Orbec Drills Over 2,000 Meters at Muus Gold Property in Chibougamau, Quebec

Mines d’Or Orbec (BLUE) completed a 2,000+ meter drilling campaign at its Muus property in Quebec’s Abitibi Greenstone Belt, focusing on the Lac Bernard area. Drill holes intersected silicified and pyrite-bearing zones, geological indicators of gold mineralization. The property is near IAMGOLD’s Nelligan Deposit. The company awaits assay results in approximately 6 weeks. Additionally, Orbec granted stock options for 4,150,000 common shares at $0.06 per share, expiring July 11, 2030.

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Mines d’Or Orbec (TSXV: BLUE) (OTC: BLTMF) has completed a significant 2,000+ meter diamond drilling campaign at its wholly-owned Muus property in Quebec’s Abitibi Greenstone Belt. The campaign focused on the Lac Bernard area, with key drill holes MUUS25-23 and MUUS25-19 intersecting multiple silicified and pyrite-bearing zones.

The property is strategically located along the Guercheville Deformation Zone (GDZ), near IAMGOLD’s Nelligan Deposit which hosts 3.1 million ounces of indicated gold resources and 5.1 million ounces of inferred gold resources. The company expects assay results in approximately 6 weeks.

Additionally, Orbec announced a stock option grant of 4,150,000 common shares at $0.06 per share, expiring July 11, 2030.

Mines d’Or Orbec (TSXV: BLUE) (OTC: BLTMF) ha completato una significativa campagna di perforazione diamantata di oltre 2.000 metri nella sua proprietà interamente controllata Muus, situata nella cintura di rocce verdi di Abitibi in Quebec. La campagna si è concentrata sull’area di Lac Bernard, con i fori di sondaggio chiave MUUS25-23 e MUUS25-19 che hanno intercettato più zone silicificate e contenenti pirite.

La proprietà è situata strategicamente lungo la Zona di Deformazione Guercheville (GDZ), vicino al deposito Nelligan di IAMGOLD, che ospita 3,1 milioni di once di risorse aurifere indicate e 5,1 milioni di once di risorse aurifere inferite. L’azienda prevede di ricevere i risultati delle analisi tra circa 6 settimane.

Inoltre, Orbec ha annunciato una concessione di opzioni su azioni per 4.150.000 azioni ordinarie al prezzo di 0,06$ per azione, con scadenza il 11 luglio 2030.

Mines d’Or Orbec (TSXV: BLUE) (OTC: BLTMF) ha completado una significativa campaña de perforación diamantina de más de 2.000 metros en su propiedad Muus, de propiedad total, ubicada en el Cinturón de Rocas Verdes de Abitibi en Quebec. La campaña se centró en el área de Lac Bernard, con los taladros clave MUUS25-23 y MUUS25-19 intersectando múltiples zonas silicificadas y con pirita.

La propiedad está estratégicamente ubicada a lo largo de la Zona de Deformación Guercheville (GDZ), cerca del depósito Nelligan de IAMGOLD, que contiene 3,1 millones de onzas de recursos indicados de oro y 5,1 millones de onzas de recursos inferidos de oro. La compañía espera los resultados de los ensayos en aproximadamente 6 semanas.

Además, Orbec anunció una concesión de opciones sobre acciones de 4.150.000 acciones comunes a 0,06$ por acción, con vencimiento el 11 de julio de 2030.

Mines d’Or Orbec (TSXV: BLUE) (OTC: BLTMF)는 퀘벡의 아비티비 그린스톤 벨트에 위치한 전액 소유한 Muus 광산 부지에서 2,000미터 이상의 다이아몬드 시추 캠페인을 완료했습니다. 이번 캠페인은 Lac Bernard 지역에 집중되었으며, 주요 시추공 MUUS25-23과 MUUS25-19에서 여러 규산화 및 황철석 함유 구간이 확인되었습니다.

이 부지는 IAMGOLD의 Nelligan 광산 근처의 Guercheville 변형대(GDZ)를 따라 전략적으로 위치해 있으며, 해당 광산에는 310만 온스의 확인된 금 자원과 510만 온스의 추정 금 자원이 있습니다. 회사는 약 6주 후에 분석 결과를 받을 것으로 예상하고 있습니다.

또한 Orbec는 415만 주의 보통주 스톡 옵션을 주당 0.06달러에 부여했으며, 만료일은 2030년 7월 11일입니다.

Mines d’Or Orbec (TSXV : BLUE) (OTC : BLTMF) a achevé une importante campagne de forage diamanté de plus de 2 000 mètres sur sa propriété Muus, entièrement détenue, située dans la ceinture de roches vertes d’Abitibi au Québec. La campagne s’est concentrée sur la zone de Lac Bernard, avec les forages clés MUUS25-23 et MUUS25-19 interceptant plusieurs zones silicifiées et contenant de la pyrite.

La propriété est stratégiquement située le long de la zone de déformation Guercheville (GDZ), près du gisement Nelligan d’IAMGOLD, qui contient 3,1 millions d’onces de ressources aurifères indiquées et 5,1 millions d’onces de ressources aurifères présumées. La société s’attend à recevoir les résultats des analyses dans environ 6 semaines.

Par ailleurs, Orbec a annoncé une attribution d’options d’achat d’actions de 4 150 000 actions ordinaires au prix de 0,06 $ par action, expirant le 11 juillet 2030.

Mines d’Or Orbec (TSXV: BLUE) (OTC: BLTMF) hat eine bedeutende Diamantbohrkampagne von über 2.000 Metern auf seinem vollständig im Besitz befindlichen Muus-Gelände im Abitibi Greenstone Belt in Quebec abgeschlossen. Die Kampagne konzentrierte sich auf das Gebiet Lac Bernard, wobei die wichtigen Bohrlöcher MUUS25-23 und MUUS25-19 mehrere silifizierte und pyritführende Zonen durchteuften.

Das Grundstück liegt strategisch entlang der Guercheville-Deformationszone (GDZ), in der Nähe der Nelligan-Lagerstätte von IAMGOLD, die 3,1 Millionen Unzen angezeigte Goldressourcen und 5,1 Millionen Unzen vermutete Goldressourcen beherbergt. Das Unternehmen erwartet die Analyseergebnisse in etwa 6 Wochen.

Zusätzlich kündigte Orbec eine Aktienoptionszuteilung von 4.150.000 Stammaktien zu 0,06 $ pro Aktie mit Ablaufdatum 11. Juli 2030 an.

Positive

  • Strategic location near IAMGOLD’s multi-million ounce Nelligan Deposit
  • Dominant land position of 25,000 ha in prolific Abitibi Greenstone Belt
  • Drilling program completed within time and budget
  • Presence of geological indicators associated with gold mineralization (silicification, pyrite, fuchsite)

Negative

  • All assay results still pending with 6-week wait time
  • No confirmed gold mineralization values yet from current drilling campaign





07/14/2025 – 10:31 AM

Brossard, Quebec – Mines d’Or Orbec Inc. (TSXV: BLUE) (OTC Pink: BLTMF) is making headlines today after announcing the completion of a 2,000+ meter diamond drilling campaign at its wholly-owned Muus property, situated in Quebec’s prolific Abitibi Greenstone Belt. The company is currently awaiting assay results, expected to arrive in approximately six weeks, which could further validate the property’s potential for gold mineralization.

The drilling program, focused on the Lac Bernard area, revealed encouraging geological indicators. Key drill holes MUUS25-23 and MUUS25-19 intersected multiple zones exhibiting silicification and pyrite, geological features often associated with gold deposits.

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Location, Location, Location: Orbec’s Strategic Advantage

What’s piquing investor interest is Muus’s strategic positioning along the Guercheville Deformation Zone (GDZ), a major geological structure known for hosting gold deposits. Notably, IAMGOLD’s Nelligan Deposit, boasting 3.1 million ounces of indicated and 5.1 million ounces of inferred gold resources, lies a mere 27 kilometers to the east, also along the GDZ. Orbec’s robust land package of approximately 25,000 hectares within the Abitibi greenstone belt, one of Canada’s most productive gold regions, further adds to its discovery potential.

Spring Drilling Campaign: Promising Early Signs

Orbec targeted lineaments identified by a high-resolution drone magnetic survey conducted earlier this year. Drilling in the Lac Bernard area, the primary focus of the spring campaign, hit several geological jackpots:

  • The results bolster comparisons with nearby major gold systems, particularly IAMGold’s Nelligan Discovery, which holds a significant mineral resource. (Note: While the Nelligan Deposit is providing geological context, Orbec clarifies that mineralization on that property does not necessarily indicate similar mineralization on the Muus property.)
  • Drill holes MUUS25-23 and MUUS25-19 displayed “hallmarks of gold mineralization” – specifically, multiple silicified and pyrite-bearing zones.
  • The presence of fuchsite, a mineral frequently found with gold-bearing systems, strengthens the potential for a substantial mineralized environment.
  • The drills encountered a thick, competent sedimentary unit (siltstone) displaying strong veining of grey quartz.

John Tait, President and CEO of Orbec, expressed confidence in the Muus property’s potential: “These results confirm our belief in the untapped potential of the Muus property… We are very excited by the scale of the opportunity.”

Executive Compensation: Option Grant

In addition to exploration updates, Orbec also announced the grant of stock options to officers, directors, and consultants, allowing the purchase of up to 4,150,000 common shares at a price of $0.06 per share. These options will vest on July 11, 2030.

The stock is currently trading on the TSXV under the ticker BLUE and on the OTC Pink under BLTMF. All eyes will be on those assay results expected early September to see if they validate the early promise of the Muus property.




FAQ

What were the key findings from Orbec’s (BLTMF) 2025 drilling campaign at Muus property?

The drilling campaign intersected multiple silicified and pyrite-bearing zones in key drill holes MUUS25-23 and MUUS25-19, with the presence of fuchsite and grey quartz veining. However, assay results are still pending.

How close is Orbec’s Muus property to IAMGOLD’s Nelligan Deposit?

The Muus property is located 27 kilometers west of IAMGOLD’s Nelligan Deposit along the Guercheville Deformation Zone (GDZ).

What is the size of Orbec’s land position in the Abitibi Greenstone Belt?

Orbec holds a dominant land position of approximately 25,000 hectares in the Abitibi Greenstone Belt.

What stock options did Orbec grant in July 2025?

Orbec granted 4,150,000 stock options to Officers, Directors, and Consultants at an exercise price of $0.06 per share, expiring July 11, 2030.

When will Orbec receive the assay results from its Spring 2025 drilling campaign?

Orbec expects to receive the assay results from the independent laboratory in approximately 6 weeks, around early September 2025.

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