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District Copper Corp.
Summary
| Project: | Stony Lake East | |
|---|---|---|
| Deposit: | Stony Lake East | |
| Location: | Canada | |
| Commodities: | Gold-Copper-Silver | |
| Date: | 2/21/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-2-2019: District Copper Corp. announces a Supporting Acquisition report for its Stony Lake East deposit at the Stony Lake East project. Summary of property in support of acquisition. This report summarizes all the known historical geological, geochemic | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Larry Pilgrim (Independent) | |
| ABSTRACT: | This report summarizes all the known historical geological, geochemical and geophysical exploration work carried out over and adjacent to the Stony Lake East Gold Project by several exploration-mining companies as well as several junior exploration companies and prospectors during the previous ~30 years. The report provides a summary of all known exploration and development work performed, and results obtained, on the property, to date, with recommendations for future work, based on the property’s perceived exploration gold potential. The report was prepared in compliance with the reporting standards as set forth under National Instrument Policy NI 43-101 – Standards of Disclosure for Mineral Projects. This report has been prepared by Larry Pilgrim a “Qualified Person”, (the “author”) as prescribed under NI 43-101 policy, and is independent of Copper District Corp., as per policy Section 1.5. The author visited the property on September 15, 2018 and has reviewed the geological concepts and related styles of mineralization put forward in this report and accepts them has reasonable and consistent with his knowledge on the style of mineralization proposed for the property. This report is intended for use by District Copper Corp. to file as a Technical Report with Canadian Securities regulatory authorities pursuant to National Instrument 43-101. The Project consists of 521 claims covering 13,025 hectares contained within 6 mineral licenses, located near Grand Falls-Bishops Falls in central Newfoundland. The Stoney Lake East Property is being acquired by District Copper Corp. from 1174587 BC Ltd. a private British Columbia Corporation as per the terms of a mineral property purchase agreement. | |
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