According to the company, the Bateman property hosts potential for large tonnage low grade gold and nickel-cobalt platinum group metals (PGM) deposits.

Preliminary work is currently underway at Bateman and early results are strongly positive, the company said.

The first task executed was to verify the gold mineralization reported earlier in an extensive Timiskaming polymictic conglomerate unit.

The other target on the Bateman property is composed of nickel, cobalt and PGM mineralization associated with ultramafic rocks in contact to argillites.