For thousands of other reports visit RSC's Mineral Intellingence Map
Stratton Resources Inc.
Summary
| Project: | Stratton | |
|---|---|---|
| Deposit: | Gander, Quinn, Millertown, Frenchman | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/2/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-3-2017: Stratton Resources Inc. announces a Supporting Acquisition report for its Gander, Quinn, Millertown, Frenchman deposit at the Stratton project. Summary of property in support of acquisition. On November 3, 2016, Stratton Resources (Canada) Inc. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: D. Roy Eccles (APEX Geoscience Ltd.) | |
| ABSTRACT: | On November 3, 2016, Stratton Resources (Canada) Inc. (“Stratton”) announced that the company had entered into an option agreement with Wildwood Exploration Inc. to acquire the rights to 4,777 mineral claims totaling 119,000 hectares in central Newfoundland, Canada. Stratton Resources (Canada) Inc. is the wholly owned subsidiary of Stratton Resources Inc., a public company headquartered in the City of Vancouver, British Columbia focused on the discovery and development of precious and base metal projects. This Technical Report has been prepared for Stratton by APEX Geoscience Ltd. The mineral claims are comprised of four separate groups of claims referred to collectively as the “Properties” or “Sub-Properties” or individually as a “Sub-Property”. There are four principal gold deposit types in Newfoundland: orogenic (or mesothermal); epithermal; sediment-hosted; and volcanogenic massive sulphide (“VMS”)-related gold. Gold mineralization in Newfoundland occurs in two main episodes: one related to the late Proterozoic construction of the Avalon Zone (a detached piece of the West African craton Pan African belts); and more significantly with respect to Stratton’s Properties, to the development of the Appalachian Orogeny. A preliminary conclusion of this Technical Report is that central Newfoundland, and in particular the Exploits Subzone of the Dunnage tectonostratigraphic zone, has tremendous grassroots exploration potential. Attributing factors to support this broad statement include: a rejuvenated and developing gold region; a mining friendly jurisdiction; ease of access to the Properties; and orogenesis, timing of mineralization and structural association of gold emplacement. The most prospective gold environments in central Newfoundland directly or indirectly involve: Cambrian to Silurian sedimentary rocks, which were developed in continental margin and arc settings; younger Early Silurian to Early Devonian felsic intrusions; and major faults, shear structures or conjugate fault zones, particularly in structurally competent reactive rock units where brittle fracturing may produce fluid mobilization and vein development. | |
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