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Braveheart Resources Inc.
Summary
| Project: | Gallowai-Bul | |
|---|---|---|
| Deposit: | Gallowai-Bul | |
| Location: | Canada | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 1/23/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-1-2019: Braveheart Resources Inc. announces a Resource Estimation report for its Gallowai-Bul deposit at the Gallowai-Bul project. Updated mineral resource estimate at the project. This Technical Report refers to the Gallowai Bul River Mine ("GBRM"), a | |
| Resources: | (Resource): 2.18Mt @ 1.809% CuEq (Ind.) 513Kt @ 1.503% CuEq (Inf.) | |
| CP/QP: | [Resources]: Susan Bird (Moose Mountain Technical Services) | |
| ABSTRACT: | This Technical Report refers to the Gallowai Bul River Mine ("GBRM"), a deposit containing copper, gold, and silver located near Cranbrook, British Columbia. Moose Mountain Technical Services (MMTS) was retained by Braveheart Resources Inc. (Braveheart) to complete an update of the Mineral Resource and accompanying Technical Report. This Technical Report conforms to NI43-101 Standards of Disclosure for Mineral Projects. Purcell Basin Minerals is a private company that has a 100% ownership in the Gallowai Bul River mine in the East Kootenays of southeast British Columbia, approximately 30 kilometres from Cranbrook. Ownership of the property will be transferred from Purcell Basin Minerals Inc. to Braveheart Resources Inc. upon acceptance of a Plan of Arrangement by the Supreme Court of British Columbia pursuant to the Companies Creditors Arrangement Act (“CCAA”). The project currently consists of a mineralized deposit containing copper, gold, and silver. Underground infrastructure to access this mineralization includes a mine ramp, ventilation raises, sumps, surface shop, and mobile equipment fleet. There is a 750 ton per day conventional mill with an adjoining crusher building, fine ore bin, and concentrate storage area. On the property there is an administration, security, assay laboratory, metallurgical laboratory buildings and support infrastructure. The mine is currently not operating. | |
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