SRQ Resources: Mineral Rights Restored at Lac Brulé's Target 900

Core Viewpoint - SRQ Resources Inc. has reached an agreement with Québec's Ministry of Natural Resources and Forests to lift the temporary suspension of mineral rights below a biological refuge, allowing the company to proceed with exploration activities while ensuring the protection of above-ground biodiversity [1][4]. Company Developments - The company holds a drilling permit for Target 900, which covers the entire prospective area, and has identified additional target sectors within a 15-kilometer radius through gravimetry and electromagnetic surveys [2][4]. - An "Autorisation de Travaux à Impact" (ATI) has been issued for an area of 13.6 km² surrounding Target 900, enabling the company to conduct exploration work [6]. - Target 900 is characterized by a significant gravitational anomaly measuring 3 km by 2 km, starting 600 meters below the surface, and is aligned with an airborne EM conductor starting 500 meters below the surface [6][7]. Mineralization Potential - The geophysical characteristics of Target 900 suggest considerable prospectivity for copper and nickel mineralization both at depth and laterally [4][8]. - Recent drilling results from borehole LB-24-29 intersected several mineralized zones, including 1.51 meters at 0.42% copper and 0.25% nickel, indicating the mineralized potential of the entire system [10]. Regional Context - The Lac Brulé property, where Target 900 is located, is situated 50 kilometers west of the former Renzy Cu-Ni mine and is part of a larger exploration area of over 300 km² [12][15]. - Ongoing geological mapping has outlined a large intrusive magmatic complex, which enhances the mineral exploration appeal of the region [9].