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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: | Marudi | |
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Deposit: | Marudi | |
Location: | Guyana | |
Commodities: | Gold | |
Date: | 3/9/2017 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 9-3-2017: Guyana Goldstrike Inc. announces a Supporting Acquisition report for its Marudi deposit at the Marudi project. Summary of property in support of acquisition. This report was commissioned by Swift Resources Inc. (“Swift”) with offices at, Suite 5 | |
Resources: | x | |
CP/QP: | [Overall Report]: Derrick Strickland (Independent) | |
ABSTRACT: | This report was commissioned by Swift Resources Inc. (“Swift”) with offices at, Suite 510, 580 Hornby Street, Vancouver, British Columbia, and was prepared by Mr. Derrick Strickland, P. Geo. The author is a “qualified person” who is “independent” of Swift within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects. As an independent geologist the author was asked to undertake a review of the available data and recommend (if warranted) further work on the Marudi Property (the “Property”). The purpose of this report is to summarize historical work on the Property. This is in support of a property acquisition for Swift. The Marudi Property is made of a Mining Licence (ML1/2009) that is 13,502 ha in size and is located within southern Guyana near the border with Brazil, with a centroid of 59° 10' 1" W longitude and 2° 13' 31" N latitude. The usual access from Georgetown is by fixed-wing aircraft capable of landing on the short gravel airstrip at Aishalton. From Aishalton a track leads southeast over ten kilometres of savannah, to the forest edge at Bushmouth. From Bushmouth to the Marudi camp (32 kilometres), the track gradually deteriorates. Four-wheel drive is essential and during the rainy season. A farm tractor and trailer is the dependable supply transport method. The author visited the Property from November 11th , 2016 to November 12th, 2016. | |
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