Nuvau Minerals Corp is a Canadian metal exploration company that is focused on exploring mineral deposits in the Matagami region of Quebec. Nuvau entered an earn-in agreement with Glencore Canada to take over the prolific Matagami Mining Camp, which has a long history of mining and has produced nearly 60 million tonnes from 12 past mines. Upon completion of the earn-in, Nuvau will own 100% of the claim package, which spans over 2,400 claims and covers an area of over 1,250 square kilometers in the northern part of the Abitibi.
Nuvau's focus is on exploring critical minerals, particularly zinc and copper, and has several promising exploration targets across the Matagami property. The company will invest over $30 million in a 3-year aggressive exploration program to test and expand existing targets, follow up on potential targets identified by airborne geophysics, and explore areas of the property that are invisible to conventional geophysics due to the depth of the existing overburden. Nuvau also has existing resources that position it to become a producer in the near future, including three undeveloped ore bodies with defined resources of over 9 million tonnes.
Nuvau's experienced team of mining professionals has a deep understanding of the Matagami property, mineral exploration, and mine building and operation. With excellent existing infrastructure on the property, including a 4,000-tonne-per-day concentrator that was operated by Glencore until June 2022, Nuvau is well-positioned to become a producer with reduced initial capital requirements. The company's strategic focus on Quebec and its abundant mineral resources provides an ideal environment for Nuvau to thrive and take advantage of favorable mining conditions and a strong investment climate.
Company Details
- Employees
- 3
- Founded
- -
- Industry
- Mining
- NAICS
-
Mining (except Oil and Gas)
- Website
- http://www.nuvauminerals.com
- Keywords
- Director | M.Sc.
Nuvau Minerals Inc. Questions
Nuvau Minerals Inc.'s website is http://www.nuvauminerals.com
Nuvau Minerals Inc.'s LinkedIn profile is https://www.linkedin.com/company/nuvau-minerals-corp
Nuvau Minerals Inc. has
3 employees.
View email and phone details for 3
employees at Nuvau Minerals Inc..
Nuvau Minerals Inc.'s industry is
Mining
Nuvau Minerals Inc.'s top competitors are
Abitibi Metals Corp,
Mammoth Underground,
Probe Gold Inc.,
Magna Mining Inc.,
Soquem Inc.,
Aeris Resources Limited,
Tartana Minerals Limited,
Sendero Resources,
Paycore Minerals Inc.,
Niobay Metals Inc..
Nuvau Minerals Inc.'s categories are Mining
Nuvau Minerals Inc.'s founding year is 2022
