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Transaction Announcement Reports
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Project: | Lehmi | |
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Deposit: | Lehmi | |
Location: | United States | |
Commodities: | Gold | |
Date: | 4/21/2020 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 21-4-2020: Lodge Resources Inc. announces a Supporting Acquisition report for its Lehmi deposit at the Lehmi project. Summary of property in support of acquisition. The Lemhi Gold Project (the “Project” or the “Property”) is located in Lemhi County, Idaho | |
Resources: | x | |
CP/QP: | [Overall Report]: Michael Dufresne (APEX Geoscience Ltd.) | |
ABSTRACT: | The Lemhi Gold Project (the “Project” or the “Property”) is located in Lemhi County, Idaho (ID), U.S.A., within the Salmon River Mountains, a part of the Bitterroot Range which forms the Idaho-Montana border. The Property is approximately 40 km (25 miles) north of the town of Salmon and 6 km (3.7 miles) west of Gibbonsville, ID. The Project comprises 10 patented mining claims (placer and lode), 1 patented millsite and 99 unpatented claims, totaling approximately 2,519 acres (1,019 hectares) of mineral rights and 616 acres (249 hectares) of surface rights. APEX Geoscience Ltd. (APEX) of Edmonton, Alberta was engaged in December, 2019 by Lodge Resources Inc. (Lodge) to complete a National Instrument (NI) 43-101 Technical Report (the Report) summarizing the geology and prior exploration history of the Project and the acquisition of Lower 48 Resources (Idaho) LLC (Lower 48), which controls the Lemhi Gold Project. The Technical Report includes a summary of exploration activities conducted on the Lemhi Gold Project to date and recommendations for future work. The Report has been written on behalf of Lodge and was prepared in accordance with the guidelines set out by the Canadian Securities Association and NI 43-101 Standards of Disclosure for Mineral Projects (2011). | |
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