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Northern Empire Resources Corp.
Summary
| Project: | Sterling | |
|---|---|---|
| Deposit: | Sterling | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 4/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-4-2017: Northern Empire Resources Corp. announces a Resource Estimation report for its Sterling deposit at the Sterling project. Initial NI43-101 Resource Estimate for Sterling project. On February 14, 2017, Northern Empire Resources Corp. (“Northern E | |
| Resources: | (Resource, Inf.): 9.558Mt @ 2.18g/t Au for 671koz Au contained at Sterling Surface | |
| CP/QP: | [Resources]: Derek Loveday, Sean Ennis (Norwest Corporation) | |
| ABSTRACT: | On February 14, 2017, Northern Empire Resources Corp. (“Northern Empire”) contracted Norwest Corporation (“Norwest”) to complete a resource estimate on the Sterling Property, which included the deposits in the Sterling area, as well as the Daisy, Secret Pass, and Sunday Night Anomaly (SNA) deposits. This resource estimate is included in this Technical Report, which has been prepared in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects. On February 15, 2017, Northern Empire announced that it had entered into a Letter of Intent to acquire a 100% interest in the Sterling Property from Sterling Gold Mining Corporation (“SGMC”), a wholly owned subsidiary of Imperial Metals Corporation (“Imperial”), for a price of US$10,000,000. On April 3, 2017, Northern Empire announced that that Letter of Intent been modified such that there was now an irrevocable exclusivity period and the purchase price had been increased by US$100,000. Norwest personnel included Derek Loveday, Sean Ennis, and Allan Turner, all of which are Qualified Persons on this project and inspected the deposits in the Sterling area on February 21, 2017. Derek Loveday and Allan Turner completed inspections of the deposits in the North Block on February 22, 2017. The Effective Date of this Technical Report in March 29, 2017. | |
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