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79North Ltd.
Summary
| Project: | Sela Creek | |
|---|---|---|
| Deposit: | Sela Creek | |
| Location: | Suriname | |
| Commodities: | Gold | |
| Date: | 9/24/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-9-2019: 79North Ltd. announces a Supporting Acquisition report for its Sela Creek deposit at the Sela Creek project. Summary of property in support of IPO. This technical report for the Sela Creek project was prepared by consulting geologist and Qualif | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Richard Crissman (Capps Geoscience, LLC) | |
| ABSTRACT: | This technical report for the Sela Creek project was prepared by consulting geologist and Qualified Person (QP) Richard C. Capps at the request of a private company, 79North Ltd. (“79North”), and Dr. Capps takes responsibility for all sections of this technical report. This technical report is written in compliance with disclosure and reporting requirements set forth in the Canadian Securities Administrator’s National Instrument 43-101. This report presents the results of both historic and recent exploration. The purpose of this technical report is to provide a summary of scientific and technical information concerning mineral exploration activities at the Sela Creek concession and to suggest additional gold exploration. 79North intends to seek investment funds and to pursue an initial public offering. This current technical report establishes a summary of historic data and recommends a Phase 1 exploration program as a continuation of earlier exploration with a goal of developing a Phase 2 core drilling program whereby the Phase 2 exploration is contingent on positive results from Phase 1. The Sela Creek project is in a relatively early phase of exploration and no mineral resource or reserve estimates are disclosed in this report. | |
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