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Transaction Announcement Reports
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Project: | Lac Villebon | |
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Deposit: | Lac Villebon | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 8/23/2018 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 23-8-2018: Mondor Minerals Inc. announces a Supporting Acquisition report for its Lac Villebon deposit at the Lac Villebon project. Summary of property in support of TSX listing. At the request of Mondor Minerals Inc (the “Company”, “Mondor”, or “Issuer”) | |
Resources: | x | |
CP/QP: | [Overall Report]: Edward Harrington (Reliance Geological Services Inc.) | |
ABSTRACT: | At the request of Mondor Minerals Inc (the “Company”, “Mondor”, or “Issuer”), this Technical Report has been prepared on the Lac Villebon Property (the “Property” or “Project”), Val-d’Or, Quebec, Canada, to summarize previous work, appraise the exploration potential of the Property, and make recommendations for future work. Mondor has also requested the report as supporting documentation for listing on the TSX Venture exchange. The Lac Villebon Property is situated in the Vauquelin and Villebon Townships at the eastern limit of the Val-d’Or gold mining camp. The Property is located approximately 40 km east of the city of Val-d’Or and 500 km northwest of Montreal and consists of fifteen contiguous unsurveyed mineral claims totaling approximately 864.53 hectares (“ha”). The claims are registered to Doctors Investment Group Ltd of British Columbia, Canada. Through an option agreement effectively dated 28 February 2018, Mondor has an option to acquire a 100% interest in the Lac Villebon Property. The nearest major supply center for the Property is the city of Val-d’Or located a sixhour drive or a 75-minute daily flight northwest from Montreal. The Property is located a 45-minute drive southeast from the Val-d’Or airport on TransCanada Highway 117 and is situated approximately 600 meters east of the highway. From Highway 117, a two-track dirt road connects to a snowmobile trail that parallels the westernmost claim boundary and provides access to the southern claims. Val-d’Or is a well-serviced city with a population of approximately 32,000. Louvicourt, a village located approximately 10 km north of the Property, provides gas, restaurants, and limited accommodation. | |
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