New Bidlamaque, Val d’Or

Recently, C2C Inc. and Canadian Royalties Inc. announced that the Phase I diamond drilling program is underway at the New Bidlamaque Gold Prospect. The New Bidlamaque gold property is located 5 km east of the town Val-d'Or (Quebec). The Val-d'Or area is well-known for its gold potential and has produced to date more than 15 million ounces of gold. New Bidlamaque is located halfway between the Sigma-Lamaque gold mine (Century Mining) and the preproduction gold site of Lac Herbin (Alexis Minerals). The New Bidlamaque property is predominantly underlain by rocks of the Jacola Formation with the exception of the northeast corner which is underlain by the Bourlamaque Batholith (granodiorite).

The property hosts the New Bidlamaque goldcopper occurrence (veins no.1 and no.2) which has a historical(1) mineral resource of 193,000 tonnes at 5.8 g/t Au and 1.2% Cu (source: Ministere des ressources naturelles compilation map 1977, historical resources are non-compliant with Regulation 43- 101(1)). The gold-copper mineralization at New Bidlamaque occurs in a shear zone hosting quartz-carbonate veins carrying pyrrhotite, pyrite and chalcopyrite.

> See the press release