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Roughrider Exploration Ltd.
Summary
| Project: | Eldorado | |
|---|---|---|
| Deposit: | Eldorado | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/13/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-4-2020: Roughrider Exploration Ltd. announces a Supporting Acquisition report for its Eldorado deposit at the Eldorado project. Summary of property in support of acquisition. The Eldorado Property is located within the Liard Mining Division in northwes | |
| Resources: | x | |
| CP/QP: | [Overall Report]: James Oliver (Oliver Geoscience International Ltd.) | |
| ABSTRACT: | The Eldorado Property is located within the Liard Mining Division in northwestern British Columbia approximately 23 km southeast of the village of Iskut and immediately east of Newcrest Mining/Imperial Metals Red Chris Property. The Property consists of 9 contiguous mineral tenure claims covering an area of 3,588.59 ha. The Property lies 10 km to the east-northeast of Imperial Metals’ Red Chris open pit porphyry copper-gold Mine. Currently Red Chris contains measured and indicated resources of 1,034.7 million tonnes of 0.35% Cu, 0.35 g/t Au and 1.14 g/t Ag (SEDAR filed report, Gillstrom, et al., 2015). The qualified person has been unable to verify the information in the Red Chris resource and that the information is not necessarily indicative of the mineralization on the property that is the subject of the technical report. Although significant copper gold intersections have been obtained from historic drill programs, the Eldorado property currently contains no known mineral resources or reserves. Early exploration began on the Eldorado Property principally between 1976 and 1995. Numerous past operators completed various exploration geochemical, geophysical and diamond drilling programs which outlined anomalous copper and gold in soils and shallow induced polarization (I.P) anomalies over a 500 m by 1,000 m area (Cooper, 1980). | |
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