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Consolidated Westview Resource Corp.
Summary
| Project: | North Kimberley | |
|---|---|---|
| Deposit: | North Kimberley | |
| Location: | Australia | |
| Commodities: | Diamonds | |
| Date: | 11/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-11-2017: Consolidated Westview Resource Corp. announces a Supporting Acquisition report for its North Kimberley deposit at the North Kimberley project. Summary of property in support of acquisition. In 2017, Lithoquest Diamonds Inc. (“Lithoquest”) and | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Thomas Reddicliffe (APEX Geoscience Ltd.) | |
| ABSTRACT: | In 2017, Lithoquest Diamonds Inc. (“Lithoquest”) and wholly owned subsidiary Primeform Investments Pty Ltd. retained the services of Thomas Reddicliffe for the sole purpose of preparing an independent technical report for the North Kimberley Diamond Project, Western Australia (the “Property”). The report was commissioned and paid for by Lithoquest Diamonds Inc. in connection with a proposed transaction with Consolidated Westview Resource Corp (“CWS”). The transaction involves CWS acquiring 100% of the issued and outstanding common shares and warrants of Lithoquest in exchange for a combination of common shares and warrants of CWS, resulting in a reverse take-over of CWS by the shareholders of Lithoquest. In conjunction with the transaction, CWS has also agreed to raise a minimum of $2,430,000, by way of a non-brokered private placement. Completion of the transaction is subject to a number of conditions, one of which states that the closing must take place on or before October 31, 2017. It is anticipated that after completion of the transaction and the financing, the resulting issuer will qualify as a Tier 2 Mining Issuer pursuant to the requirements of the TSX Venture Exchange. The effective date for the report is October 4, 2017. Note that sections 15-22 of the standard NI 43-101 table of contents have been omitted from the report since they are not relevant. | |
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