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4

Chibougamau Mining Camp - Background

Located near town of

Chibougamau, Quebec, 500km

north of Montreal

Accessible by paved highway,

rail, scheduled and air charter

7,500 population, long mining

history

First gold/copper discoveries in

the early 1900s

Serious mine development

began in early 1950s

Lac Doré Complex has produced

47.6 million tons ore containing

1.6 billion pounds of copper and

3.2 million ounces of gold

CBay owns 75% of the camp