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Brionor Resources Inc.
Summary
| Project: | Deseado Massif | |
|---|---|---|
| Deposit: | Meridiano, Covadonga | |
| Location: | Argentina | |
| Commodities: | Gold | |
| Date: | 3/2/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-3-2017: Brionor Resources Inc. announces a Supporting Acquisition report for its Meridiano, Covadonga deposit at the Deseado Massif project. Summary of property in support of acquisition. The Meridiano and Covadonga projects are early stage gold explora | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Cesar Riveros (Independent) | |
| ABSTRACT: | The Meridiano and Covadonga projects are early stage gold exploration projects located about 20 km apart in north-central Santa Cruz Province, Argentina, near the center of the Deseado Massif, a vast volcanic plateau which has become recognized as an important new precious metals province. The projects consist of four properties together totaling approximately 14,821 hectares in area. Despite having good access and proximity to infrastructure, including AngloGold Ashanti's major Cerro Vanguardia Mine, the region's flagship and largest goldsilver operation, the Meridiano and Covadonga properties remained largely neglected until being acquired and subsequently explored in 2007-2011 by Renaissance Gold Inc. ("RenGold"), through its wholly owned subsidiary company AuEx Argentina S.A. In late-October, 2016, Atala and Brionor commissioned César Riveros (the “author") to prepare an updated technical report (the “Report”) of the Meridiano and Covadonga exploration projects in the Deseado Massif region of southern Argentina in accordance with the requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”). The original NI 43-101 technical report (the “Original Report”) was completed by Mel Klohn, PGeo in 2013. As documented in this Report there has been little or no technical field work undertaken since, however the update reflects subsequent changes to the transacton agreement between Atala and Rengold, as well as the proposed transaction between Atala and Brionor. | |
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