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Transaction Announcement Reports
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Project: | Baden | |
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Deposit: | Baden | |
Location: | Canada | |
Commodities: | Nickel-Gold | |
Date: | 7/25/2017 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 25-7-2017: Nunavik Nickel Mines Ltd. announces a Supporting Acquisition report for its Baden deposit at the Baden project. Summary of property in support of acquisition. At the request of Nunavik Nickel Mines Ltd. (“Nunavik Nickel Mines”), Geologica Group | |
Resources: | x | |
CP/QP: | [Overall Report]: Alain Jean Beauregard, Daniel Gaudreault (Geologica Groupe-Conseil Inc.) | |
ABSTRACT: | At the request of Nunavik Nickel Mines Ltd. (“Nunavik Nickel Mines”), Geologica Groupe-Conseil Inc. (“Geologica”) was given the mandate to complete a NI 43-101 Technical Report of Baden Property (“the Property”). The issuer, Nunavik Nickel Mines, is a new Canadian mineral exploration company. Geologica is an independent mining exploration consulting firm based in Val-d’Or (Quebec). This report was initially commissioned by Uranium Valley Mines Ltd. in connection with a transaction with Golden Valley Mines Ltd. The transaction was terminated effective February 17, 2017. Subsequent to the termination, Golden Valley Mines Ltd. entered into an option agreement with Nunavik Nickel Mines Ltd with respect to the property. This report is now being commissioned by Nunavik Nickel Mines Ltd. Geologica reviewed and evaluated the information submitted by Nunavik Nickel Mines and Golden Valley Mines in order to prepare the Technical Report and has formulated its own conclusions and recommendations. The authors relied on public documents filed at the Ontario Ministry of Northern Development (MNDM) and information provided by both Uranium and Golden Valley Mines for description of title and claim status. Moreover, significant sections and chapters of this report were taken from work reports prepared by previous property owners, from federal and provincial government studies as well as from work reports prepared by Golden Valley Mines There are no known environmental concerns or land claim issues pending with respect to the Property. It is understood and agreed that the properties were received by Nunavik Nickel Mines "as is" and that Nunavik Nickel Mines shall ensure that all exploration programs on the properties are conducted in an environmentally sound manner. | |
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