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Transaction Announcement Reports
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Project: | Keveri | |
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Deposit: | Keveri | |
Location: | Papua New Guinea | |
Commodities: | Gold-Silver-Copper | |
Date: | 11/6/2019 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 6-11-2019: Golden Birch Resources Inc. announces a Supporting Acquisition report for its Keveri deposit at the Keveri project. Summary of property in support of acquisition. This is an independent technical report on GBR Keveri property Keveri Papua New G | |
Resources: | x | |
CP/QP: | [Overall Report]: Ian Taylor (Mining Associates Pty Ltd.) | |
ABSTRACT: | This is an independent technical report on GBR Keveri property Keveri Papua New Guinea prepared in accordance with Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI43-101). Keveri is located across the boundary of the Northern and Central Provinces in south-eastern PNG approximately 200 km east-southeast of Port Moresby, at latitude 9° 148° E. The property is comprised of two contiguous staked claims EL2391 and EL2560 covering 248 km2 . In late August 2018, GBR signed a Joint Venture deal with private Australian-registered company Papuan Minerals Pty Ltd, which owns 100% of Papuan Minerals Ltd ( PML ) a PNG registered company. GBR can earn 85% of PML, which holds 100% of exploration licences 2391 and 2560 that comprise the Keveri property. The earn-in option over 84 months requires cash and share payments of $5.0M, and funding of exploration expenditure ($0.3M in year 1) including 13,000 m core drilling within the tenements. | |
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