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Transaction Announcement Reports
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Project: | Invicta | |
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Deposit: | Invicta | |
Location: | Peru | |
Commodities: | Gold-Silver-Copper-Lead-Zinc | |
Date: | 5/29/2018 | |
Report Code: | NI43-101 | |
Report Type: | PEA | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 29-5-2018: Lupaka Gold Corp. announces a PEA report for its Invicta deposit at the Invicta project. Amended PEA on Invictus project. The Invicta Gold Project is located in the province of Huaura, situtated approximately 120 kilometre | |
Resources: | (Resource, I+I): 2.999Mt @ 4.07g/t Au, 24.81g/t Ag, 0.60% Cu, 0.36% Pb, 0.42% Zn at project | |
CP/QP: | [Resources]: Camila Passos (SRK Consulting (Peru) S.A.) | |
ABSTRACT: | The Invicta Gold Project is located in the province of Huaura, situtated approximately 120 kilometres to the northeast of the city of Lima in Peru. Lupaka Gold Corp. (Lupaka) is a Peru-focused mineral development and exploration company, whose prime asset is the Invicta Gold Project, which Lupaka intends to fast-track to production. Lupaka holds a 100 percent interest in the Invicta Gold Project, which comprises six mining concessions for a total area of 4,700 hectares. In November 2017, Lupaka commissioned SRK Consulting (Canada) Inc. (SRK) as an independant consultant to compile a Preliminary Economic Assessment (PEA) level technical report for the Invicta Gold Project, following Canadian Securities Administrators’ National Instrument 43-101 (NI 43-101) guidelines. The study was jointly undertaken by by technical staff from the SRK Toronto and Sudbury offices, and from the Lima office of SRK Consulting (Peru) S.A., in close collaboration with Lupaka. The previous NI 43-101 technical report for the Invicta Gold Project was generated by SRK Consulting (U.S.), Inc. for previous operator, Andean American Gold Corporation (Andean American), and filed on April 16, 2012, documenting mineral resources for the Invicta Gold Project as of April 6, 2012 (SRK, 2012). | |
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