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Transaction Announcement Reports
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Project: | Champ | |
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Deposit: | Champ | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 2/27/2018 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 27-2-2018: 92 Resources Corp. announces a Supporting Acquisition report for its Champ deposit at the Champ project. Technical report in support of acquisition and listing on CSE. This report was commissioned by 66 Resources Corp. (or the “Company”) and pr | |
Resources: | x | |
CP/QP: | [Overall Report]: Derrick Strickland (Independent) | |
ABSTRACT: | This report was commissioned by 66 Resources Corp. (or the “Company”) and prepared by Derrick Strickland, P. Geo. As an independent professional geologist, the author was asked to undertake a review of the available data, and recommend, if warranted, specific areas for further work on the Champ Property (or the “Property”). This technical report was prepared to support an initial public offering and property acquisition on the Canadian Stock Exchange. The author visited the Champ Property on October 4, 2017. The Champ Property claim consists of four non-surveyed contiguous mineral claims totalling 1054.63 hectares located on NTS maps 82F04 centered at Latitude 49° 14’ 30” N Longitude -117° 36’ 53” W. An agreement dated August 24, 2017(“Agreement) between 66 Resources Corp. and Barrie Field-Dyte (the 100% registered owner) states that 66 Resources Corp. may gain a 100% undivided interest in two of the four claims from Barrie Field-Dyte through the issuance of 300,000 shares and a payment of $10,000 CDN within 15 days after 66 Resources Corp. trading on the CSE Exchange. Two additional claims were staked by 66 Resources Corp. which are included in the Champ Property and governed by the terms of the Agreement The Champ Property is located in the Rossland-Nelson map area which is within the Omineca belt. Included in this belt are the North American terrane rocks include the Middle Proterozoic Windermere Supergroup and overlying Lower Cambrian Quartzite Range and Reno formations located in the southeast corner of the map area | |
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