The crater is exposed to the surface, rising above the surrounding tundra and is deep. The deep Pingualuk Lake fills the hollow, and is one of the deepest lakes in North America. The lake also holds some of the purest fresh water in the world, with a salinity level of less than 3 ppm. The lake has no inlets or apparent outlets, so the water accumulates solely from rain and snow and is lost only through evaporation. It is one of the most transparent lakes in the world, with a Secchi disk visible more than deep.
Formation
The crater was formed by a meteorite impact 1.4 Ma, as estimated by 40Ar/39Ar dating of impact melt rocks. An analysis of these rocks also revealed planar deformation features as well as the composition of the meteorite itself. The Ir, Ni, Co and Cr enrichments found in impact melt samples suggest that the meteorite was chondritic in nature.
Discovery
Largely unknown to the outside world, the lake-filled crater had long been known to local Inuit who knew it as the "Crystal Eye of Nunavik" for its clear water. World War II pilots often used the almost perfectly circular landmark as a navigational tool. On June 20, 1943, a United States Army Air Force plane on a meteorological flight over the Ungava region of Quebec Province took a photograph that showed the wide crater rim rising up above the landscape. In 1948 the Royal Canadian Air Force covered the same remote area as part of its program of photomapping Canada, however these photographs were not made publicly available until 1950. In 1950, Ontario diamond prospector Frederick W. Chubb became interested by the strange terrain shown in the photographs and sought the opinion of geologist V. Ben Meen of the Royal Ontario Museum. Chubb hoped that the crater was that of an extinct volcano, in which case the area might contain diamond deposits similar to those of South Africa. However, Meen's knowledge of Canadian geology tentatively ruled out a volcanic origin. Meen subsequently made a brief trip by air to the crater with Chubb in 1950; it was on this trip that Meen proposed the name "Chubb Crater" for the circular feature and "Museum Lake" for the irregular body of water about north of the crater. Following his return, Meen organized a proper expedition with the cooperation of the National Geographic Society and the Royal Ontario Museum. They travelled to the site in a PBY Catalina flying boat in July 1951, landing on nearby Museum Lake. Attempts to find fragments of nickel-iron from the meteorite using mine detectors lent by the US Army were unsuccessful due to the area's granite containing high levels of magnetite. A magnetometer survey did find a magnetic anomaly under the crater's northern rim, however, indicating that a large mass of metal-bearing material was buried below the surface. Meen led a second expedition to the crater in 1954. That same year its name was changed to "Cratère du Nouveau-Quebec" at the request of the Quebec Geographic Board. An expedition led by James Boulger in 1986 collected a small sample from area surrounding the New Quebec crater. Petrographic analysis of this sample was conducted at the Havard – Smithsonian Center for Astrophysics and reported to 51st Meteoritical Society in 1988 by Ursula Marvin and David Kring. Boulger returned to the area that summer, along with a research party led by M. A. Bouchard of the University of Montreal. Three years later Canadian geologist Richard A. F. Grieve listed New Quebec among the 130 known terrestrial impact craters. The next year Marvin and Kring documented the petrographic analysis of two impact melt samples collected within the crater rim. They presented evidence of shock metamorphism, which is consistent with similar impact crater sites. In 1999, the name was again changed, to "Pingualuit". The crater and the surrounding area are now part of Pingualuit National Park created on January 1, 2004.
2007 expedition
Professor Reinhard Pienitz of Laval University led a 2007 expedition to the crater which extracted sediment cores from the bottom of the lake which were filled with fossil pollen, algae, and insect larvae. It was hoped that these finds would yield information about climate change dating back to the last interglacial period120,000 years ago. Preliminary results show that the upper 8.5 m sediment core contains records of two interglacial periods.
