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Accend Capital Corp.
Summary
| Project: | Silverside | |
|---|---|---|
| Deposit: | Silverside | |
| Location: | Canada | |
| Commodities: | Cobalt-Copper-Silver | |
| Date: | 10/3/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-10-2017: Accend Capital Corp. announces a Supporting Acquisition report for its Silverside deposit at the Silverside project. Summary of property in support of acquisition. Accend Capital Corporation (Accend) has retained Agnerian Consulting Ltd. (Agner | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Hrayr Agnerian (Agnerian Consulting Ltd.) | |
| ABSTRACT: | Accend Capital Corporation (Accend) has retained Agnerian Consulting Ltd. (Agnerian) to prepare a NI 43-101 Technical Report on the Silverside property. The purpose of this report is to provide an independent assessment of the potential for cobalt mineralization within the Silverside property, situated approximately 30 km northwest of the Town of Cobalt, Ontario. This report conforms to NI 43-101 Standards of Disclosure for Mineral Projects. Agnerian visited the project area on May 26, 2017. Accend is a publically listed Canadian Capital Pool Company (CPC) on the NEX Board of the TSX Venture Exchange (TSX-V), with its office in Vancouver, British Columbia. The company plans to use this Technical Report as Qualifying Transaction for its Filing Statement and in support for a listing as a Tier 2 company on the TSX-V. On May 25, 2017, Accend signed an agreement with Caamo Capital Corp. and Mr. Gino Chitaroni (Vendors) to acquire a 100% interest in four claims covering 336 ha for total cash payments of $200,000 and issuing 200,000 shares in the capital of Accend to the Vendors On May 31, 2017, Accend entered into another agreement with Gino Chitaroni to acquire eleven additional claims totalling 2,400 ha, adjacent to the original four claims, in Lundy, Auld, Barr, and Klock Townships from the Vendors, for total cash payments $175,000 and issuing 200,000 shares in the capital of Accend to Mr. Chitaroni. For this second agreement, a cash payment of $25,000 is non-refundable. For this Technical Report, the claims under these two agreements are considered to constitute one property. | |
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