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NQ Exploration Inc.
Summary
| Project: | Carheil | |
|---|---|---|
| Deposit: | Carheil | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 11/24/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-11-2017: NQ Exploration Inc. announces a Supporting Acquisition report for its Carheil deposit at the Carheil project. Technical report of the property. At the request of NQ Exploration Inc. (NQE), Micon International Limited (Micon) was retained to pr | |
| Resources: | x | |
| CP/QP: | [Overall Report]: William J. Lewis (Micon International Ltd.) | |
| ABSTRACT: | At the request of NQ Exploration Inc. (NQE), Micon International Limited (Micon) was retained to provide an independent Technical Report for the Carheil Project. This Technical Report is a re-addressed and updated version of Micon’s 2012 Technical Report on the Carheil Project specifically written for the spinout transaction of NQE’s properties into Imperial Mining Group Ltd. (Imperial Mining) for a new listing on the TSX Venture Exchange (TSX-V). This readdressed Technical Report uses the original 2012 Micon Technical Report as its basis and updates the report for Imperial Mining based on the changes in the CIM Definition Standards – For Mineral Resources and Mineral Reserves as of May 10, 2014 and the changes to the data regarding the mineral claims since 2012. The term Carheil Property, in this report, refers to the entire area covered by the mineral licenses, while the term Carheil or Project refers to the area on which the mining and exploration programs have been conducted. There has been no further exploration work conducted on the Carheil Project since the previous Technical Report was issued on December 15, 2012. The mineral resource area covered by the last drilling program up to December 31, 2011, is historically referred as the Nordest area. It consists of a main zone called the Ag1 polymetallic vein, a subsidiary vein called the Ag2 vein and small satellite lenses (Ag0, Ag100, Ag3) around them. Collectively the Ag1 vein, Ag2 vein and small satellite lenses (Ag0, Ag100, Ag3) are called the Ag1 polymetallic zone. Micon does not have nor, has it previously had, any material interest in either NQE or Imperial Mining, or their related entities. The relationship with NQE and Imperial Mining is solely a professional association between the client and the independent consultant. This report is prepared in return for fees based upon agreed commercial rates and the payment of these fees is in no way contingent on the results of this report. This is Micon’s second Technical Report on the Carheil Project. | |
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