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Transaction Announcement Reports
This is a NEW feature of RSC Mineral Intelligence that displays global reports published since April 2017 relating to transactions of mineral exploration, resource development, and mining properties, including property acquisitions, company acquisitions and takeovers.
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Project: | Montalembert | |
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Deposit: | Montalembert | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 3/9/2017 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 9-3-2017: Enforcer Gold Corp. announces a Supporting Acquisition report for its Montalembert deposit at the Montalembert project. Summary of property in support of acquisition. The Montalembert property is made up of 132 map-designated cells totalling 7,2 | |
Resources: | x | |
CP/QP: | [Overall Report]: Donald Theberge (Solumines) | |
ABSTRACT: | The Montalembert property is made up of 132 map-designated cells totalling 7,293 ha that will expire between May 13, 2017 and December 8, 2018. Exploration work in the amount of $102,960 will be required upon renewal, along with mining duties of $7,876. Currently $153,175 in accrued work is registered on the claims. One hundred (100) claims are listed under the name Globex Mining Enterprises Inc., and 32 under the name of Raymond Bédard will be transferred to Globex. The property is located in NTS 32F16 and 32G13 and covers part of Montalembert Township. On November 16, 2016, Natan Resources signed an option agreement with Globex Mining Enterprises to acquire a 100% interest in the Montalembert property. The property has been explored for its gold content since 1948. With the knowledge acquired over the years, it is clear that the potential of the property lies in goldbearing quartz veins. The geological features observed in the field, namely shear zones with quartzcarbonate veins mineralized with some sulphides (pyrite, chalcopyrite, pyrrhotite, galena and arsenopyrite) and gold, correspond to greenstone-hosted quartz-carbonate vein-type deposits. There is also potential for volcanogenic massive sulphide deposits. The geology is favourable, with volcanic rocks close to a contact with an intrusive; there are also several Input anomalies on the property that could indicate a massive sulphide deposit. | |
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