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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: | Mariposa | |
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Deposit: | Mariposa | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 6/22/2017 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 22-6-2017: Four Nines Gold Inc. announces a Supporting Acquisition report for its Mariposa deposit at the Mariposa project. Summary of property in support of acquisition. Ms. Jean M. Pautler, P.Geo. was commissioned by Four Nines Gold Inc., a company duly | |
Resources: | x | |
CP/QP: | [Overall Report]: Jean Pautler (JP Exploration Services Inc.) | |
ABSTRACT: | Ms. Jean M. Pautler, P.Geo. was commissioned by Four Nines Gold Inc., a company duly incorporated under the laws of the Province of British Columbia, to examine and evaluate the geology and mineral potential of the Mariposa Project (consisting of 1311 contiguous claims) and to make recommendations for the next phase of exploration work in order to test the economic potential of the property. The 27,000 hectare Mariposa Project, NTS map sheets 115O/01 & 2 and 115J/15 & 16, is centered at a latitude 63°00’N and a longitude of 138°32’W, approximately 120 km south-southeast of Dawson City, and 310 km northwest of Whitehorse, Yukon Territory. The Mariposa Project, consisting of 1311 contiguous claims within the Dawson Mining District, covers the headwaters of the placer producing Scroggie Creek, just west of Pyroxene Mountain within the unglaciated Yukon Plateau. The Mariposa Project is accessible by fixed wing aircraft and winter road, and lies proximal to the proposed road access from Dawson City to the Coffee deposit. The claims are registered to Pacific Ridge Exploration Ltd., subject to an option agreement with Eureka Dome Gold Inc. (name now changed to Four Nines Gold Inc.), Vancouver, British Columbia, Canada, whereby Four Nines Gold Inc. can earn up to a 70% interest in the Project. The report was prepared to support listing requirements of the Canadian Securities Exchange and an Initial Public Offering (IPO) by Four Nines Gold Inc. A total of $180,000 has been spent on the Mariposa Project in the last two years. | |
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