Flagship Projects
Shellbird
Strategically located, generative gold project located along a major gold-bearing structure
Location
Western Newfoundland
Size
30,650 ha
Stage
Grassroots
Deposit Type(s)
Orogenic Au
Overview and Location
The Shelllbird Project, acquired via staking, is located in western Newfoundland and comprises 5 mineral licences totaling 30,650 hectares that are located along the projection of the regional-scale Doucer’s Valley Fault Zone (“DVFZ”). The DVFZ and the underlying Proterozoic plutonic rocks are a favourable environment for hosting orogenic gold mineralization, similar to the Thor and Rattling Brook deposits of the Great Northern Gold Project located 30 kilometres to the northwest of Shellbird.

Figure 1: A map showing the location of the Shellbird Project, the projection of the Doucer’s Valley Fault Zone, the adjacent Great Northern and Gold Valley projects, and major gold occurrences in the region.
Project Highlights
- The Project covers a 35-kilometre extent of the regional-scale Doucer’s Valley Fault Zone and associated fault splays;
- Strategically positioned 30 kilometres along strike from the Great Northern Gold Project in the same geological environment known to host orogenic gold mineralization;
- Historic (ca. 1997) rock grab samples* from grassroots prospecting assaying up to 2.33 g/t gold with no follow-up;
- Government lake sediment samples with assays up to 9 ppb gold marking a strong regional geochemical anomaly;
- Largely road accessible and 10 kilometres north of the town of Deer Lake; and
- Located adjacent to Magna Terra’s Humber Copper-Cobalt Project, providing operational efficiencies.
Geology
The Project is largely underlain by Proterozoic rocks of the Long Range Inlier, a suite of felsic to mafic intrusive rocks that include the Long Range Gneiss Complex and younger Grenville-aged granitoids, and is bound by the regional-scale DVFZ and unconformably overlain by Carboniferous sedimentary rocks of the Deer Lake Basin to the east. To the southwest, the Long Range Inlier is overlain by Cambrian clastic sedimentary rocks of the Labrador Group (Bradore, Forteau, and Hawke Bay formations) and Ordovician carbonate sedimentary rocks of the Port Au Port Group (March Point and Petit Jardin formations). The rocks are variably deformed, and there is evidence from satellite imagery of multiple fault splays affecting rocks of the Long Range Inlier (Owen, 1990, 1991).
This geological environment is known to host gold mineralization along strike to the northeast at the Great Northern Gold Project and Fishhawk Gold Corp’s Gold Valley Project, where gold mineralization is present in several deposits including the Thor and Rattling Brook (Beaver Dam, Road and Apsy Zones) deposits, and the Ladyslipper Zone, respectively. These mesothermal orogenic gold deposits are hosted within rocks of the Long Range Inlier or overlying Labrador Group sedimentary rocks adjacent to the DVFZ and up to several kilometres from the DVFZ along secondary or tertiary fault splays.
Historical Exploration Results
There has been little exploration for gold within the area surrounding the Shellbird Gold Project, despite the successful discovery of gold mineralization along strike at the Thor and Rattling Brook deposits on the Great Northern Gold Project. Much of the previous exploration on the Project has focused on uranium exploration in the adjacent Carboniferous Deer Lake Basin and, more recently, exploration for magmatic Ni-Cu sulphides by Churchill Resources Inc. within the Long Range Inlier.
Prospecting and Rock Sampling
A limited amount of prospecting and rock sampling has been completed on the Project with a total of 93 rock float and outcrop grab samples* collected during 1996, 1997, 2007, and 2009. Rock sampling* by prospectors in 1997 discovered gold mineralization assaying up to 2.33 g/t and 0.61 g/t gold in the central part of the property (Figure 2). All other samples assayed less than 100 ppb gold (Tipton, 1997; Geofile 012H/1384)**. There are several pathfinder elements within the sample dataset of significance for gold exploration, with copper assays ranging from <1 ppm to 2,320 ppm copper, with 5 of the samples assaying over 500 ppm copper; and silver assays ranging from <0.1 g/t up to 8.6 g/t silver, with 5 of the samples assaying over 2.5 g/t silver. Rock samples on the property were typically of granite float with variable amounts of quartz veining and disseminated pyrite mineralization.
The results of limited prospecting to date support the potential of the area to host orogenic gold mineralization, and follow-up prospecting and exploration are warranted.
Lake Sediment Sampling
The Shellbird Gold Project was initially acquired based on the results of regional lake sediment sampling by the government, where lakes within the property have regionally anomalous gold values up to 9 ppb gold (Figure 2). Of the 39 lake sediment samples within the property area, gold values range from <1 ppb to 9 ppb gold with 6 of the 39 samples assaying over 4 ppb gold (Davenport et al., 1996).
Stream Sediment Sampling
Stream sediment sampling (106 samples) by Churchill Resources Inc. in 2022 resulted in the identification of 5 locations with 1 gold grain in each sample (2 pristine, 2 reshaped and 1 modified; Figure 2; report 012H/11/2446). Although the sampling method was designed to focus on the identification of Ni-Cu related sulphide mineralization, the identification of these gold grains, particularly pristine grains, in the southwest corner of the property is encouraging for the area to host orogenic gold mineralization.

Figure 2: A map showing the regional geology underlying the Shellbird Project, gold-bearing historical rock grab samples, lake sediment samples, and stream sediment samples.
Adjacent Properties and Mineral Resources
The adjacent Great Northern Gold Project is host to significant current and historical mineral resources, including:
- ^At the Thor Deposit, an updated open-pit constrained Indicated Mineral Resource Estimate of 817,000 tonnes at an average grade of 1.70 g/t gold for 45,000 ounces and open-pit constrained Inferred Mineral Resources of 44,000 tonnes at an average grade of 1.27 g/t gold for 1,800 ounces at a cut-off grade of 0.46 g/t gold at the Thor Deposit. The Thor Deposit also includes underground constrained Indicated Mineral Resources of 62,000 tonnes at an average grade of 2.98 g/t gold, containing 5,900 ounces, and underground constrained Inferred Mineral Resources of 23,000 tonnes at an average grade of 3.31 g/t gold, containing 2,400 ounces at a cut-off grade of 2.14 g/t gold; and
- ^^At the Rattling Brook Deposit, a historic Inferred Mineral Resource Estimate of 5,460,000 tonnes at an average grade of 1.45 g/t gold containing 255,000 contained ounces at a cut-off grade of 1.0 g/t gold at the Rattling Brook Deposit.
Technical Reports and Documentation Notes
The technical content of this website has been reviewed and approved by David A. Copeland, P.Geo., Vice President, Exploration with Magna Terra Minerals Inc., a non-independent “Qualified Person”, under National Instrument 43-101 – Standards for Disclosure for Mineral Projects.
All quoted historic rock sample results were compiled from historic assessment and government reports obtained from the Government of Newfoundland and Labrador. The Qualified Person has not completed sufficient work to validate these historic results.
*Grab samples are selective by nature and may not represent the true metal content of the mineralized zone.
**Report of Prospecting Activity on the Mahoney, Tipton, Gough Property off Adie’s Pond Road off Cormack Highway, Humber District. Licences 5045M and 5046M. Geofile 012H/1384.
^The Thor Deposit Updated Mineral Resource Estimate quoted in this press release refers to the technical report: “NI 43‐101 Technical Report For Great Northern Project White Bay Area, Newfoundland, Canada Mineral Resource Estimate For The Thor Deposit”, with an effective date of July 12, 2024, and authored by Independent Qualified Persons Matthew Harrington, P.Geo. and Rochelle Collins, P.Geo.
^^The historic Mineral Resources referenced in this press release regarding the Great Northern Project refer to the technical report: “NI 43-101 Technical Report and Updated Mineral Resource Estimate on the Rattling Brook Gold Deposit, Great Northern Project, White Bay Area, Newfoundland, Canada”, with an effective date of January 23, 2019, and authored by Matthew Harrington, P.Geo. (Independent Qualified Person) and Michael Cullen, P.Geo. (Independent Qualified Person).
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. Mineral Resources were prepared in accordance with the CIM Definition Standards (May 2014) and the CIM MRMR Best Practice Guidelines (November 2019).
