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Transaction Announcement Reports
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Project: | Roncevaux | |
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Deposit: | Roncevaux | |
Location: | Canada | |
Commodities: | Silica | |
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 Roncevaux deposit at the Roncevaux project. Summary of property in support of spin out of company's holdings. In September 2016, Mr. Bernard J. Tourillon, Chairman and | |
Resources: | x | |
CP/QP: | [Overall Report]: Benoit M. Violette (Independent) | |
ABSTRACT: | In September 2016, Mr. Bernard J. Tourillon, Chairman and CEO of HPQ Silicon Resources Inc., (“HPQ” or “HPQ Silicon”) mandated the author of this report to prepare a National Instrument 43-101 compliant Technical Evaluation report for its Roncevaux Quartz Project host to a high purity quartz vein system. HPQ Silicon is a well-established mineral exploration company active in the Province of Quebec where it is involved, on its own or with various partners, in the acquisition exploration and development of high purity silica deposits and gold prospects. The objective of the company’s management is to become a vertically integrated producer of silicon metal, solar grade silicon metal and poly silicon aimed at the solar energy semiconductors and high tech industries. For this purpose, it has assembled a portfolio of mineral properties with prospective high purity quartz deposit of which the Roncevaux project is the most advanced. (see HPQ Silicon website for other projects). 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 Quebec. The Roncevaux Project is located in the Gaspésie Region of the Province of Québec, some 700 km east of Montreal and 460 km from Quebec City. It is made-up of 36 map designated claims covering a total of 2,068 ha in 2 blocks. The main block covers some 33 claims for a total area 1,895.76 ha and is host to the Roncevaux quartz vein occurrence. The second block consist of 3 claims covering 172.40 ha some 2.2 km north of the main block. | |
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