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Transaction Announcement Reports
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Project: | Medicine Springs | |
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Deposit: | Medicine Springs | |
Location: | United States | |
Commodities: | Silver-Lead-Zinc | |
Date: | 2/14/2018 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 14-2-2018: Northern Lights Resources Corp. announces a Supporting Acquisition report for its Medicine Springs deposit at the Medicine Springs project. Summary of property and recommended exploration in support of acquisition. The Medicine Springs Property | |
Resources: | x | |
CP/QP: | [Overall Report]: Robert A. Lunceford (Independent) | |
ABSTRACT: | The Medicine Springs Property (or the ‘Property’) of Northern Lights Resources Corp. (‘Northern Lights’ or the ‘Company’) consists of 149 unpatented mineral claims (1,206 hectares) located in the Ruby Valley/Medicine Range area of southeastern Elko County in Nevada, USA, in Township 28 N, Range 60 and 61 E. Northern Lights holds an option to lease 100% of the Property through an agreement (the ‘Option Agreement’) with Herb Duerr and Steve Sutherland, both of Reno, Nevada. The Property represents a consolidation of 23 claims previously held directly by Mr. Sutherland and 126 claims that were previously owned by subsidiaries of Newmont Mining Company that were acquired by Messrs. Duerr and Sutherland in 2013. The consolidation of the Medicine Claims is important because the program described within this Technical Report will be the first undertaken in which the entire district is united and can be evaluated as one integrated project with the benefit of the accumulated geological, geochemical, drilling and geophysical data. | |
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