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Transaction Announcement Reports
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Project: | Heino | |
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Deposit: | Heino | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 7/7/2020 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 7-7-2020: MGX Minerals Inc. announces a Supporting Acquisition report for its Heino deposit at the Heino project. Summary of property in support of acquisition. The Heino Gold Project (“Project”) is an exploration property in south-eastern British Columbi | |
Resources: | x | |
CP/QP: | [Overall Report] Cliff Revering, Sheila Ulansky, Ron Uken (SRK Consulting (Canada) Inc.) | |
ABSTRACT: | The Heino Gold Project (“Project”) is an exploration property in south-eastern British Columbia, Canada, that has been undergone several phases of underground bulk sampling during the late 1980’s and early 1990’s. In May 2020 MGX Minerals Inc. (“MGX”) commissioned SRK Consulting (Canada) Inc. (“SRK”) to prepare an exploration technical report detailing the current status of the Project and a summary of all historical exploration and development activities. This report was compiled by the following qualified persons (“QP”): Cliff Revering, Sheila Ulansky and Ron Uken, all of SRK. This technical report was prepared following the guidelines of the Canadian Securities Administrators’ National Instrument 43-101. The Heino Gold Project is located approximately 600 km, by road, east-northeast of the city of Vancouver, within the West Kootenay Region of British Columbia. Formerly known as the Tillicum property, the Heino Gold Project is a developed prospect with limited gold and silver production from underground development and bulk sampling, and contains additional mineral targets of significance. | |
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