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Transaction Announcement Reports
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Project: | Boisvert | |
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Deposit: | Boisvert | |
Location: | Canada | |
Commodities: | Copper-Silver-Gold | |
Date: | 3/17/2017 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 17-3-2017: Black Springs Capital Corp. announces a Supporting Acquisition report for its Boisvert deposit at the Boisvert project. Summary of Property in Support of Acquisition. This report describes the Au-Ag-Cu potential related to the WHN- Boisvert Pro | |
Resources: | x | |
CP/QP: | [Overall Report]: Remi Charbonneau (Inlandsis Consultants) | |
ABSTRACT: | This report describes the Au-Ag-Cu potential related to the WHN- Boisvert Property in Upper Laurentians of southwestern Quebec. These claims are to be transferred from Groupe Resources Géomines Inc. to Black Springs Capital Corp. currently listed at the TSX-V. Data used for this specific report relies on assessment files, governmental reports and scientific publications as referred to in the text. This technical report is prepared in accordance with the disclosure and reporting requirements set forth in the Canadian Securities Administrators’ National Instrument 43-101, Companion Policy 43-101CP, and form 43-101F1. All claims formerly belonged to Groupe Ressources Géomines Inc. a privately owned company dedicated to mineral exploration. The WHN group of claims was acquired by map staking following the discovery of the Nasigon and Hyspana Mineralization. In contrast, the Boisvert Claims were recently acquired from Amixam Resources Inc, also privately owned. A part of the Boisvert Property (62 claims) resulted from a selling agreement with NioGold Mining Corporation, a publicly traded company. These 62 claims are subjected to NSR Royalties and other liabilities in favour of Niogold, now absorbed into Osisko Mining Inc. The property occupies the northwest border of the Central Metasedimentary Belt of the Grenville Geological Province, which represents the accretion of Island Arc and sea floor sediments against the ancient border of the Superior Craton. This huge accretion zone can be followed for hundreds of kilometres and is better known in southeastern Ontario where it hosts gold mineralisation. Within this favourable context, Cu-Ag-Au mineralisation is found in association with alkaline intrusive rock units, identified as the Lesueur Complex. | |
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