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Mag One Products Inc.
Summary
| Project: | Jeffrey Mine Tailings | |
|---|---|---|
| Deposit: | Jeffrey Mine Tailings | |
| Location: | Canada | |
| Commodities: | Magnesium-Silica | |
| Date: | 11/17/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-11-2017: Mag One Products Inc. announces a Supporting Acquisition report for its Jeffrey Mine Tailings deposit at the Jeffrey Mine Tailings project. Technical report summarising property. In February 2017, Gillian Holcroft President and CEO of Mag One | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jacques Marchand, Christian Derosier, Gilliam Holcroft (Independent;Internal) | |
| ABSTRACT: | In February 2017, Gillian Holcroft President and CEO of Mag One Operations Inc. (Mag One) and President and Director of Mag One Products Inc., commissioned Jacques Marchand, P. Eng. Geo. (Author) to prepare an independent, NI 43-101 compliant technical report (Report) on the Jeffrey Mine Tailings project (Project), located in Asbestos, Quebec, Canada. The Project assets are owned by Mine Jeffrey Inc. (Jeffrey). On March 23, 2015, Mag One Products Inc. entered into a Letter Agreement with Jeffrey whereby it will be eligible to have privileged access to the serpentinite tailings pile produced from the Jeffrey's historical mills located on the Jeffrey property. Mine Jeffrey Inc. is a corporation duly established in year 1995 under Quebec “Loi sur les sociétés par actions (RLRQ, C. S-31.1)”. According to Quebec companies register, Mine Jeffrey Inc. has a registered address at 200 rue du Cardinal-Léger, Asbestos, Quebec, J1T 2X1, Canada. The head office is located at 111, Boulevard St Luc, Asbestos. Quebec, J1T 3N2 Canada. Mag One Products Inc. is a Canadian corporation established under the Business Corporations Act (B.C.) with its head office located at #145, 925 Georgia St. West, Vancouver, BC, V6C 3L2 Canada. Mag One Products Inc. is the sole owner of Mag One Operations Inc. and therefore it is a wholly owned subsidiary. Mag One Products Inc. is a corporation established in 2015 under the Business Corporations Act (B.C.) and transferred in 2016 under Quebec “the Loi sur les sociétés par actions” with its head office located at 1700-600 boul. De Maisonneuve Ouest, Montreal, Quebec, H3A 3J2, Canada. Mag One commissioned this report as a result of its statutory obligation to summarize the project under the NI 43101 rules and regulations that govern Mineral Projects as triggered by the initial public disclosure of an estimate of mineral resources. The report will also serve for financing purposes. | |
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