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Prize Mining Corp.
Summary
| Project: | Mulloy | |
|---|---|---|
| Deposit: | Mulloy | |
| Location: | Canada | |
| Commodities: | Graphite | |
| Date: | 12/6/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-12-2018: Prize Mining Corp. announces a Supporting Acquisition report for its Mulloy deposit at the Mulloy project. Summary of property in support of option agreement. ClaimHunt Inc. (“the Consultants” or “ClaimHunt”) was retained by Prize Exploration I | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Stewart Jackson, Case Lewis (Independent;Claimhunt Inc.) | |
| ABSTRACT: | ClaimHunt Inc. (“the Consultants” or “ClaimHunt”) was retained by Prize Exploration Inc. (“Prize Exploration” or “Prize” or the “Company”) to prepare a Technical Report (the “Report”) on the Mulloy Property (the “Property”) located in Ontario, Canada. Prize Exploration entered into an Option Agreement on the Mulloy Property in November 2017, in which it can obtain up to a 90% interest in the Mulloy Property pursuant to the terms of the Option Agreement. The Mulloy Property is located approximately 85 km west-northwest of the town of Hearst, Ontario and consists of four unpatented mining claims located in Rowlandson Township, Porcupine Mining Division, Ontario and covering approximately 1,024 hectares. Access is via the Pitopiko lumber road stemming north from Hwy 11 which meanders east-west about 25 km south of the Property. The Property is prospective for graphite mineralization, as historical drilling on the property by Shell Canada in 1978 intersected two roughly 20-metre intervals of 90% modal estimates of graphite while the company was exploring the property for gold and silver mineralization. Additionally, the Property is located 15 kilometres west of Zenyatta Ventures’ Albany Graphite Deposit. Dr. Stewart A. Jackson, P.Geo. and Case Lewis, P.Geo. (the “Authors”) are jointly responsible for all sections of this Report. Mr. Lewis visited the Property on August 8, 2015. In completing the Report, the Authors held discussions with Prize Exploration Inc representative, Joe-Anne Salo, and reviewed historical data pertaining to the Property. The Authors are each a “Qualified Person” who are “independent” of Prize Exploration Inc. within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). The purpose of this report is to summarize historical work on the Property to be used by Prize Exploration Inc. in connection with its listing on a public exchange. | |
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