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HPQ-Silicon Resources Inc.
Summary
| Project: | Beauce Paleoplacer | |
|---|---|---|
| Deposit: | Beauce Paleoplacer | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/23/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-2-2017: HPQ-Silicon Resources Inc. announces a Supporting Acquisition report for its Beauce Paleoplacer deposit at the Beauce Paleoplacer project. Summary of property in support of spin out of company's holdings. In early October, 2016, Mr. Patrick Lev | |
| Resources: | Historic estimates only | |
| CP/QP: | [Overall Report]: Benoit M. Violette (Independent) | |
| ABSTRACT: | In early October, 2016, Mr. Patrick Levasseur, President and C.O.O. of HPQ Silicon Resources Inc. (formerly Uragold Bay Resources Inc.) mandated the author to prepare an evaluation report for its Beauce Gold Project (BGP) host to the Gilbert River gold deposit. Discovered in the 1830s, this deposit has produced over the last 170 years, significant gold from alluvial and elluvial sediments sources. HPQ Silicon Resources Inc.(“HPQ Silicon”) is a publicly trading mineral exploration company active in the Province of Quebec. HPQ Silicon Management’s current objective is to vend the claims that are the object of this report to its private subsidiary Beauce Gold Fields Inc., to obtain a listing of this company’s common shares on the Canadian Securities Exchange (CSE) and seek proper financing to carry-on with the exploration and development of the BGP both for placer gold and the underlying bedrock. This report describes the gold potential of the Beauce Gold Project of HPQ Silicon. The project area hosts at least two unconsolidated gold bearing sedimentary units (a lower saprolite and an upper brown diamictite), buried under a variable thickness of younger sediments mostly tills and marine clays. This thickness varies from a few metres to several tens of metres of overburden. This report describes the materially significant aspects of the property and recommends an exploration program. The author has reviewed the information available as listed under “References” and presents the summary of the information he deems material to this technical report including all pertinent files available on various websites and the websites of the Ministère de l’Énergie et des Ressources naturelles (MERN) of the Province of Québec. | |
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