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Galileo Resources Plc
Summary
| Project: | Majuba | |
|---|---|---|
| Deposit: | Majuba | |
| Location: | United States | |
| Commodities: | Copper-Silver-Lead | |
| Date: | 8/9/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-8-2017: Galileo Resources Plc announces a Supporting Acquisition report for its Majuba deposit at the Majuba project. Summary of property in support of acquisition. Alan J. Morris, CPG was retained to prepare a technical report on the early stage Majuba | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Sarosi (Ruby Mountain GIS) | |
| ABSTRACT: | Alan J. Morris, CPG was retained to prepare a technical report on the early stage Majuba Hill Project. The purpose of the report is to summarize the location, general geology, and previous exploration on this property, and its viability as a Property of Merit for continued exploration. This report is intended to comply with the requirements of National Instrument 43-101 (NI 43- 101). Galileo Exploration Ltd. (Galileo) a British Columbia corporation, entered into a Mining Lease and Option to Purchase Agreement with Majuba Hill LLC (Majuba), a Nevada limited liability company, to explore and acquire the Majuba Hill Project on February 14, 2017. The property position controlled by Majuba is outlined below and in further detail in Section 4. A complete list of the claims is included as Appendix 1. 1.2 Property Location and History The property is in sections 1, 2, 3, T32N, R31E and sections 33, 34, 35, T33N, R31E (Figures 1 and 2). It is 70 road miles southwest of Winnemucca, Nevada and 156 miles from Reno. Using a well-maintained county road, the project is easily reached from U.S. Interstate 80, leaving the highway at Imlay, Nevada and traveling westward 23 miles. The center of the property is about 40° 40’ 15” North Latitude, 118° 27’ 40.5” West Longitude: UTM X 4,500,000 UTMY 376,500 NAD 27; Zone 11 N. Historic underground mining on the property reportedly produced 2.8 million lbs. of copper, 184,000 ounces of silver, 885,800 lbs. lead, 106,000 lbs. zinc, 21,000 lbs. tin, and 5,800 ounces of placer and lode gold between 1907 and 1960 (Matson, 1948, Stevens, 1971). | |
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