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Esrey Energy Ltd.
Summary
| Project: | Milosheve | |
|---|---|---|
| Deposit: | Milosheve Stockpile | |
| Location: | Kosovo | |
| Commodities: | Zinc | |
| Date: | 7/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-7-2017: Esrey Energy Ltd. announces a Supporting Acquisition report for its Milosheve Stockpile deposit at the Milosheve project. Summary of property in support of acquisition. Roscoe Postle Associates Inc. (RPA) was retained by Esrey Energy Ltd (Esre | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ian Blakley (RPA UK Ltd.) | |
| ABSTRACT: | Roscoe Postle Associates Inc. (RPA) was retained by Esrey Energy Ltd (Esrey) to prepare an independent Technical Report on the Milosheve Zinc Project (the Project), located near Pristina, Kosovo. The purpose of this report is to support the TSX Venture Exchange’s acceptance of Esrey’s acquisition of Power Zinc Limited (Power Zinc) from Power Resources Group Plc (PRG). This Technical Report conforms to NI 43-101 Standards of Disclosure for Mineral Projects. RPA visited the property on May 12, 2017. Power Zinc’s principal assets include zinc rich Milosheve Stockpile Material (MSM), which is located approximately eight kilometres north of Pristina, Kosovo. The MSM, previously owned by the Trepča Mining Complex (Trepča), was sold directly to N.P.T. Geokos by Kosovo Government tender and moved to the current site circa 2012. PRG purchased the remaining MSM in October 2016, with ownership of the remaining MSM transferred to Power Zinc in May 2017. The MSM originated from stockpile dumps related to zinc processing activities at the Mitrovica Industrial Park (MIP) previously operated by Trepča. According to Esrey, the material is a residue from the zinc plant and represents 8% to 10% of the original stockpile amount. As the MIP did not have a hot leach or a Waelz kiln, the material was put to one side and stockpiled for later processing. | |
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