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Norra Metals Corp.
Summary
| Project: | Bastutrask | |
|---|---|---|
| Deposit: | Bastutrask | |
| Location: | Norway | |
| Commodities: | Zinc-Lead-Silver-Gold | |
| Date: | 4/16/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-4-2019: Norra Metals Corp. announces a Supporting Acquisition report for its Bastutrask deposit at the Bastutrask project. Summary of property in support of acquisition. The Bastuträsk property is composed of two contiguous exploration permits with a t | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Swanton (Equity Exploration Consultants Ltd.) | |
| ABSTRACT: | The Bastuträsk property is composed of two contiguous exploration permits with a total area of 4,739 ha, located in Västerbotten County of northern Sweden. As of the effective date of this report, licences are held by EMX Royalty Corp. (through their wholly own subsidiary Viad Royalties AB), though EMX has entered into an agreement with Norra Metals Corp., whereby Norra Metals will acquire ownership of the licences. This report has been prepared on behalf of Norra Metals in support of that transaction. The area covered by the property is generally flat to rolling, with several large lakes and gentle hills covered in glacial till. It lies in the subarctic climate zone, with vegetation dominated by boreal forest and swamp. Field work is possible from late spring until early fall, with drilling operations possible year-round. Access is via paved and dirt road from the village of Bastuträsk, located several kilometers east of the property. From this village, there are rail and road links to the rest of Sweden and to the city of Skellefteå, 50 km away. Skellefteå is a significant regional centre, providing access to supplies, labour, port facilities and a domestic airport. Bedrock geology of the property and surrounding area is dominated by Neoproterozoic age plutonic, volcanic and sedimentary rocks of the Baltic Shield. All units have been deformed and metamorphosed during the Svecofinnian orogeny, and represent the eroded roots of a large mountain range formed during this event. The Bastuträsk property itself is underlain by the Sikträsk granitoid and felsic volcanic and clastic sedimentary rocks of the Skellefte Group, surrounded by the later (but still pre-tectonic) Revsund Granitoid. Massive sulphide mineralization (interpreted based on available data to be VMS-type) is hosted within the Skellefte Group; this is the same unit wh | |
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