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Transaction Announcement Reports
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Project: | Tomboko | |
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Deposit: | Tomboko | |
Location: | Guinea | |
Commodities: | Gold | |
Date: | 11/1/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 1-11-2018: Nortec Minerals Corp. announces an Exploration/Drilling Update report for its Tomboko deposit at the Tomboko project. Summary of exploration completed on property. Mr. Serigne DIENG PhD AuSIMM has been mandated jointly by Alamako Corporation In | |
Resources: | x | |
CP/QP: | [Overall Report]: Serigne Dieng (Alamako Corporation International) | |
ABSTRACT: | Mr. Serigne DIENG PhD AuSIMM has been mandated jointly by Alamako Corporation International and The Golden Rule Mining Inc. to prepare a National Instrument 43-101 (“NI 43-101”) compliant, Technical Report on the Tomboko Gold Project located in the Siguiri Region of the Republic of Guinea. The purpose of this report is to review and update the available historical exploration information and data, provide an assessment of the exploration potential of the Tomboko Property and recommend exploration programs and budget designed to establish and evaluate the potential of the Property to host an economic gold deposit. The Tomboko Gold Project consists of an exploration license covering a surface area of 75.45 km² in the Siguiri Basin, North-eastern Guinea – West Africa and is granted to Alamako Corporation International SARL by decree No. A2018/5740/MMG/SGG, September 12, 2018. Alamako Corporation International SARL (ACI) is a Guinean Private Limited Exploration and Development Company focused primarily on mining, mine development and exploration in Guinea, West Africa. The company is based in Conakry, Guinea. ACI owns 100% the Tomboko Gold Project since the recent acquisition dated on September 12, 2018. ACI is represented by Sekou Traore, Founder and President of ACI, Vice President and General Director of The Golden Rule Mining Inc. The Golden Rule Mining Inc. (The Golden Rule) is a corporation founded in Wyoming on July 1, 2015. Its current address is 22883 Ghost Tree LN Bend, OR 97701. The Golden Rule has entered into an agreement to own 100% of Alamako Corporation International SARL’s equity in the Tomboko Gold Project. In return Alamako Corporation International SARL owns 25% of The Golden Rule’s shares in the Tomboko Gold Project. Terms and conditions are defined in that agreement between Alamako corporation International SARL and The Golden Rule. The Golden Rule is represented by James McKenzie, Chairman. | |
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