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Aurelius Minerals Inc.
Summary
| Project: | Lipton | |
|---|---|---|
| Deposit: | Lipton | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/30/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-1-2017: Aurelius Minerals Inc. announces a Supporting Acquisition report for its Lipton deposit at the Lipton project. Due Diligence technical report summarising property. Aurelius Minerals Inc. (“Aurelius”) is a publicly traded company, currently list | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Scott Zelligan (Independent) | |
| ABSTRACT: | Aurelius Minerals Inc. (“Aurelius”) is a publicly traded company, currently listed on the NEX board of the TSX Venture Exchange. In October 2016 Scott Zelligan, B.Sc., P.Geo., was commissioned to complete a due diligence technical report of the Lipton Claim Group (the “Project”), located in the District of Cochrane in north-eastern Ontario, in order to establish it as a material property of merit. The Project is located approximately 150 kilometres north-east of Cochrane, Ontario (N.T.S 32E/13) near the border between Ontario and Quebec (Figure 4-1), and is approximately 20 kilometres south of the Detour Lake Mine. The Project is comprised of 57 contiguous claim blocks totalling 724 claim units and approximately 11,593 hectares (see Table 4-1 and Figure 4-2). Aurelius has an option on 13 of these claim blocks (124 claim units totalling approximately 1,993 hectares) currently owned by Ron McMillan (terms described in Section 4.2.1), and Aurelius is 100% owner of the remaining claims. The Project can be accessed from the north via the Detour Lake Mine Camp. A winter road extends to the south-east past the Lipton area claims and through the Atkinson South area claims. The Detour Lake Mine Camp is accessed via paved highway 652 (151 km from Cochrane) and the well-maintained gravel road Detour Mine Road (34 km). The Lipton area claims can be accessed from the winter road by temporary winter trails. Due to recent logging activities, the Project can also be accessed from the south via temporary winter trails from the end of the unpaved logging road Chabbie Lake Road (64 km), which connects to highway 652 (99 km from Cochrane). | |
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