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Canadian Orebodies Inc.

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Summary

Project:

North Limb Property

Deposit:North Limb Property
Location:Canada
Commodities:Gold-Arsenic-Copper-Lead-Zinc
Date:1/23/2017
Report Code:NI43-101
Report Type:Supporting Acquisition
Project Stage:Pursuing Resources Definition
Report details:23-1-2017: Canadian Orebodies Inc. announces a Supporting Acquisition report for its North Limb Property deposit at the North Limb Property project. Summary of property in support of initial listing on TSX-V. Fladgate Exploration Consulting Corporation (“
Resources:x
CP/QP:[Overall Report]: Neil Thomas Pettigrew, Lesley Anne Weston (Fladgate Exploration Consulting Corp.)
ABSTRACT:Fladgate Exploration Consulting Corporation (“Fladgate”) has been retained to produce a 43‐101 compliant technical report on the North Limb Property, which is wholly‐owned by Canadian Orebodies Inc. (“Canadian Orebodies”). The North Limb Property is located 45 km northeast of the town of Marathon, Ontario, and only 17 km northeast of Barrick’s gold‐producing mine at Hemlo, Ontario. The property covers the northern extension of the Heron Bay‐Hemlo greenstone belt, and as such it has attracted almost 60 years of exploration, including geophysical and geochemistry surveys, geological mapping, diamond drilling, and many small prospecting programs. With the newly‐formed North Limb Property, Canadian Orebodies has consolidated this historically fragmented ground into a larger land package, covering over 6300 hectares. The purpose of the present 43‐101 Technical Report is to compile the historical information across all 37 claims, highlighting significant showings reported in the literature, and report on the current exploration activities undertaken by Canadian Orebodies, namely a prospecting program including grab and soil samples, as well as a helicopter‐borne versatile time domain electromagnetic (VTEMmax) and aeromagnetic geophysical survey performed by Geotech Ltd.

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