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Transaction Announcement Reports
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Project: | Up Town | |
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Deposit: | Up Town | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 5/2/2018 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 2-5-2018: Royal Lifescience Corp. announces a Supporting Acquisition report for its Up Town deposit at the Up Town project. Summary of property in support of acquisition. Aurora Geosciences Ltd. (Aurora) was commissioned by Rover Metals Corp. (Rover) to p | |
Resources: | x | |
CP/QP: | [Overall Report]: David White (Aurora Geosciences Ltd.) | |
ABSTRACT: | Aurora Geosciences Ltd. (Aurora) was commissioned by Rover Metals Corp. (Rover) to prepare an independent, Canadian National Instrument 43-101 Technical Report (NI 43-101), for the Up Town Gold property, located in the Northwest Territories, Canada, for Royal Lifescience Corp. (RLC). Rover has entered into an amalgamation agreement with RLC. This report provides details of gold exploration conducted to date which shows that the property is a property of merit suitable for further advancement. The property is located in Canada’s Northwest Territories, approximately three kilometers north of the city of Yellowknife, and geographically centered at 62°30’ North latitude and 114°24’ West longitude. The property is comprised of six mineral claims, totaling 3,267.24 hectares. The claims are located on 1:50,000 NTS map sheets 85J/08 and 85J/09. The property was initially staked by Panarc Resources Ltd. (Panarc) to cover gold showings that occur in intrusive rocks adjacent to the Yellowknife greenstone belt; a deposit model similar to the Granny Smith and Woodcutters Goldfield deposits in Australia, and the Renabie, Perron, Hammond Reef, and Cote Lake deposits in Canada. | |
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