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Straightup Resources Inc.
Summary
| Project: | Hi-Mars | |
|---|---|---|
| Deposit: | Hi-Mars | |
| Location: | Canada | |
| Commodities: | Copper-Molybdenum | |
| Date: | 1/22/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-1-2020: Straightup Resources Inc. announces a Supporting Acquisition report for its Hi-Mars deposit at the Hi-Mars project. Summary of property in support of acquisition. This technical report describes and evaluates historical and recent exploration w | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Don MacIntyre (D.G. MacIntyre & Associates Ltd.) | |
| ABSTRACT: | This technical report describes and evaluates historical and recent exploration work done on the Hi-Mars mineral property (the “Property” or the “Hi-Mars Property”). The Property, which is road accessible, is located approximately 17 kilometres northeast of the City of Powell River in southwest British Columbia, Canada. The Property is at an early stage of exploration. There are no estimates of mineral resources or reserves for the Property. This technical report has been prepared at the request of Straightup Resources Inc. (“Straightup” or the “Company”), a private company seeking listing on the Canadian Securities Exchange. The qualifying property consists of 11 contiguous mineral titles covering an area of 1788.00 hectares within the Vancouver Mining Division of southwest British Columbia, Canada. These mineral titles are held by Mr. Craig Lynes on behalf of Rich River Exploration Ltd. (“Rich River”). Straightup has entered into an Option Agreement (as defined below) with Mr. Craig A. Lynes and Rich River, pursuant to which the Company has earned an initial 51% interest in the property and has an option to earn the remaining 49% interest in the Property. This technical report describes the results of the 2017 exploration program completed on the Hi-Mars Property. This program involved collecting 73 rock and 726 soil samples mainly along existing logging roads. This work was done by Rich River on behalf of Straightup. All samples were analyzed by ALS (“ALS”), North Vancouver B.C. A Statement of Work claiming assessment credit of $107,450.52 for the work done in 2017 was filed with the BC Mineral Titles Branch on May 29, 2018 (MTO Event 5698635). | |
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