For thousands of other reports visit RSC's Mineral Intellingence Map

Pinnacle North Gold Corp.

opaxe

Summary

Project:

Donna

Deposit:Donna
Location:Canada
Commodities:Gold-Silver
Date:10/15/2019
Report Code:NI43-101
Report Type:Supporting Acquisition
Project Stage:Pursuing Resources Definition
Report details:15-10-2019: Pinnacle North Gold Corp. announces a Supporting Acquisition report for its Donna deposit at the Donna project. Summary of property in support of acquisition. This report has been produced at the request of the management of Cure Capital Corp
Resources:x
CP/QP:[Overall Report]: Stephen Kenwood (Independent)
ABSTRACT:This report has been produced at the request of the management of Cure Capital Corp (“Cure”) for filing with the Canadian Securities Exchange (the “CSE”). On January 17, 2019, 1149781 BC Ltd. and Eagle Plains Resources Ltd. (“Eagle Plains”) entered into an agreement whereby 1149781 BC Ltd. could earn a 60% undivided right, title and interest in the Donna Property by making certain cash and share payments and incurring exploration expenditures on the Donna Property. On June 13, 2019, 1149781 B.C. Ltd. assigned its interest in the option agreement with Eagle Plains to Cure in exchange for 2,000,000 common shares and $25,000. Under the terms of the option agreement, Cure has an option to earn a 60% interest in the Property by completing exploration expenditures of $3,000,000, making cash payments of $235,000 and issuing 1,000,000 common shares to Eagle Plains over a 4 year period. The purpose of the report is to summarize salient features of the Property and to provide recommendations for further exploration of the Property, if warranted.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report