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Strongbow Exploration Inc.
Summary
| Project: | South Crofty | |
|---|---|---|
| Deposit: | South Crofty | |
| Location: | United Kingdom | |
| Commodities: | Tin-Copper-Zinc | |
| Date: | 2/17/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 17-2-2017: Strongbow Exploration Inc. announces a PEA report for its South Crofty deposit at the South Crofty project. PEA results incl. post-tax NPV (5%) of US$130.5M, IRR of 23.4%, 8 year LOM. This Technical Report and Preliminary Economic Assessment, w | |
| Resources: | (Resource): 1.917Mt @ 1.70% SnEq (Ind.) and 1.202Mt @ 1.52% SnEq% (Inf.) | |
| CP/QP: | [Resources]: Eugene Puritch, Richard Routledge (P&E Mining Consultants Inc.) | |
| ABSTRACT: | This Technical Report and Preliminary Economic Assessment, with an effective date of February 16, 2017, was prepared by P&E Mining Consultants Inc. (“P&E”) at the request of Mr. Richard Williams, P.Geo, President and CEO of Strongbow Exploration Inc (“Strongbow” or the “Company”). Strongbow is a TSX Venture Exchange listed Canadian-based company with its head office located in Vancouver, B.C., Canada. This report was prepared to provide an independent Technical Report and Preliminary Economic Assessment on the South Crofty Tin Project (“South Crofty Project”, the “Project” or the “Property”) located in Cornwall, United Kingdom. In 2016, Strongbow purchased 100% interests in Western United Mines Limited (“WUM”) and Cornish Minerals Limited (Bermuda) (“CMLB”), which own the surface and underground mining rights to the South Crofty Project. The South Crofty Project is a past-producing underground tin mine located in the town of Pool in the historic Cornwall tin mining district of southwest England. The Project is located 390 km west-southwest of London, England and is approximately 4.5 km south of the Celtic Sea coast. | |
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