Forty Pillars completes drone survey at Val d'Or North

Executive Summary

• Forty Pillars Mining Corp. has completed a very-low-frequency (VLF) drone survey at its Val d'Or North property in Quebec, identifying eight promising zones for gold and base metal mineralization.
• The survey, conducted by Pioneer Exploration Consultant Ltd., covered approximately 187 line kilometers with sensors set 60 meters above ground level.
• The company plans to advance the exploration program with follow-up geochemical soil sampling and ground geophysical surveys to reduce target areas for future drilling.

Key Details

• Survey Specifications:
  • Conducted by Pioneer Exploration Consultant Ltd.
  • Total coverage: ~187 line kilometers.
  • Line spacing: 150 meters.
  • Sensor altitude: ~60 meters above ground level.
  • Survey direction: 26 degrees.
• Property Overview:
  • Val d'Or North property comprises 59 claims covering ~2,800 hectares.
  • Located in three separated blocks in the northeastern Val d'Or mining camp, Abitibi subprovince, Superior structural province.
  • Geology dominated by mafic to felsic volcanic and sedimentary rocks, intruded by gabbro sills (Lanaudiere, Assup, Landrienne, and Deguisier formations).
  • Potential for gold, molybdenite, and copper-zinc mineralization.
• Survey Findings & Geological Correlation:
  • Most detected conductors correlate with gabbroic sills, potentially due to disseminated sulphides (pyrite, pyrrhotite) or associated sulphide mineralization.
  • Some gabbroic sills did not respond, possibly due to a lack of sulphide minerals.
  • Linear and tabular features responding to both magnetic and VLF surveys are being considered in detail, similar to trends seen in the south Senneterre region.
  • All conductive anomalies are considered potential targets regardless of magnetic correlation.
• Identified Target Zones (8 Zones):
  • Zone 1: Few conductive anomalies in volcanic bedrock; correlated with low/moderate magnetic anomalies.
  • Zone 2: Relatively long conductive anomaly; no correlation with diabase intrusion but associated with small gabbroic bodies.
  • Zone 3: Several intersecting conductive anomalies; correlated with low-to-medium magnetic anomalies and gold/base metals geochemical anomalies (granodiorite, volcanics, gabbro).
  • Zone 4: Conductive anomaly associated with a gabbroic sill; correlated with a very high magnetic anomaly.
  • Zone 5: Few conductive anomalies; correlated with moderate-to-high magnetic and medium gold/base metals geochemical anomalies (gabbroic sills).
  • Zone 6: Two intersecting conductive anomalies associated with gabbroic sills and gold geochemical anomalies; one correlates with magnetic anomaly, the other does not.
  • Zone 7: Long conductive anomaly associated with a gabbroic sill; correlated with strong magnetic anomaly and low-to-moderate base metals geochemical anomalies.
  • Zone 8: Conductive anomaly not correlated with magnetic conductors; likely associated with an inferred conductive linear feature along a gabbroic sill.
• Next Steps:
  • Conduct follow-up geochemical soil sampling.
  • Perform ground geophysical surveys at promising zones.
  • Complete area reduction process to identify most promising targets for drilling design and execution.

Notable Quotes

• "The company intends to advance the exploration program through conducting follow-up geochemical soil sampling and ground geophysical surveys at the promising zones in order to complete the area reduction process for identifying the most promising target zones for designing and executing drilling program targeting precious and base metal deposits."