For thousands of other reports visit RSC's Mineral Intellingence Map
Dunnedin Ventures Inc.
Summary
| Project: | Kahuna | |
|---|---|---|
| Deposit: | Kahuna | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-11-2017: Dunnedin Ventures Inc. announces a Supporting Acquisition report for its Kahuna deposit at the Kahuna project. Summary of property in support of spin out of gold mineral rights. This Technical Report has been written at the request of Dunnedin | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Diakow (Not stated) | |
| ABSTRACT: | This Technical Report has been written at the request of Dunnedin Ventures Inc. (DVI) subject to completion of a Plan of Arrangement spinning out the rights to gold mineralization at the project, and completion of cash and share payments to the underlying project vendors, as described in a Letter Agreement dated April 30, 2017. The objective was to compile the Gold interests on the Kahuna Gold Property for the newly formed company, Solstice Gold Corp., who will acquire the gold rights of the Kahuna Project. Dunnedin Ventures Inc. is currently under option agreement to obtain 100% interest in the 109 contiguous mineral claims, an area of 124,138.6 hectares and has recently staked 36 claims, an area of 42,324 hectares that constitute the Property boundaries. Under the Plan of Arrangement with DVI, SG will acquire primary mineral title rights to 66 of these claims, will share primarily mineral title rights with DVI at 50% each with 12 of these claims and will obtain secondary metallic mineralization of the remaining 67 claims. Details of these agreements can be found in Item 4. Located twenty-six kilometres north of the settlement of Rankin Inlet, the area surrounding the Kahuna Property has experienced extensive mineral exploration, particularly in the last 25 years. Recent discoveries include the Meliadine Mine Camp, 12.5 kilometres southwest of the property boundary, which is a series of on strike gold deposits that are owned by Agnico Eagle and currently in the Mine Development stage. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report