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McLaren Resources Inc.
Summary
| Project: | Augdome | |
|---|---|---|
| Deposit: | Augdome | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/2/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 2-3-2017: McLaren Resources Inc. announces an Exploration/Drilling Update report for its Augdome deposit at the Augdome project. Technical report summarising dormant property for technical filing. This report, written at the request of McLaren Resources I | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kenneth Guy (Independent) | |
| ABSTRACT: | This report, written at the request of McLaren Resources Inc. (McLaren), provides a geological appraisal and summary of exploration programmes conducted on the Augdome Property. McLaren has commissioned the author to complete a NI 43-101 compliant technical report on the Augdome property, located in Tisdale and Whitney Townships, Ontario. This property has been essentially dormant since 1988 when the last drill program was performed. The author understands that this report is to be used by McLaren Resources Inc. for a technical filing. McLaren Resources Inc. controls the Augdome Property through its subsidiary Stan North Mining Corp.. The property consists of about 414 hectares in the Tisdale and Whitney Townships in the Timmins Mining Camp. (Figure 1) Gold production from the Porcupine camp over the past 100 years is greater than 68 million ounces at a Camp average grade of 0.213 ounces gold. Ten different mines have produced in excess of 1.0 million ounces and account for 91% of the gold recovered in the Camp. The property is located immediately east of the Dome Mine property held by Goldcorp Canada Ltd. The property has historically been examined mostly for its gold but also for its nickel/silver and iron ore potential. Most exploration on this property occurred along the northern contact of the Destor-Porcupine fault structure in contact with the Tisdale Assemblage. This interface trends in a northeastern direction across the northern portion of the property. | |
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