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Transaction Announcement Reports
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Project: | Rey Solomon | |
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Deposit: | Rey Solomon | |
Location: | Peru | |
Commodities: | Gold-Silver-Copper | |
Date: | 11/21/2016 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 21-11-2016: Montan Mining Corp. announces a Supporting Acquisition report for its Rey Solomon deposit at the Rey Solomon project. Description of property in support of acquisition. The Rey Salomon Gold Project (the ‘Project”) is a gold exploration project | |
Resources: | x | |
CP/QP: | [Overall Report]: James McCrea (Independent) | |
ABSTRACT: | The Rey Salomon Gold Project (the ‘Project”) is a gold exploration project in the Department of Arequipa, Peru and is held 100% by M & F Minera Ofir S.A. (Minera Ofir). The property is under option to Cerro Dorado S.A.C. (Cerro Dorado), a subsidiary of Chazel Capital, a Company with a binding agreement announced on October 31st, 2016 with Montan Mining Corp. (“Montan”), where Montan can acquire 100% of the Chazel interest in Cerro Dorado. At the request of Montan Mining Corp., James A. McCrea, P. Geo., carried out an independent review of the Rey Salomon Gold Project, District of Atico, Province of Caraveli, Department of Arequipa, Peru. This report is intended to be used in support of Montan’s acquisition of Cerro Dorado, a Peruvian company with its major asset being the Rey Salomon Gold Project as described in the press release dated July 14, 2016. The author conducted a property examination, reviewed available exploration results and prepared this independent technical report (the ‘Report’) in accordance with the formatting requirements of National Instrument 43- 101 (‘NI 43-101’) and Form 43-101F1 (Standards of Disclosure for Mineral Properties) to be a comprehensive review of the exploration activities on the property, and to provide recommendations for future work, if warranted. Information and data used in this report consists of field observations made by the author during the site visit on October 2th to 4th of 2016; data collected by Montan in the field during their due diligence and sampling completed during the site visit, which was supervised by the author. | |
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