximately 25,250 hectares in the northeastern part of the Abitibi Greenstone Belt. Muus is prospective for gold mineralisation and is adjacent to and on strike with IAMGOLD's 8.3 million oz Nelligan Gold Project. Orbec has announced that exploration of the Muus Gold Project will advance in technical collaboration with IAMGOLD, which owns approximately 8.3% of the Company. Field work completed during 2022 established that the northern portion of the Muus Gold Project is also prospective for copper-gold volcanogenic massive sulphide mineralisation, as well as confirming that it is prospective for high-grade gold mineralisation similar to IAMGOLD's nearby Monster Lake gold deposit.

ON BEHALF OF THE BOARD

John Tait, CEO & Director

For more information, please visit our website www.orbec.ca or contact John Tait, info@orbec.ca.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance including in respect of the size and use of proceeds of the Offering, the timing and ability of the to close the Offering, including obtaining approval of the Offering from the TSX Venture Exchange, if at all (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246847

FAQ

When will Orbec (BLTMF) begin drilling at the Lac Bernard Zone?

Orbec plans to begin drilling at the Lac Bernard Zone in June 2025.

What did Orbec's (BLTMF) recent drone magnetics survey reveal?

The survey identified drill targets where the E-W Guercheville fault intersects NE-SW faults on the Muus property.

How many ounces of gold are in the nearby Nelligan deposit referenced by Orbec (BLTMF)?

The nearby Nelligan deposit, owned by IAMGOLD, contains 8.2 million ounces of gold.

What is the significance of the fault intersections discovered on Orbec's (BLTMF) Muus Property?

These fault intersections are similar to structures hosting major gold deposits in the region, suggesting potential for significant gold mineralization.
ORBEC GOLD MINES INC

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