For thousands of other reports visit RSC's Mineral Intellingence Map
Project One Resources Ltd.
Summary
| Project: | Aura | |
|---|---|---|
| Deposit: | Aura | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/22/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-11-2018: Project One Resources Ltd. announces an Exploration/Drilling Update report for its Aura deposit at the Aura project. Summary of previous exploration conducted on the property. The Rogers Creek Property (the Project or the Property) covers 212. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brian Fowler (Independent) | |
| ABSTRACT: | The Rogers Creek Property (the Project or the Property) covers 212.34 km2 in the Coastal Mountain Belt of British Columbia about 90 km northeast of Vancouver, B.C. The Property consists of 47 mineral claims and is being explored by Carube Copper Corp. (CUC:TSX.V) (“Carube”) for porphyry-style copper-gold mineralization. On May 24, 2018, Carube announced it had signed an Option Agreement with Tocvan Ventures Corp. (Tocvan), a private company based in Calgary, Alberta, that provides Tocvan the right to earn 80% of the Rogers Creek Property, as part of Tocvan’s Going-Public Transaction (Transaction) for listing on the Canadian Securities Exchange (CSE). This Technical Report was prepared for Tocvan to summarize exploration work completed to date and support technical disclosure in public documents. This Technical Report has been prepared in compliance with the requirements of National Instrument 43-101 and Form 43-101F1. Property Description and Location The Property straddles the Lower Lillooet River valley, approximately 90 km northeast of Vancouver and 26 km south of Pemberton, British Columbia. The Property consists of 47 contiguous mineral claims covering 212.34 km2 . Carube owns a 100% interest in the Property, subject to a 2.5% Net Smelter Return (NSR) Royalty (Poirier Royalty) to Mr. Gary Poirier (Vendor), of which 1.25% can be bought back for $1.25 M at the time of a production decision. Sufficient assessment work has been filed to keep key parts of the Property in good stead until the end of 2019 and 2021. | |
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