The Lac Hervé property is underlain by a bimodal volcanic sequence striking North West-South East with a steep dip to the North East. A volcanoclastic unit is present in the west-central part of the property. It is in contact with the felsic lavas and is cross cut by mafic dykes. These units are coeval with the synvolcanic Clericy tonalitic Pluton. The formations on the property are on the south limb of the major Clericy syncline. They are perpendicularly cross cut by several north east striking faults.
Several base and precious metals showings are known on the property. Here are the best results:
CL-91-02:
1.96% Zn and 2 g/t Ag over 0.24 metres
CL-91-03:
0.99% Zn and 1.3 g/t Ag over 0.5 metres
CLE-07-20:
0.61% Cu over 1.0 metres and 0.47% Zn over 1.0 metres
HV_LS-82-2 and 5:
4.11 g/t Au over 1.83 metres and 5.11 g/t Au over 3.35 metres
Lac Savard NO:
20.1 g/t Au, 205.3 g/t Ag and 0.45% Cu in a grab sample
LS-25 and 28:
18.68 g/t Au and 7.23 g/t Au in trenches
DF_75-1:
3.6 g/t Au over 1.5 metres
The Lac Hervé property was the object of numerous exploration surveys spread all over the area. In all, 4 magnetic, 11 EM and 10 IP surveys were carried out. 90 drill holes are listed in previous works. The most recent works were concentrated in the southern portion with 2 EM surveys and a deep drill hole (CLE-07-20) intended to test an airborne MegaTEM anomaly.
In 2014, Falco drilled a deep hole to test an off-hole EM anomaly detected in the 2007 hole for a total of 1,020 metres. This hole intersected a stringer zone of black chlorite and sulfides. This type of zone is usually closely associated with a VMS system.
The Lac Hervé property is a Greenfield exploration project and consists of 62 claims covering an area of 2,562 ha. It is 100% owned by Falco Resources.
The Lac Hervé property is located in Dufresnoy and Clericy Townships, about 15 km North East of the city of Rouyn-Noranda.