For thousands of other reports visit RSC's Mineral Intellingence Map
Sassy Resources Corp.
Summary
| Project: | Nicobat | |
|---|---|---|
| Deposit: | Nicobat | |
| Location: | Canada | |
| Commodities: | Nickel-Copper-PGM | |
| Date: | 2/24/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-2-2020: Sassy Resources Corp. announces a Supporting Acquisition report for its Nicobat deposit at the Nicobat project. Summary of property in support of acquisition. Sassy Resources Corporation (“Sassy Resources”) holds 174 non-contiguous mining cell | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Elisabeth Ronacher (Ronacher McKenzie Geoscience Inc.) | |
| ABSTRACT: | Sassy Resources Corporation (“Sassy Resources”) holds 174 non-contiguous mining cell claims covering 2,183 ha in the Rainy River area of northwestern Ontario. A total of 165 cell claims are owned 100% by Sassy Resources Corporation (“Crystal Lake”), but are subject to a 2% net smelter return (“NSR”) to Emerald Lake Development Corp. (“Emerald Lake”). Sassy Resources hold 15% and Emerald Lake 85% in nine cell claims. The property is located in the Wabigoon subprovince (Superior Province) of the Canadian Shield. The claims are within in the Rainy River Block, which is characterized by metavolcanic rocks into which large felsic and smaller mafic-ultramafic intrusions were emplaced. The mafic-ultramafic intrusion can host semi-massive and massive Ni-Co-Cu-PGE mineralization. Mineralization was intersected in a drill hole on claim 101078; it consists of semi-massive breccia and disseminated sulfides, dominantly pyrrhotite (60-70%) with some pentlandite (10%) and minor chalcopyrite. Elsewhere in the area, Ni-Cu-PGE occurrences are also associated with mafic-ultramafic intrusions. The area has been explored for Ni-Cu-PGE and VMS-type Zn mineralization since the early 1950s but no major deposit has been found to date. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report