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Project: | Hector | |
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Deposit: | Hector | |
Location: | Canada | |
Commodities: | Cobalt-Copper-Gold-Silver | |
Date: | 7/23/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 23-7-2019: Cruz Cobalt Corp. announces an Exploration/Drilling Update report for its Hector deposit at the Hector project. Technical report on property. This Technical Report (the “Report”) is written on the Hector Property (the “Property”) for Cruz Cob | |
Resources: | x | |
CP/QP: | [Overall Report]: Kristopher Raffle (APEX Geoscience Ltd.) | |
ABSTRACT: | This Technical Report (the “Report”) is written on the Hector Property (the “Property”) for Cruz Cobalt Corp. (“Cruz Cobalt”), an existing Canadian issuer currently listed on the TSX Venture Exchange (TSXV). The Hector Property consists of 126 contiguous unpatented mining claims totalling 2,243 ha and is located within the Coleman and Gillies Limit Townships, Larder Lake Mining Division, Timiskaming District, Ontario, Canada, approximately 500 kilometres (km) north of Toronto, and 10 km southwest of Cobalt, Ontario (Figure 2.1). Cruz Cobalt holds 100% ownership of the 126 mining claims, which are active and in good standing. During 2018, Cruz Cobalt retained APEX Geoscience Ltd. (“APEX”) to complete an independent National Instrument (NI) 43-101 Technical Report specific to the Hector Property in anticipation of a transfer of listing from the TSXV to the Canadian Securities Exchange (CSE). In addition, APEX was retained to complete a compilation and review of historic and recent exploration completed within the Property by Cruz Cobalt, and to execute a surface exploration and diamond drill program designed to test exploration targets previously identified by Cruz Cobalt. The author of the Report, Mr. Kristopher J. Raffle, P.Geo., Principal of APEX and an independent qualified person as defined by the NI 43-101, conducted a property visit on October 2-3, 2018. This Report is written in accordance with the standards set out in National Instrument (NI) 43-101 developed by the Canadian Securities Administration (CSA), and is a technical summary of available geologic, geophysical, geochemical and diamond drill hole information. | |
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