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Rouge Resources Ltd.
Summary
| Project: | Pampas El Penon | |
|---|---|---|
| Deposit: | Pampas El Penon | |
| Location: | Chile | |
| Commodities: | Gold-Silver | |
| Date: | 8/4/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-8-2016: Rouge Resources Ltd. announces a Supporting Acquisition report for its Pampas El Penon deposit at the Pampas El Penon project. Summary of property in support of acquisition. The Pampas El Peñon Property is a gold-silver exploration property in t | |
| Resources: | x | |
| CP/QP: | [Overall Report]: James Albert McCrea (Independent) | |
| ABSTRACT: | The Pampas El Peñon Property is a gold-silver exploration property in the Antofagasta Region (II) of northern Chile subject to an agreement where Rouge Resources Ltd. (‘Rouge‘ or the ‘Company’), purchases 100% of Arena Minerals Inc.’s (‘Arena’) interest in 4-year option agreement to earn an 80% interest in Pampas El Peñon Property, plus the remaining 20% of the property held by the underlying owner Sociedad Química y Minera de Chile S.A. (‘SQM’). At the request of Rouge Resources Ltd., James A. McCrea, P. Geo., carried out an independent review of the Pampas El Peñon Property (the ‘Property’) in the Municipality of Antofagasta, Antofagasta Region (II), Chile. The author conducted a property examination, reviewed available exploration results and prepared this independent technical report (the ‘Report’) in accordance with the requirements of National Instrument 43-101 (‘NI 43-101’) and Form 43- 101F1 (Standards of Disclosure for Mineral Properties) to be a comprehensive review of the exploration activities on the property, and, if warranted, to provide recommendations for future work. For the purposes of NI 43-101, the Property is considered an early-stage exploration property. | |
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