In this InvestorIntel interview, Tracy Weslosky talks with Vatic Ventures Corp.’s (TSXV: VCV | OTCQB: VCVVF) CFO Pieter Bakker about Vatic’s portfolio of gold and critical minerals projects in Canada. Pieter says that they are currently focused on their gold exploration property known as the Hansen prospect located in the Chibougamau area of northern Quebec but the company also has a critical minerals project in New Brunswick that includes copper, molybdenum, nickel, platinum group elements (PGE), rare earths (REE), tin, and tungsten.
The Hansen property is located in the northeast corner of the Matagami-Chibougamau Greenstone Belt and previous work delineated a mineralized zone 15 meters (m) wide over a strike length of 250m.
With an I.P. geophysical survey set to commence soon, followed by drilling on the Hansen Gold Project later on in the year, Pieter discusses that previous work on the project has shown exceptional gold values, including surface grab samples of 33.25 grams per tonne (g/t) gold (Au) and 34.92 g/t Au, and drill intersections of 12.8 g/t Au over 1.05m, 7.94 g/t Au over 1.05m, and 75.29 g/t Au over 0.3m.
He remarks that the Hansen prospect is located in “the most promising area for gold exploration”, according to Quebec Geological Survey.
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About Vatic Ventures Corp.
Vatic Ventures Corp. has an option to earn a 100% interest in the Hansen gold property in the Chapais area of Northern Quebec, strategically situated in a very active and emerging gold exploration area with over 6.7 million ounces of gold produced in the greater Chibougamau district. The Company has an option to acquire a 100% interest in a Rare Earth Elements (REE) and polymetallic claims package known as the Sisters Mountain critical metals project located in Southwestern New Brunswick.
To learn more about Vatic Ventures Corp., click here
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This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.
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