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Altum Resource Corp.
Summary
| Project: | Adam West | |
|---|---|---|
| Deposit: | Adam West | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 12/12/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-12-2019: Altum Resource Corp. announces a Supporting Acquisition report for its Adam West deposit at the Adam West project. Summary of property in support of acquisition. The Adam West Property (the “Adam West Property” or the “Property”) is located ab | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Hardolph Wasteneys (Bravewolf Consulting) | |
| ABSTRACT: | The Adam West Property (the “Adam West Property” or the “Property”) is located about 60 kilometers (‘km”) northwest of Campbell River and 15 km southwest of Sayward on Vancouver Island, British Columbia. It constitutes 5 contiguous mineral claims numbered 1049417, 1057922, 1057924, 1057941, and 1058977 amounting to 3097.6 hectares in the British Columbia Mineral Title Online cell system which lists Richard John Billingsley as the sole owner of each. The center of the Property, located at a cell claim corner, is at 50° 16’ 29” N latitude by 126° 03’ 5” W longitude or in UTM Zone 9 coordinates, 710084 E and 5573344 N in the NAD83 datum. There are no other adjoining claims. The Adam West Claims straddle the Upper Adam River south of British Columbia Highway 19 for about 9 km, and are readily accessible on a network of active Forest Service Roads (Figure 1). The Property is the subject of a Property option agreement between Altum Resource Corp. (“Altum” or the “Optionee”) and Richard Billingsley and Gaye Richards (the “Vendors”) dated April 2, 2019 (the “Property Option Agreement”). This technical report is written for the purpose of supporting an Initial Public Offering (“IPO”) by Altum. | |
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