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China Minerals Mining Corp.
Summary
| Project: | Cassiar | |
|---|---|---|
| Deposit: | Cassiar | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/19/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-10-2017: China Minerals Mining Corp. announces an Exploration/Drilling Update report for its Cassiar deposit at the Cassiar project. Amended technical report of the exploration on the property. The Cassiar Gold Property is a past producing gold propert | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul S. Cowley (Independent) | |
| ABSTRACT: | The Cassiar Gold Property is a past producing gold property, and is now considered to be at an intermediate exploration stage. The Cassiar Gold Property is located in northern British Columbia between the towns of Dease Lake, B.C. and Watson Lake, Yukon Territory and 8km east of the former town site of Cassiar, B.C. The property covers the majority of the historical Cassiar Gold Camp with approximately 56,846 hectares, in 217 contiguous mineral claims, 18 Crown Grants and 2 placer claims in the Liard Mining Division. China Minerals Mining Corporation (“CMMC” and the “Company”) (formerly Hawthorne Gold Corp.) has 100% interest in the property subject to a 2.5% NSR on 10 of the claims. The property had been previously referred to as two separate but adjacent properties, the Table Mountain and Taurus Properties. The area is easily accessible by Stewart Cassiar Hwy, (Hwy 37N), which runs through the center of the Cassiar Gold Property, and by 160km of subsidiary roads which allow easy access to much of the property. The area also can be accessed via fixed-wing aircraft to the Cassiar airstrip situated immediately to the west of the property, near the old Cassiar town site. Approximately 425,000 ounces of gold have historically been produced from the Cassiar district, mainly from past producing underground high-grade gold mines on the Company's current land holdings. The property hosts the Main (formerly Erickson), Cusac, Bain, Taurus, Sable, Plaza and series of Vollaug vein mines. | |
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