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Silcom Systems Inc.
Summary
| Project: | Gunman | |
|---|---|---|
| Deposit: | Gunman | |
| Location: | United States | |
| Commodities: | Zinc-Silver-Copper | |
| Date: | 6/13/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-6-2017: Silcom Systems Inc. announces a Supporting Acquisition report for its Gunman deposit at the Gunman project. Summary of property in support of acquisition. The authors have prepared the Gunman NI 43-101 Technical Report (the report) at the reque | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Daniel W. Kalmbach, Gerald E. Ray (Independent) | |
| ABSTRACT: | The authors have prepared the Gunman NI 43-101 Technical Report (the report) at the request of Silcom Systems, Inc. (Silcom), detailing exploration results at the Gunman property located in White Pine County, Nevada. Silcom holds an option to acquire an 80% interest in the project from Cypress Development Corp. (Cypress), which owns the mineral rights to 23 unpatented lode mining claims covering an area of 470 acres. The project’s location is shown on Figure 1-1. This report has been prepared in accordance with National Instrument 43-101 and Form 43-101F1. This report updates Cypress’ Gunman Zinc-Silver Project National Instrument 43-101 Compliant Technical Report (Marvin, 2014) with an effective date of March 17, 2014. The report discusses drilling completed by Cypress in 2014 and updates the overall scope of the project, and provides recommendations for further exploration work. Drilling and surface sampling at the project resulted in the discovery of multiple zones with zinc and silver mineralization present over a strike length of roughly 2,500 feet. The northern most mineralization known at the project was discovered in 2007 and this mineralization remains underexplored. The reader or potential investor is cautioned that the Gunman property has no mineral resources and no estimates of mineral resources have been published | |
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