Virginia Mines Inc. is engaged in the business of acquiring and exploring mining properties. The Lac Pau property is located in the huge James Bay region, in the northern part of the Caniapiscau reservoir. The Poste Lemoyne Extension project is located in the James Bay area, province of Quebec. The Nichicun property is owned 100% par it and consists of 410 designated claims for total surface area of 20,640.8 hectares. The Anatacau-Wabamisk project consists of 1,107 designated claims totalling 58,182.89 hectares. The Ashuanipi property consists of 596 claims covering 30,371.12 hectares. The Eleonore Regional property consists of 886 map-designated claims totaling 46,326.32 hectares and is owned 100% by it. The Baie Payne property consists of 471 claims totalling 18,890.07 hectares. The Baie Payne property covers four important mafic/ultramafic complexes (Kyak, Qarqasiaq, Chaunet Est and Chaunet Ouest).