• 545 Granite Street, Sudbury, Ontario P3C 2P4
  • CSE: ABJ | FSE: A68

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Foster Marshall (Ontario)

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  • Project Name : Foster Marshall
  • Project Location : Ontario
  • Project Country : Canada
  • Date Acquired : February 14, 2017
  • Commodity : Cobalt, Silver

Project Overview

The FM Project is located in the Province of Ontario in the Larder Lake Mining Division, more specifically in the historic mining area of Cobalt, Ontario. The property is located approximately 25 kms north of the former producing Langis Mine project, once held by Agnico Eagle Mines Limited. The project consists of 7 mineral claim units over and covers approx. 633 acres.
Access to the property is excellent. The FM Property is located in northeast Ingram Township, approximately 16 km east of the town of Englehart. Access to the property is via Highway 659, east from Highway 11, to the Sherriff Lake road, then northeast past Sherriff Lake to the Marshall farm. The main showings are located at the southwest end of Mallard Lake, on the west side of Ingram Creek. The property straddles the contact between Proterozoic-aged Nipissing diabase to the south and sediments of the lower part of the Cobalt Group, also of Proterozoic age, to the north. The property is underlain by diabase that carries mineralization on fractures, cross fractures, sheared planes and veins. A cross fracture 1 to 6 inches wide is reported to show mineralization along its length for 900 feet.
  • Notice
  • Project Highlights
  • From The CEO
Note: On April 10. 2018 the Ontario Ministry of Mines and Forests readjusted their previous 16 hectare claims to be converted to 25 hectare cells. This adjustment resulted in the creation of 25 full cells and 4 boundary cells to comprise the property changing the area of the Foster Marshall property to be approximately 659 hectares. The map below shows the new expanded property outlined in black.

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  • Located in the historic Cobalt, Ontario mining district.
  • Reported historic assays including 4.5% Cobalt and 87 oz/t silver.
  • Two main veins identified - the Galena vein & the Silver vein with combined length of over 530 ft.
  • Government reports indicate an additional vein over 900 feet long.
  • Numerous joints, cross fractures and the shear planes are mineralized.
  • Significant results to date that have not been followed up.
"The historic Cobalt mining camp has recently been the focus of significant activity as companies have recognized that the commodity after which the area was named – and which is now in high demand for electric vehicles and energy storage – had been very much overlooked in what was primarily a silver camp in the 1900 - 2000 period. As commodity prices rise, the economics of narrow cobalt veins at high grades and potential areas of significant widths at lower grades, combined with silver and some good gold values make this camp an exciting area to renew exploration.

The FM Project has demonstrated some very high grade results from stripping and other work which we are eager to follow up."

- Bob Komarechka, CEO
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Project Images