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Transaction Announcement Reports
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Project: | Haute Mana | |
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Deposit: | Haute Mana | |
Location: | French Guiana | |
Commodities: | Gold | |
Date: | 4/25/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 25-4-2018: Reunion Gold Corp. announces an Exploration/Drilling Update report for its Haute Mana deposit at the Haute Mana project. report summarizing property and recommended exploration program. This report was prepared as a National Instrument 43-101 T | |
Resources: | x | |
CP/QP: | [Overall Report]: Keith Benn (Terracognita Geological Consulting Inc.) | |
ABSTRACT: | This report was prepared as a National Instrument 43-101 Technical Report (the Report) for Reunion Gold Corporation (RGD) by Terracognita Geological Consulting Inc. (TGC, the Consultant). The Report concerns the Geology, Mineralization and Exploration Potential of the Haute Mana Property (the Property) that is constituted by eight mining concessions (the Concessions) located within the Commune of Saül, in central French Guiana. The Property is a brownfields gold exploration property. Historical exploration activity, including trenching, pitting, mapping, geochemical and geophysical surveys, limited underground workings and drilling have identified multiple zones of gold mineralization located along an apparent structural trend. The thicknesses, average grades and continuities of mineralized zones remain to be defined. TGC understands that RGD has entered into an option agreement (the Transaction) dated December 1, 2016 with Union Minière de Saül (UMS) pursuant to which RGD is entitled to acquire an 80% interest in the Property by completing a preliminary economic assessment (PEA). The Transaction is subject to the approval of the TSX Venture Exchange (TSX-V). This Report is intended for use by RGD in seeking such approval. | |
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