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Transaction Announcement Reports
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Project: | Bullard Pass | |
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Deposit: | Bullard Pass | |
Location: | United States | |
Commodities: | Gold | |
Date: | 6/1/2017 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 1-6-2017: Canadian Mining Corp. announces a Supporting Acquisition report for its Bullard Pass deposit at the Bullard Pass project. Summary of property in support of spin-off acquisition. The Bullard Pass Property is located approximately 25 miles west of | |
Resources: | x | |
CP/QP: | [Overall Report]: Patrick F. O'Hara (Internal) | |
ABSTRACT: | The Bullard Pass Property is located approximately 25 miles west of Wickenburg, Arizona within the Pierce mining district. The property currently consists of 22 unpatented claims in three distinct blocks totaling 454 acres. The claims are 100% owned by Canadian Mining of Arizona Inc., a wholly owned U.S. subsidiary of Canadian Mining Company Inc. Canadian Mining Company Inc. is obtaining a 100% interest in Canadian Mining of Arizona Inc. through a Plan of Arrangement with Canadian Zeolite Corp. dated February 17, 2017, where Canadian Mining Company Inc. is issuing shares to each Canadian Zeolite Corp. shareholders as of the Date of Record. The three claim blocks comprising the Bullard Pass Property lie along the Bullard detachment fault in the Bullard Mining District at the southern end of Harcuvar metamorphic core complex. The Bullard detachment fault is a portion of the regional Buckskin-Rawhide-Bullard detachment fault in west central Arizona, striking approximately N55-60E and with a moderate dip to the south. The SW Block and SE Block are underlain by Quaternary alluvium, but appear to lie over the down dip extension of the Bullard detachment fault. The NW Block lies over the lower slope of Bullard Peak and is underlain by Tertiary volcanic and sedimentary rocks. The Bullard Detachment Fault outcrops on the NW Block. | |
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