CLC

iron

64 km southeast of Schefferville, Québec

24 claims

6 sq/km

High-grade and high-purity iron deposit; near significant ore operations and open for expansion

High-grade and high-purity iron deposit; near significant ore operations and open for expansion

100% owned

CLC

Deposit

62% Fe SALEABLE IRON ORE FINES PRODUCT

2 km HIGH-GRADE, HIGH-PURITY HEMATITE TARGET

highlights |

Massive Iron Range With the Sokoman Formation of the Labrador Trough

170 m Deposit Width, Open at Depth

Qualifiable as a Direct Shipping Ore Due to Purity and Subsequent Ease of Processing

Silica Content to be Economically Removed via Mechanical Upgrading Process

Fewer Than 2% of Iron Ore Resources in the Labrador Trough Are Hematite Only

In Vicinity of Significant Ore Operations and Deposits

deposit model |

overview |

The CLC Iron Deposit is located in Labrador, Canada, 55 kilometres southeast of Schefferville, Quebec and 200 kilometres north of Labrador City. The Deposit is hosted within the 6 square-kilometre CLC Property (100% owned by Anteros Metals Inc) in rocks of the iron-rich Sokomon Formation, approximately 3 kilometres along strike from the Labrador Iron Mines Sawyer Lake Iron Deposit.

Superior Type Iron Formation

geology

and deposit

Regional Geology

Eastern Labrador Trough

The Labrador Trough is a Proterozoic orogenic iron belt that extends from the eastern margin of Ungava Bay southwards to Labrador City and has been mined for iron ore since 1954. The principal iron formation unit of the area, responsible for world-class iron-ore deposits, is the sedimentary subaqueous Sokoman Formation of the Knob Lake Group, a 30 to 350 metre continuous stratigraphic unit along the length of the Labrador Trough. Deposition of the Sokoman Formation resulted from oxidation of upwelling waters rich in reduced iron in conjunction with continual transport of the iron towards a shallow-water, oxidizing environment of the sedimentary platform.  

The Sokoman Formations and the Wishart Formation (stratigraphically below the Sokoman) are intruded by a number of gabbro sills and dikes, which may be related to Nimish volcanism.

Property Geology

Sokoman Formation

The Sokomon Formation is tightly-folded in broad anticlines and synclines of the Petitsikapau Lake Synclinorium in the area of the CLC Property. Fold hinges may have resulted in thickening of iron-rich horizons of the Sokomon Formation such that the width of the iron-bearing horizon on the Property is over 150 metres in true thickness.

Deposit Model

Superior Type Iron Formation

The CLC Deposit is located along strike from the Sawyer Lake deposit in the same package of rocks. Recent exploration and drilling by Mamba Minerals Ltd focused on drill targets identified by magnetic and ground gravity surveys, the largest of which underlies the CLC Deposit. In total, altered and enriched iron formations were encountered in Mamba Minerals drillholes along a total strike length of more than four kilometres. The altered iron formation has a true width in excess of 150 metres, with grades of 52% Fe over 101 metres in DDH MM-13-05 and a number of high-grade intervals of greater than 60% Fe.

exploration history

early to mid-stages

1943

1943

Labrador Mining and Exploration Co. extends the iron formation at Sawyer Lake to the area immediately west of Stewart Lake, mapping and sampling soon follow

1943
1977

1977

Newfoundland Department of Mines and Energy performs geological mapping

1977
2011

2011

Altius Resources Inc. commissions an airborne gravity gradiometer and magnetic survey over the CLC Property

2011
2013

2013

Mamba Minerals Ltd commissions 100-metre-spaced ground gravity and magnetometer surveying, metallurgical test work, and eight diamond drill holes totaling 1,159 metres on the current CLC project

2013
1943

Labrador Mining and Exploration Co. extends the iron formation at Sawyer Lake to the area immediately west of Stewart Lake, mapping and sampling soon follow

July 13, 2020
1977

Newfoundland Department of Mines and Energy performs geological mapping

July 13, 2020
2011

Altius Resources Inc. commissions an airborne gravity gradiometer and magnetic survey over the CLC Property

July 13, 2020
2013

Mamba Minerals Ltd commissions 100-metre-spaced ground gravity and magnetometer surveying, metallurgical test work, and eight diamond drill holes totaling 1,159 metres on the current CLC project

July 13, 2020