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Transaction Announcement Reports
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RSC News | ✓ | ✓ | ✓ |
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Project: | Foremore | |
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Deposit: | Foremore | |
Location: | Canada | |
Commodities: | Gold-Silver-Copper-Lead-Zinc | |
Date: | 3/11/2020 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 11-3-2020: Sassy Resources Corp. announces a Supporting Acquisition report for its Foremore deposit at the Foremore project. Amended summary of property in support of acquisition. Sassy Resources Corporation (“Sassy Resources”) entered into an agreement w | |
Resources: | x | |
CP/QP: | [Overall Report]: Trevor Boyd, Elisabeth Ronacher (Ronacher McKenzie Geoscience Inc. Canada) | |
ABSTRACT: | Sassy Resources Corporation (“Sassy Resources”) entered into an agreement with Lorne Warren of Smithers, BC, to acquire 100% interest in the 35 mineral claims of the Foremore Property (“the property”) in north-central British Columbia. The property covers 14,585 ha and is located in the Stikine Terrane, the largest and westernmost allochthonous terrain of the Intermontane Superterrane. The Foremore Property is predominantly underlain by the Devono-Mississippian Stikine Assemblage, a suite of variably foliated mafic to felsic flows and volcaniclastics, interbedded limestone, and fine clastic sediments. Overlying these rocks and of limited aerial extent are arc volcanic rocks and sedimentary rocks of the Upper Triassic Stuhini Group. The eastern portion of the property is dominated by the early Mississippian More Creek Pluton, coeval with and likely feeder to the Devono-Mississippian volcanic rocks. On the western portion of the property, a several kilometer long, northeast trending, low angle fault divides the lower, more foliated and phyllitic lithologies to the west from less foliated volcanic rocks to the east. | |
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