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Aurelius Minerals Inc.
Summary
| Project: | Aureus East | |
|---|---|---|
| Deposit: | Aureus East | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/1/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resource Definition | |
| Report details: | 1-6-2020: Aurelius Minerals Inc. announces a Supporting Acquisition report for its Aureus East deposit at the Aureus East project. Summary of property in support of acquisition. Aurelius Minerals Inc. (Aurelius) is a junior exploration company focused on | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gregory Mosher (Global Mineral Resource Services Ltd.) | |
| ABSTRACT: | Aurelius Minerals Inc. (Aurelius) is a junior exploration company focused on gold exploration in Canada. Aurelius has recently completed the acquisition of 2672403 Ontario Corp. (267 Ontario), owner of a 100% interest in the Aureus East Property (Property), previously known as the Dufferin Gold Project or East Dufferin. Effective May 29, 2020 Aurelius changed the name of 2672403 Ontario to Aureus Gold Inc. (Aureus Gold).The acquisition is pursuant to a master transaction agreement between Aurelius and Sprott Resource Lending Corp (Sprott). Aurelius has retained Global Mineral Resource Services (GMRS) to prepare this technical report, in compliance with National Instrument (NI) 43-101 and Form 43-101F1. The Aureus East gold property is located in Halifax County, in north-eastern Nova Scotia, approximately 140 kilometres by paved highway northeast of Halifax. The Property is approximately 1,068 hectares in area and comprises 66 mineral claims. The Property is 100% owned by Aureus Gold , a subsidiary of Aurelius Minerals Inc., through its recent acquisition of Aureus Gold Ontario from Sprott. The Property contains several historical gold mines. Geologically, Nova Scotia is divided into the Avalon Terrane to the north and the Meguma Terrane to the south, separated by the east-trending Minas Geofracture. The Meguma is allochthonous and docked against the Avalon (also allochthonous) during the Devonian-age Acadian Orogeny | |
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