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Remo Resources Inc.
Summary
| Project: | Soledad | |
|---|---|---|
| Deposit: | Soledad | |
| Location: | Peru | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 12/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-12-2017: Remo Resources Inc. announces a Supporting Acquisition report for its Soledad deposit at the Soledad project. Summary of property in support of acquisition. Chakana Copper Corp. and its wholly-owned Peruvian subsidiary, Chakana Resources S.A.C. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jerry Dennis Blackwell (Independent) | |
| ABSTRACT: | Chakana Copper Corp. and its wholly-owned Peruvian subsidiary, Chakana Resources S.A.C. (“Chakana”) have entered into an agreement to acquire the Soledad Property (the “Property”) from Condor Resources Inc. (“Condor”). The Soledad Property is composed of 3 concessions totalling approximately 1139 hectares in area. Minera Vertiente Del Sol S.A.C. (“Vertiente”), a Peruvian corporation that is wholly-owned by Condor is the registered owner of the concessions. The Property has established copper-gold-silver targets.This report has been produced at the request of the management of Remo Resources Inc. (“Remo”) for filing with the TSX Venture Exchange (“TSX-V”), in connection with Remo’s application for approval to complete a “Reverse Take-Over” pursuant to policies of the TSX-V. The purpose of the report is to summarize salient features of the Soledad Property (the “Property” or “Soledad”), located in the Republic of Perú. Effective October 5, 2017, Chakana Copper Corp. (“CCC”) entered into an Amalgamation Agreement with Remo and 1124467 B.C. Ltd. (“Remo Sub”), a wholly-owned subsidiary corporation of Remo, which will result in Remo acquiring all of the issued and outstanding shares of CCC. | |
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