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Transaction Announcement Reports
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Project: | Richardson | |
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Deposit: | Richardson | |
Location: | United States | |
Commodities: | Gold | |
Date: | 1/5/2017 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 5-1-2017: Northern Empire Resources Corp. announces a Supporting Acquisition report for its Richardson deposit at the Richardson project. Summary of property in support of recent acquisition. Northern Empire Resources Corp.(“Northern Empire” or the “Compa | |
Resources: | x | |
CP/QP: | [Overall Report]: Curtis Freeman, R. Bob Singh, William Cronk (Avalon Development Corp;Independent;Internal) | |
ABSTRACT: | Northern Empire Resources Corp.(“Northern Empire” or the “Company”) listed as “NM” on the TSX Venture Exchange, has retained R. Bob Singh P.Geo of North Face Software Ltd. (“Northface”), Curtis Freeman P.Geo of Avalon Development Corp. and William Cronk P.Geo of Northern Empire (collectively known as the “Authors”) to produce a Technical Report (“Report”) incompliance with disclosure and reporting requirements set forth in the Canadian Securities Administrators’ National Instrument 43-101, “Standards of Disclosure for Mineral Projects” (collectively, “NI 43-101”), for the Richardson Gold Project (“Richardson”, or the “Property”) located in Alaska. In October 2012 Bluestone Resources Inc. acquired 100% interest in the Richardson project through a Bankruptcy Court approved sale of certain assets held by a US based Tri-Valley Corp. Through a series of financial transactions in 2013 and 2014, Northern Empire acquired 100% interest in the Richardson project. During 2015 and 2016, Northern Empire conducted a series of exploration and land acquisition programs on the Richardson project. During 2015, Northern Empire Resources Corp. and Sonoro Metals Corp. announced that they had signed an option agreement on the Hilltop prospect on the western end of Richardson project. Sonoro can earn a 60% interest in the 31,720 acre Hilltop project by spending CDN$3,000,000 and issuing 1,000,000 shares to Northern Empire prior to December 31, 2019. The agreement is in good standing. | |
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