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Transaction Announcement Reports
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Project: | Vernal | |
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Deposit: | Vernal | |
Location: | United States | |
Commodities: | Gold-Silver | |
Date: | 8/25/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 25-8-2017: Patriot Gold Corp. announces an Exploration/Drilling Update report for its Vernal deposit at the Vernal project. Summary of the geology and mineralisation of the Vernal Project. Patriot Gold Corp. (CSE: PGOL) is a junior American mineral explor | |
Resources: | x | |
CP/QP: | [Overall Report]: Jennifer Brown (J.J. Brown P.G. LLC) | |
ABSTRACT: | Patriot Gold Corp. (CSE: PGOL) is a junior American mineral exploration company with precious metals properties in Nevada. The Vernal Gold Project, located in Nye County, Nevada, is an early stage gold exploration project, wholly owned by Patriot Gold Corp. (“Patriot”), and is the subject of this report. Patriot has retained J.J. Brown P.G. LLC (“JJB”) to complete an independent review and evaluation of the geology and mineralization of the Vernal Gold Project (the “Vernal Project” or “Project”), including all exploration work carried out to date. The independent review and evaluation is a preliminary study which does not consider general or specific mine design parameters nor mining and/or processing methods, and as such is not intended to demonstrate the technical or economic viability of the Project. This report presents the results of JJB’s efforts, and is intended to fulfill the Standards of Disclosure for Mineral Projects according to Canadian National Instrument 43-101 (“NI 43-101”). The Vernal Gold Project consists of 12 unpatented federal mining claims covering approximately 240 acres in the northern Nye County, Nevada. The Project is located roughly 9 miles north of the historic townsite of Ione, Nevada, along the western flank of the Shoshone Mounains and within the boundaries of the Toiyabe National Forest. The Project is wholly owned by Patriot via a 2014 mineral claim lease agreement with MinQuest, Inc. | |
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