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Transaction Announcement Reports
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Project: | Golden Gate | |
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Deposit: | Golden Gate | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 11/6/2019 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 6-11-2019: DeepRock Minerals Inc. announces a Supporting Acquisition report for its Golden Gate deposit at the Golden Gate project. Summary of property in support of acquisition. On July 31st, 2019, Mr. Pat O’Brien, Chairman and CEO of DeepRock Minerals i | |
Resources: | x | |
CP/QP: | [Overall Report]: Christian Derosier (Internal) | |
ABSTRACT: | On July 31st, 2019, Mr. Pat O’Brien, Chairman and CEO of DeepRock Minerals inc. (DEEP), commissioned Christian Derosier Géologue-Conseil inc. to prepare an independent, NI 43-101 compliant technical report (Report) on its 100% owned Golden Gate Gold project (GGG Project), located in the Gloucester County, Province of New Brunswick, Canada. The Author visited the Project area at several occasions in 2014, 2017 and on July 3rd and 4th, 2019 within the setting of a due diligence. On August 8th, 2019, DeepRock Minerals inc. (DEEP) announced the signature of an agreement to acquire a 100% interest in the Since the acquisition of the property, DEEP has not undertaken an exploration program. The Company is in discussion with land owners for obtaining their authorization to proceed with surface and underground work. The Golden Gate Gold Project (GGG) comprises 13 mining claims covering a total area of 270 ha (668.11 acres) forming Blocks 4056, 6805 and 7585. The claims are in good standing and are now 100% owned by DeepRock Minerals inc.. The GGG property is located 13 km northwest of the city of Bathurst, in the Northern part of the Province of New Brunswick. The paved North Tetagouche road provides access to the southernmost claims by following it west from Highway 11 for a distance of eleven km. Most of the block’s outer peripheral claims have good truck access via secondary roads. | |
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