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Golden Cariboo Resources Ltd.
Summary
| Project: | Quesnelle | |
|---|---|---|
| Deposit: | Quesnelle | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 8/15/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-8-2019: Golden Cariboo Resources Ltd. announces an Exploration/Drilling Update report for its Quesnelle deposit at the Quesnelle project. Technical report on property. Ms. Jean M. Pautler, P.Geo. of JP Exploration Services Inc. (“JPEx”) was commissione | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jean Marie Pautler (Independent) | |
| ABSTRACT: | Ms. Jean M. Pautler, P.Geo. of JP Exploration Services Inc. (“JPEx”) was commissioned by Golden Cariboo Resources Ltd., Vancouver, British Columbia, a company duly incorporated under the laws of the Province of British Columbia, to examine and evaluate the geology and mineral potential of the Quesnelle Gold Quartz Mine Property (the “Property”), consisting of 8 contiguous claims, and to make recommendations for the next phase of exploration work in order to test the resource potential of the property. Based on the literature review and site visit by the author on the property, recommendations are made for the next phase of exploration work. An estimate of costs has been made based on current rates for drilling, trenching, geochemical and geophysical surveys and professional fees in British Columbia. Regional geological data and current exploration information have been reviewed to determine the geological setting of the mineralization and to obtain an indication of the level of industry activity in the area. This report was prepared to comply with Golden Cariboo Resources Ltd.’s obligations pursuant to NI 43-101. A valuation was conducted by Bruce McKnight in April, 2019, based on the author’s September, 2018 report and the subsequent LiDAR/orthoimagery survey. No material changes have occurred on the property since the 2018 report. The current report includes the survey data and outlines the recent purchase agreement | |
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