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Champion Bear resources Ltd.

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Summary

Project:

Plomp Farm

Deposit:Plomp Farm
Location:Canada
Commodities:Gold-Silver
Date:5/23/2019
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resources Definition
Report details:23-5-2019: Champion Bear resources Ltd. announces a Resource Estimation report for its Plomp Farm deposit at the Plomp Farm project. Amended previous technical report to withdraw mineral resource estimate. The Project lies within the northern portion of t
Resources:x
CP/QP:[Overall Report]: Todd McCracken (WSP Canada Inc.)
ABSTRACT:The Project lies within the northern portion of the western Wabigoon sub-province of the Superior province. The Wabigoon sub-province is a 150-km wide volcano-plutonic domain with an exposed strike of 700 km and is comprised of primarily volcanic supracrustal sequences (greenstone belts) intruded by syn-volcanic to post tectonic felsic plutonic rocks of the Superior Province of the Canadian Shield. The magmatic components of the greenstone belts vary from ultramafic to felsic tholeiitic, calc-alkaline and alkali groups. The secondary sedimentary successions include both clastic and chemical deposits and the plutonic rocks include syn-volcanic tonalitic, quartz dioritic and granodioritic plutons of which emplacement has caused major deformation along the greenstone belts. The Project is underlain by an Archean aged narrow belt of rocks belonging to the Sioux Lookout Domain which is characterized by a series of alternating felsic volcanics, fine grained, grey, weakly foliated meta-greywackes, and iron formations with a southward, sub-vertical to vertical dip that has been intruded by mafic to felsic dykes. The initial focus on the mineralization style on the Project was on gold associated quartz veining within the quartz-sericite schists. With further investigations, highly anomalous gold values were identified on the property hosted within sericitized felsic tuffaceous units which indicates a second style of mineralization is present on the Project. As of 2007, the Project has 115 diamond drillholes completed on the property.

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