For thousands of other reports visit RSC's Mineral Intellingence Map
Forrester Metals Inc.
Summary
| Project: | Bongara | |
|---|---|---|
| Deposit: | Bongara | |
| Location: | Peru | |
| Commodities: | Zinc-Lead | |
| Date: | 10/11/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-10-2016: Forrester Metals Inc. announces a Supporting Acquisition report for its Bongara deposit at the Bongara project. Acquired property with a previously producing mine and historic resource estimate. In a letter dated 11 August, 2016 Vena Resources | |
| Resources: | (Resource, Historic): 1.2Mt @ 21.5% Zn | |
| CP/QP: | [Resources]: Kurt Breede (Watts, Griffis & McOuat Ltd.) | |
| ABSTRACT: | In a letter dated 11 August, 2016 Vena Resources Corporation (“Vena”), of Toronto, Ontario, Canada retained Watts, Griffis and McOuat Limited ("WGM") to prepare a technical report on Vena’s Bongará “oxide”-type zinc project (the “Project”). The area of interest is located in the Yambrasbamba District of Bongará Province and the Cajaruro District of Utcubamba Province within the Amazonas Department in north-central Peru. The Project is located approximately 695 km north-northwest of Lima and 190 west-northwest of the nearest airport at Tarapoto (Figure 1). The Property is hosted within a substantial zinc belt that extends the entire length of Peru and hosts a great many carbonate replacement deposits including, nearby, Solitario Exploration’s Florida Canyon deposit with 12.9 Mt @ 13% Zn-equivalent in all resource classes (currently being explored by Votorantim Metais). Florida Canyon, which is a more or less ‘typical’ Mississippi Valley-type (“MVT”) deposit, occurs within the Pucará Basin and is hosted in dolomitized limestones of the Chambará Formation. The Bongará zinc mineralization was originally discovered by Canadian geologist William Menges in 1973. A number of companies have explored the area since that time including Noranda Explorations Co. (1974-1984), Canper Resources (1986), Solitario Resources (1993), Billiton (1999), Cementos Pacasmayo SA (2004-2005), Corianta SA (2009-2011) and Anglo Peruana Terra (2011-2012). WGM visited the Property in the mid- and late 1980s for Cominco. Many pits have been excavated and a significant number of holes have been drilled, with one program encompassing 69 diamond drill holes totalling 1,974.88 m. | |
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