The Manicouagan Critical and Strategic Minerals Project – St-Georges Eco-Mining (CSE: SX – OTC: SXOOF)

Introduction

St-Georges Eco-Mining Corp. (CSE: SX) (OTCQB: SXOOF) (FSE: 85G1) is a junior exploration company with a portfolio of Critical and Strategic Minerals Projects, including the Manicouagan Project, the Julie Project, and the Notre-Dame Niobium Project, all located in Quebec, Canada. Through its subsidiary, Iceland Resources, the Company owns all the active exploration licenses in the country, including the Thor Gold Project. Using an eco-mining approach, the Company develops metallurgical technologies through its subsidiary, St-Georges Metallurgy, including a new system for processing lithium, which it then applied to battery recycling through its subsidiary, EVSX. The Company expanded into indigo hydrogen with its H2SX subsidiary to support its metallurgical process that allows battery recycling and lithium hydroxide production. Together, the synergies between St-Georges and its subsidiaries create a circular green economy focusing on the critical and strategic minerals supply chain.

Summary

Project Overview – A brief description of the Manicouagan Critical and Strategic Minerals Project

Project History – A detailed account of all historical work done on the property going back to the first discoveries on the property

• Bob & Bob East – Full account of historic grab, channel and drill results prior to 2008
• Derniere Chance – Full account of historic grab, channel and drill results prior to 2008
• Feu Showing – Full account of historic grab, channel and drill results prior to 2008
• Gold, Silver and Other Occurrences – Discussing other opportunities within the project
• Consolidated Highlights – Highlights included up to 2021

St-Georges Eco-Mining Corp. Exploration – A detailed chronological account of the Company’s exploration efforts and results since acquiring the project

• Fall 2022 Drill Results

Project Overview

The Manicouagan Critical and Strategic Minerals Project consists of 388 claims covering an area of 20,474 hectares (204.7km2) and is located approximately 70 km north of the Manicouagan Crater 350 km northwest of the city of Baie-Comeau, in the province of Quebec. The property can be accessed via Camp Hélène by air from either Baie-Comeau or Gagnonville’s paved airstrip. Gagnonville is situated just 100 km ESE on provincial road 389 which runs between Labrador, Newfoundland and Baie-Comeau, Quebec. (See Figure 1)

In recent years the project has yeilded success in defining a high grade corridor where they have reported grades of up to 5.11 g/t of platinum, up to 18.29 g/t of palladium, up to 1.73 g/t rhodium, up to 2.63 g/t ruthenium, up to 2.2% copper, up to 0.45% cobalt, and up to 9.49% nickel. Polished section and detailed hand sample examination studies reveal that sulphides include disseminated and massive varieties and include fine-grained recrystallized and coarse grained varieties. This aspect of the mineralization allows for the extraction of the various metals using a unique and green approach to extracting minerals.

Project History

Disclaimer: Historical information is provided solely for the reader’s convenience and has been sourced from publicly available sources. St-Georges Eco-Mining Corp is not responsible for the content’s accuracy, currency, or reliability, nor does the Company offer any guarantees in this regard.

• The first geological reconnaissance mapping in the Manicouagan area was conducted by Low (1897) of the Geological Survey of Canada (GSC) at the end of the 19th Century.
  
• Then in 1968 the Manicouagan area was covered by national aeromagnetic surveys using a nominal line spacing of 800 meters.
  
• In 1987 the Quebec Ministry of Natural Resources (MRNQ) initiated a regional lake sediment survey which comprised of 1,200 individual samples and highlighted several multi element anomalies and favorable exploration targets.
  
• Then in 1997 the MRNQ mapped the lake Vallard area via ground traverses of 6-10 km lengths and 5-10 km spacing. This resulted in the discovery of the Mouchalagne Zone. The Mouchalagane Zone was described by Lamothe et al. as an east-west oriented gossan zone of 130m length and 25m width. It is enclosed within pillowed metabasalt in contact with a highly sheared, medium-grained, homogeneous metagabbro. The mineralization was determined to be a meter-thick, and possibly located in the core of a fold nose.

The principal exploration targets on the property are for nickel, copper, and platinum group elements (platinum, palladium, rhodium and ruthenium) associated with reworked Archean ultramafic lithologies belonging to the Gagnon Terrane, which is part of the Grenville Geological Province. The majority of work carried out on the property before St-Georges acquired the property was done by Manicouagan Minerals Inc. with a focus on the Main Mouchalagane Claim Group or property. Additionally a ground geophysical survey was or carried out by Geosig in 2008 on the Western Mouchalagane Claim Group. At the time there was no systematic geological mapping or structural analysis reported for the area but field evidence, such as the presence of cross-folds in a few localities, suggest at least two periods of deformation.

• During 2006, Manicouagan Minerals did a property scale geological mapping program over a 5 km2 cut line grid in the immediate area of the Ni-Cu-PGE showings that were acquired in early 2006 immediately followed by a soil, grab and channeling exploration program. A total of 395 soil samples were collected and 366 were assayed multi-elements Scan package in addition to a suite of rare earth elements, on the Main Mouchalagane grid area at a spacing of approximately 50 meters along the existing grid lines and at 25 meters around Bob and Bob-East Showings. This survey highlighted numerous and correlative anomalies in nickel, copper, cobalt and chromium suggestive of the presence of ultramafic rocks at surface. Ultramfic rocks in this area correlate well and are locally correlative with known Ni-Cu-PGE mineralization.
  
  Additionally, stripping and power washing was done in areas of shallow overburden to further expose mineralized zones to enable a systematic channel sampling program to be carried out. Channel sampling was performed over an area of approximately 300 m2. A total of 142 grab samples were collected. This work provided evidence of significant grades of Ni-Cu-Co and associated PGEs hosted with massive pyrrhotite exist at surface at both the Bob and Bob East showings.
  
• Late 2006, Manicouagan Minerals Inc. optioned the Mouchalagane Propertywhich at the time consisted of 58 map designated claims covering an approximate area of 30 km2.
• In 2007, ground magnetic and horizontal loop electromagnetic (“HLEM”) surveys were conducted by Geophysique TMC of Val-d’Or, Quebec, on the Main Mouchalagane Property. In total, 73.4 line-kilometers of magnetic survey and 62.6 line-kilometers of HLEM survey were performed. The 2007 survey also outlined various conductors on the property that form a large E-W oriented oval pattern about 5 km long by 1.5 km wide. In addition, an inaugural drill campaign was performed during the summer/fall season for a total of 2,957m. (See Below)

• As a follow up, in 2008, Aeroquest international of Mississauga, Ontario flew their AeroTEM ll electromagnectic geophysical survey that covered 4,327 line kilometers and generated 788 AEM Anomalies. The Aeroquest data and maps were provided to Frank Jagodits a consultant geophysicist who reviewed, on a line by line basis and identified thirty-eight (38) prospective conductors on the Main Mouchalagane grid for the prospecting crews to ground truth before drilling. In addition, a drill campaign was performed during the summer season for a total of 1,770m. (see below)
  
• Two diamond drilling programs were carried out on the Mouchalagane Project in 2007/2008. The first program took place from July 20th to October 3rd, and consisted of thirty four (34) drill holes (MCH-07-01 to 34) totaling 2 957 meters. The second program took place between June 13th to July 6th, and was comprised of ten (10) holes totaling 1 770 meters. A total of 743 core samples representing a combined length of 475.4 meters were collected in 2007, and a total of 693 core samples representing a combined length of 449.7 meters were collected in 2008. (See Figure 2 for complete drill hole locations)

• By 2008, four primary targets had been identified at Manicouagan through drilling and sampling; Bob, Bob East, Feu and Dernèire Chance. Highlights from the various exploration campaigns are as follows;

Bob & Bob East Showings

The Bob Showing up to this point had been traced by drilling for a total strike length of approximately 200 meters over widths of up to 6.5 meters. It appears to be directly associated with two, east striking, weak, third priority, short strike length electromagnetic (HLEM) conductors. Of potential significance is the presence of a strong, first priority, east striking, 400 meters long EM conductor which is situated just 200 meters south of the Bob Showing which remains untested. The Bob-East Showing, 45m away from the Bob Showing, returned outstanding assay results and among the eighteen (18) holes drilled proximal to Bob and Bob-East Prospect, sixteen (16) holes intersected Ni-Cu-PGE mineralization for approximately 200 meters along strike and to a depth of about 90 meters.

Polished section and detailed hand sample examination studies reveal that sulphides include disseminated and massive varieties and include fine grained recrystallized and coarse grained varieties. Fine-grained sulphides are recrystallized as are enclosing host rocks.

Grab and Channel Sample Highlights

Grab samples

• 2006 – Assayed up to 6.99% Cu, 2.68% Ni, 12.5 g/t Pd, and 4.1 g/t Pt on the Bob Showing
• 2006 – Assayed up to 2.34% Ni, 0.70% Cu, 1.59 g/t Pd and 5.28 g/t Pt at Bob-East Showing
• 2007/2008 – Up to 2.68% Nickel, 6.99% Copper and 16.62 g/t Palladium+Platinum (4.12 g/t Pt + 12.50 g/t Pd) on the Bob Showing
• 2007/2008 – Up to 2.34% Ni, 0.49% Cu and 6.87 g/t Pd+Pt (5.28 g/t Pt + 1.59 g/t Pd) at Bob-East Showing

Channel samples

• 2007/2008 Channel samples returned assays up to 2.44% Ni, 0.74% Cu and 17.03 g/t Pd+Pt (3.28 g/t Pt + 13.75 g/t Pd) over 1.94 meters (channel sample Bob-13) at Bob Showing;
• 2006/2007/2008 Channel samples returned assays up to 2.98% Ni, 0.18% Cu and 8.86 g/t.  Pd+Pt (3.04 g/t Pt + 5.82 g/t Pd) over 1.67 meters (channel sample Bob East-8) at Bob-East Showing

In addition to significant Pd and Pt concentrations, these grab & channel samples returned significant concentrations of up to 1,010 ppb rhodium (Rh) and 1,150 ppb ruthenium (Ru). However, most samples were not assayed for the entire suite of PGEs.

Highlights of drilling

Bob and Bob East

Selected drill core samples from the Bob Ni-Cu-PGE Prospect that were analyzed for the complete suite of Platinum Group Elements (PGE) returned significant concentrations of rhodium (Rh) and ruthenium (Ru)

Highlights include;

• Hole MCH-08-02 – 0.92% Ni, 0.43% Cu, 0.95 g/t Pt and 1.47 g/t Pd over 6.64 m; including 1.00% Ni, 0.36% Cu, 1.80 g/t Pt and 2.31 g/t Pd over 2.11 m
• Hole MCH-08-04 – assayed up to 1.73 g/t Rhodium, 2.63 g/t Ruthenium, 1.77% Ni, 0.22% Cu, 0.043% Co, 2.18 g/t Pt, 1.93 g/t Pd and 0.5 g/t Au were intersected over 1.89 meters.
• Hole MCH-08-08 – intersected 1.48m grading 0.72% Ni, 0.22% Cu, 3.07 g/t Pd+Pt (0.50 g/t Pt and 2.57 g/t Pd).
• Hole MCH-07-13 – assayed 2.30% Ni, 0.75% Cu, 800 ppm Co, 1.67 g/t Pd+Pt (0.71 g/t Pt + 0.96 g/t Pd) over 0.25 meters between 57.46m and 57.71
• Hole MCH-07-17 – assayed 1.78% Ni, 0.49% Cu, 914 ppm Co, 8.57 g/t Pd+Pt (2.11 g/t Pt + 6.47 g/t Pd), over 2.04 meters, including 3.82% Ni, 1.47% Cu, 0.21% Co, 23.40 g/t Pd+Pt (5.11 g/t Pt + 18.29 g/t Pd) over  0.57 meters.
  
  Note* This 2.04 meters section was re-assayed for the complete suite of PGE and returned 8.58 g/t Pd+Pt (2.11 g/t Pt + 6.47 g/t Pd), 0.44 g/t Rh, 0.40 g/t Ru.

Dernière Chance

Ni-Cu-PGE mineralization at Dernière Chance is associated with an ultramafic unit at the interface with an overlying metabasalt. The host ultramafic unit was 19.67 meters in thickness in hole MCH-07-09 and was 22.29 meters thick in hole MCH-07-10.

Grab Sample Highlights

• Consolidated grab samples assayed 0.78% Ni, 11.7% Cu and 2.54 g/t Pd+Pt (0.30 g/t Pt+ 2.24 g/t Pd)

Highlights of drilling

• Hole MCH-07-09 returned 0.55% Ni, 0.07% Cu, 0.61 g/t Pd+Pt over 0.39 meter.
• Hole MCH-07- 10 returned 1.04% Ni, 0.47% Cu, 940 ppm Co, 0.84 g/t Pd+Pt (0.20 g/t Pt + 0.64 g/t Pd) over 0.21 meters.

Feu Showing

Grab and Channel Sample Highlights

Grab Sample

• 2006 – Assayed up to 2.15% Cu, 1.15% Ni, 2.06 g/t Pd and 0.67 g/t Pt
• Consolidated grab samples assayed from the Feu showing included 1.15% Ni, 2.15% Cu and 2.73 Pd+Pt (0.67 g/t Pt + 2.06 g/t Pd);

Channel sample

• 2006 – 3.21% Ni, 2.33% Cu and 29.60 g/t Pd+Pt (3.7 g/t Pt + 25.90 g/t Pd) over 0.5 m;

Drilling at the Feu was successful in extending the known surface Ni-Cu-PGE mineralization to a depth of approximately 40 m.

Gold, Silver and other occurrences

The Mouchalagane Property may offer some potential to host lode gold mineralization. At the Corbeau-2 Showing grab samples of 2.74 g/t Au were obtained from a minor quartz-hornblende vein. Also minor gold-arsenic mineralization associated with calcite alteration in the southern part of the property was intersected in MCH-07-16 (1.3 g/t Au over 0.95 meter).

Best surface gold results (sample 150501 : 2.81 g/t Au) came from Corbeau-2 showing area (Mouchalagane main grid). It confirms the previous grab sample that contained 2.74 g/t Au. Additionally, two (2) sulphide bearing felsic volcanics outcrops returned 1.2 and 1.1 g/t Au (samples 265904 and 150503). These occurrences are about 1 km apart, sample 265904 being located close to HLEM conductor D and sample 150503 being located right on HLEM conductor G.

Minor silver-copper (±platinum-palladium-gold-zinc) mineralization encountered in hole MCH-07-25 (0.68- 0.71% Cu – 2.3 g/t Ag over 0.29 m) and at the Mouche Showing in MCH-07-34 (0.2% Cu – 1.12 g/t Ag over 1.87 m, including 0.35% Cu – 1.8 g/t Ag over 0.60 m) is the lateral continuity of the “MRNF Mouchalagane Zone” where nine (9) samples assayed up to 2.0 g/t Ag, 3.6% As, 0.34% Zn. This mineralization is late staged associated with quartzcalcite alteration.

Consolidated Highlights

St-Georges Eco-Mining Exploration History

• On January 27, 2020 St-Georges Eco-Mining Corp. acquired 100 percent of the Manicouagan Nickel-Copper-PGE Project.
  
• On August 13, 2020 the company acquired two mineral claims from two arms-length vendors as the claims were land-locked within the other exploration licenses held by the Company. This completed the consolidation of the claims of interest to the Company.
  
• In February 2020, the Company added 36 new mining claims to the Project through electronic map staking.
  
• In August 2020, the Company secured two additional mining claims strategically located within the boundaries of the Manicouagan Project from two arms-length vendors. The Company issued 600,000 common shares and made a payment of $10,000 at signature of the agreement. An additional payment of $35,000 was subscribed into units of the Company at a price of $0.10 per unit in a private placement closed on November 25, 2020.
  
• In April 2021, the Company added 37 new mining claims to the Project through electronic map staking.

• During the spring of 2021 the Company’s team established a base of operation, allowing for helicopter and float plane operations on the north-eastern banks of the Manic V reservoir which is accessible to freight trucks.
  
• During the summer of 2021, a ground crew prepped the drill sites for the upcoming drill program They also did trenching focused on geophysical targets and did systematic cutting and logging of the historical cores at the contractors location in Ville de La Baie.
  
• On November 17, 2021, the Company entered into a 1% royalty buy-back agreement to acquire the production royalty from one of the two royalty holders on the wholly owned Manicouagan Project. Pursuant to the agreement, the Company issued 1,000,000 common shares to the vendor with a deemed value of $500,000.
  
  By November, 19 holes had been drilled for a total of 2,639m, bringing the total drilling on the property up to 7,006m since drilling began in 2007/2008. Additionally, two bulk samples were gathered from the area previously sampled by Manicouagan Minerals at the Bob and Bob East showings (See Figure 7).  These samples have been delivered to Coalia for metallurgical testing. in the vicinity of the Bob showing for metallurgical testing..

The highlight of the drill campaign was Hole SX-MN21-18 which hit 2 meters of massive sulphides within a 6 meter interval of massive to semi -massive mineralization. (See Figure 8) This hole was located 179 meters to the east and alongside the same conductors as historic Hole MCH-07-17 which assayed 1.78% Ni, 0.49% Cu, 914 ppm Co, 8.57 g/t Pd+Pt (2.11 g/t Pt + 6.47 g/t Pd), over 2.04 meters, including 3.82% Ni, 1.47% Cu, 0.21% Co, 23.40 g/t Pd+Pt (5.11 g/t Pt + 18.29 g/t Pd) over 0.57 meters.

The Holes MCH-07-17 and SX-MN21-18 seem to indicate that the Bob Showing extensions, East and West, are both opened along trend and remain open to depth.The drill Holes MCH-07-03 and 07-04 between MCH-07-17 and SX-MN21-18 didn’t reach or encounter the mineralized unit. (See Figure 9)

• In February 2022, the Company announced the results from the two bulk samples obtained from the the area near the Bob and Bob East Showing in the fall of 2021. Highlights include nickel grades between 2.36% and 2.92%, palladium grades between 1.4 and 9.5 g/t and 1.1 g/t rhodium (See Tables 1 & 2 Below)
  
  Additionally, the Company moved the historical core to it’s facility and began logging in hopes of using the information to plan a follow-up drill program in 2022.  * 8 samples were submitted for assays of PGE’s. 

Table 1 – Representative PGE samples from bulk sample collected from the Bob Showing.

Sample #	Weight	Pt	Pd	Os	Ru	Ir	Rh
	kg	ppm	ppm	ppm	ppm	ppm	Ppm
D591736	5.82	3.60	5.00	0.14	0.82	0.27	1.10
D591737	3.16	4.50	1.40	0.09	0.80	0.23	0.52
D591738	1.51	4.30	9.50	0.13	0.86	0.24	0.85
D591739	3.16	2.50	5.60	0.15	1.00	0.31	0.89
Average	3.41	3.73	5.38	0.13	0.87	0.26	0.84

Table 2 – Representative sample results for base metals from the Bob Showing.

Sample #	Weight	Cu	Ni	Co	Fe
	kg	%	%	%	%
D591736	5.82	1.785	2.92	0.106	47.1
D591737	3.16	3.120	2.36	0.057	45.7
D591738	1.51	0.445	2.36	0.143	41.7
D591739	3.16	1.490	2.78	0.095	45.3
Average	3.41	1.71	2.61	0.10	44.95

• On March 1, 2022, the Company added 106 new claims to the Project through electronic map staking.
  
• On March 24th, 2022, The company announced the results from the rushed assays for 6m of hole SX-MN21-18. The full 6.5 meter interval graded 1.27% nickel, 0.22% copper, 0.082% cobalt, 0.84 g/t platinum, and 2.80 g/t palladium, including a 2-meter section averaging 3.23% nickel, 0.44% copper, 0.189% cobalt, 2.11 g/t platinum, and 6.88 g/t palladium. (See Table 3)

Table 3 – Assay results from Hole SX-MN21-18

• In early April 2002, the Company announced the results from PGE assays for the 2 meters of massive sulphides in Hole 18. (See Tables 4 and 5)

Table 4 – PGE assay results for 2m of Hole 18

• In mid April 2022, the Company released additional partial results on the resampling of the historic core and highlighted an east-west corridor of mineralization at surface and up to a depth of 80 meters. These new results were from historic core but focused on Rhodium. Five drill holes returned significant rhodium and ruthenium intersections.
  
  It is also worth noting that a surface channel sample from the Bob Showing assayed 1.01 g/t of rhodium and 1.15 g/t of ruthenium over 1.98 meters at surface.

• During this time the Company continued building on the land package and now holds 388 claims on the Project. (As of April 2023)
  
• In October, 2022, the Company received the remaining results from the 2021 drill program within the Bob Corridor and the samples assayed from historic cores. The results confirmed historical drilling having similar grades and thicknesses occurring within Holes 21-17, 21-18, and 21-19. (See Figure 10).

This and previous work have provided evidence for the identification of a discovery referred to as the Bob Corridor carrying high-grade mineralization with dimensions of 270 meters in length in an east-west trend and at least 80 meters in depth based on drill intercepts. The mineralized zone is opened in all directions and at depth. (See Figures 10, 11 and 12)

Table 6 – Complete summary of highlight assay results from the Manicouagan Project

Hole ID	From (m)	To (m)	Width (meter)	Nickel%	Copper %	Cobalt %	Platinum g/t	Palladium g/t
07-03	24.24	24.46	0.22	9.49	0.07	0.45	1.170	7.880
07-04	21.42	22.47	1.05	0.23	0.02	0.02	0.143	0.268
And	24.27	24.94	0.67	2.39	0.84	0.15	1.287	5.990
07-05	42.28	42.9	0.62	3.03	0.33	0.09	1.925	4.425
07-06	47.86	48.67	0.81	1.79	0.79	0.06	1.460	3.170
07-09	23.16	23.55	0.39	0.53	0.07	0.05	0.120	4.700
07-10	24.69	24.9	0.21	1.04	0.47	0.09	0.200	0.640
07-17	51.4	53.44	2.04	1.98	0.48	0.09	2.053	6.204
07-20	52.3	53.06	0.76	0.40	0.15	0.06	0.818	3.970
07-21	54.19	55.11	0.92	0.42	0.47	0.05	0.082	0.125
07-25	15.77	16.06	0.29	0.61	0.71	0.70	<0.010	0.045
07-31	56.51	63.08	12.20	0.34	0.06	0.02	0.202	0.350
Incl	62.67	63.08	0.41	1.85	0.24	0.06	2.030	2.270
07-32	57.46	61.45	3.99	0.45	0.11	0.02	0.265	0.636
Incl	57.46	57.71	0.25	2.30	0.75	0.08	0.710	0.960
Incl	60.09	60.9	0.81	0.54	0.03	0.02	0.520	1.665
07-33	7.08	8.2	1.12	0.70	0.27	0.07	0.350	2.930
08-01	84.95	85.3	0.35	0.82	0.25	0.05	1.100	1.600
08-02	86.46	94.98	8.52	0.85	0.40	0.03	0.872	1.350
Incl	87.84	89.67	1.83	1.10	0.37	0.03	1.566	2.194
08-03	85.53	85.86	0.33	2.71	0.07	0.06	1.020	1.370
And	92.58	93.22	0.64	0.91	0.26	0.03	0.580	0.280
08-04	81.87	81.93	0.06	0.65	2.20	0.10	2.050	4.610
And	90.86	92.49	1.63	1.77	0.22	0.05	2.177	1.930
08-08	84.43	85.91	1.48	0.75	0.28	0.05	0.618	2.521
And	90	94.7	4.7	0.16	0.03	0.01	0.066	0.114
08-10	242.46	242.85	0.39	0.03	0.40	0.01	<5	<5
21-18	47	53	6	1.37	0.34	0.09	0.910	3.030
Incl	47.5	49.5	2.0	3.22	0.44	0.19	2.110	6.880

Table 7: Summary of low-grade nickel-cobalt-chromium intercepts from the Manicouagan Project

Hole ID	From (m)	To (m)	Width (meter)	Nickel%	Cobalt %	Chromium %	Magnesium %
07-02	30.13	50.00	29.87	0.13	0.007	0.13	12.5
07-08	8.00	14.50	6.50	0.17	0.01	0.28	15.7
And	52.00	88.00	36.00	0.16	0.01	0.22	15,8
And	94.80	99.00	4.20 *	0.16	0.008	0.14	15.6
07-17	48.00	57.00	9.00	0.66	0.04	NA	NA
07-26	15.23	32.00	16.77	0.13	0.01	0.18	NA
And	36.00	41.00	5.00	0.15	0.009	0.14	15.5
07-31	55.61	68.00	12.39	0.28	0.008	NA	NA
07-32	60.09	68.00	7.91	0.23	0.01	NA	NA
08-01	112.60	125.72	12.12	0.14	0.009	0.17	13.6
08-02	82.66	100.92	18.26	0.60	0.02	NA	NA
08-07	81.70	95.10	15.40	0.17	0.009	0.20	16.6
08-08	82.35	86.40	4.05	0.50	0.04	NA	NA
And	90.00	95.41	5.41	0.15	0.01	NA	NA
08-10	235.00	240.00	5.00	0.18	0.01	0.30	16.5
And	244.00	288.00	44.00	0.17	0.009	0.17	17.1
21-02	52.00	60.00	8.00	0.10	0.009	0.12	11.8
21-11	84.00	120.00	36.00	0.10	0.01	0.14	14.2
21-17	61.00	68.00	7.00	0.18	0.01	0.10	8.0
21-18	46.00	53.00	7.00	1.18	0.08	0.17	7.3

More importantly, the semi-massive to massive sulfide nature of the Bob mineralization suggests association with komatiites. The Electro-Magnetic (EM) anomalies are, in part, associated with these massive sulfide lenses which are highly deformed. Potential for a larger coherent body may exist within the Company’s large land holding.

• With new and old data and a better understanding of the property, the Company launched its 2022 drill campaign on November 21st. This phase of drilling was to test the western and eastern extensions of the Bob Zone along strike. (See Figure 14)

• In November 2022, the Company added 54 new claims to the Project through electronic map staking.
  
• In December 2022, the Company added 74 new claims to the Project through electronic map staking
  
  In Drill Hole MN22-03, inclined at -45 degrees, intersected the sulphide-rich zone at 7.9m to 14.5m, which confirms the proximity of the mineralization to the surface. The true width of the zone is unclear due to folding within the intersected zone. The contact shows a foliation angle of 50° and 70° and the folding within the mineralized zone suggests important structural complexity, typical of thickening in ductile host rocks. (See Figures 15 and 16)

Analysis shows that the mineralization is hosted in altered gabbro and ultramafic rocks consisting of massive to semi-massive to disseminated pyrrhotite, with nickel-copper-cobalt-platinum-palladium-rhodium mineralization. Arsenic is coincident with the PGEs and is believed to occur as gersdorffite and/or nickeline as the main nickel sulphide. Surrounding the sulphide- rich zones is a talc-sericite altered halo, which also contains disseminated mineralization.

Based on early logging and inspection of the cores from the first three holes, the Company’s geologists decided to retain the services of geophysicists to fly an airborne EM and magnetic survey that covered the entire claim block totaling roughly 3,360-line-kilometers.

The program’s first phase covered the active part of the Project at 25-meter spacing for 1,320 km-lines of High-Resolution EM and Mag survey. The second phase will target a larger area at 100m spacing. A second group of geophysicists was also contracted to conduct downhole geophysics in the most recent drill holes to test at depth and along strike. This work, coupled with the current drilling, will help vector in on the mineralized zones during the next phase, which was planned for the spring drilling campaign.

• Also In December of 2022, the Company increased the size of the claims block on the Manicouagan Project, adding 74 new claims for approximately 3,900 hectares (39km²) for a total of 388 claims, or 22,388 hectares (234km²).
  
  By the end of the 2022 drill campaign the Company had completed its 11-hole drill program for a total of 1,804 meters. All core was logged, photographed, split, and sent to ALS, Chemex laboratories in Val d’Or, Quebec, for assaying and will be reported when results are received.

As noted above, prior to the completion of drilling, the company flew a detailed airborne magnetic survey over the entire land package and initiated downhole Electro-Magnetic (EM) surveys concentrated on the drill holes within the Bob mineralized zone. This survey identified additional targets within and to the south of known mineralization, suggesting the presence of a deep intrusive body. (See Figure 17)

Upon completion of the close-spaced airborne magnetic survey, the Company’s contract geophysicist, Frank Fritz, was tasked with doing a full analysis on the property. During the assessment, Mr. Fritz identified unique features not previously defined (see Figure 17). The interpretation indicates a potential impact crater of an astrobleme on the eastern margin of the property. This feature is oval in shape and approximately 2.6 km by 3.5 km, as defined by its overall magnetic signature and the intense central magnetic feature.

Further to this interpretation, an elongated dome feature of the rocks immediately to the west is outlined by a second less dramatic magnetic response. This feature is approximately 5 km long by 2 km wide. The interpreted dome currently contains most of the nickel-copper-cobalt-PGE targets identified by the Company’s geologists and historically by others. Underlying and partially offset to the southwest of the dome, a possible deep intrusive is suggested as a source for the mineralized mafic rocks.

Given the Company’s geologic knowledge from past work, the geologic model for the Project has evolved. It is suspected that the astrobleme may be a fragment of the Manicouagan meteor. The trajectory calculated from the impact and doming was subvertical from east to west. The impact appears to have domed up the rocks to the west for over 5 km. Mineralization was injected either as part of the fragment or from depth within mafic and ultramafic sills or dikes, as identified in previous drilling. The inference of the dome is significant as it may mean that holes drilled in the past on the southern margin may have been oriented in the wrong direction, missing any near surface mineralization.

• In February 2023, 2 claims were transferred from a holder, at no cost to the Company.
  
• In March 2023, the Company resumed drilling and completed an additional six-hole program for 1,424 meters. Bringing the total for both programs finalized to 3,229 meters. The Company also announced that the next round of exploration would be led by Mr. George M. Yordanov, a Professional Geologist, who has agreed to join the team on-site to manage the project, logistics, complete logging, and other field-related duties.

Fall 2022 Drilling Results

In mid-May 2023, the results from the 2022 fall drill campaign were announced with over limit assays reported just a few days later. Highlights of the Project include Hole MN22-03 hitting 9.4 meters averaging 1.11% nickel, 0.56% copper, 0.035% cobalt, 0.97 g/t platinum, 1.54 g/t palladium, 0.023 g/t gold starting at 5.6m from surface. See the complete list of drill intercepts from the drill campaign below.

Drill hole results and descriptions

• Drill holes MN22-01 through MN22-05 tested the western extensions of the Bob Zone. Holes MN22-002, 003, and 004 encountered visible semi-massive to massive zones of sulfide mineralization within a broader zone of disseminated mineralization extending the Bob Zone another 20 meters to the west.
• Hole MN22-02 intersected a zone of 22 meters of 0.16% nickel, 0.01% cobalt, 0.16% chrome, 0.04 g/t platinum, 0.13 g/t palladium, and 15.2% magnesium, including 0.65% nickel, 0.185% copper, 0.048% cobalt, 0.4 g/t platinum, and 1.58 g/t palladium over one meter. This intercept is included within a 23-meter zone assaying. The hole is an offset of MN22-01 and starts at a depth of 17 meters. Hole MN22-01 appears to have been positioned in the footwall of the zone intersecting nine meters of 0.16% nickel, 0.01% cobalt, 0.16% chrome, 0.03 g/t platinum, 0.05 g/t palladium, and 16.2% magnesium.
• Hole MN22-03 intersected 9.4 meters averaging 1.11% nickel, 0.56% copper, 0.035% cobalt, 0.97 g/t platinum, 1.54 g/t palladium, 0.023 g/t gold starting at 5.6m from surface. The reported interval includes a one-meter section of 2.51% nickel, 1.635% copper, 0.064% cobalt, 2.34 g/t platinum, and 2.77 g/t palladium, as well as another grading 2.99% nickel, 1.13% copper, 0.06% cobalt, 3.06 g/t platinum, 1.98 g/t palladium, 0.04 g/t gold over 0.75 meters.
• MN22-04 intersected 2.51% nickel, 1.635% copper, 0.064% cobalt, 2.34 g/t platinum, and 2.77 g/t palladium over one meter occurring within a 6-meter zone averaging 0.49% nickel, 0.02% cobalt, 0.05% chrome, 0.03% copper, 0.41 g/t platinum, 0.50 g/t palladium, and 5.9% magnesium. The hole is an offset of MN22-03 and starts at a depth of six meters.
• Hole MN22-05 intersected an intermittent zone of weakly mineralized rock near surface over 17 meters grading 0.07% nickel, 0.01% cobalt, 0.09% chrome, 0.01 g/t platinum, 0.01 g/t palladium, and 8.7% magnesium.
• Holes MN22-06 through 09 were drilled in a north-south fence approximately 60 meters east of Holes MN21-17 and 18. MN22-006 through 008 didn’t encounter any significant ultramafic rocks or significant mineralization.
• Holes MN22-10 and 011 were drilled approximately 215 meters west of Hole MN22-05, testing a magnetic high. They were drilled off the same pad, which offset the magnetic high to the south by 100 meters. Both holes encountered thick intercepts of low-grade mineralization.
• MN22-010 intersected 78 meters grading 0.18% nickel, 0.011% cobalt, 0.2% chrome, 6% iron, 16.6% magnesium, 515 ppm arsenic, 0.01 ppm platinum, and 0.01 ppm palladium from 64 to 141 meters.
• Hole MN22-11 intersected 50 meters of 0.16% nickel, 0.01% cobalt, 0.17% chrome, 6% iron, 738 ppm arsenic, 0.008 ppm platinum, and 0.007 ppm palladium. Hole MN22-11 ended in two meters of similar grades from 145 to 147. This hole was continued to 231 meters in the 2023 Program. The Hole has been logged and is in the process of being cut and sent to the lab for analysis.

See Figures 13 & 14 for drill hole locations on maps.

The Bob Zone exploration drilling has confirmed high grades of nickel, copper, cobalt, and PGEs along an easterly trending fault zone traceable for up to 280 meters in length. The mineralization is hosted in altered gabbro (sericite-talc) and ultramafic rocks. The mineralization consists of massive pyrrhotite-nickel-copper-cobalt-platinum-palladium-rhodium-arsenic. This massive sulfide zone is mainly surrounded by a talc-sericite envelope which also hosts nickel, copper, cobalt, and PGEs without the iron content and is believed to be fed by a deep intrusive body to the south.

Additional work on the property will take advantage of the new EM and magnetic surveys and new understandings of the structure and surface geochemical targeting of arsenic. These advancements in understanding will provide vectoring in on further high grades of mineralization first identified in the Bob Zone. The Tom, Dernière Chance, and Sam areas stretch over a 5-kilometer corridor from the Bob Zone and have known mineralization at surface with multiple intercepts with similar grades and widths to Bob.

Upon the release of new information, this article will be updated

For more information on St-Georges Eco-Mining please visit https://stgeorgesecomining.com/

Information within this section of this document was sourced from

www.mrnfp.gouv.qc.ca/mines/index.jsp

https://sigeom.mines.gouv.qc.ca/signet/classes/I1108_afchCarteIntr

https://www.thenewswire.com/

https://insidexploration.com/wp-content/uploads/2021/03/01-MCH2007-08-MRN-Report.pdf

https://st-georgescorp.com/

https://sedar.com

https://www.stgeorgesecomining.com/

Disclosure

At the time of creation, St-Georges Eco-Mining is a client of Insidexploration Analytics Inc.

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