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Sunvest Minerals Corp.
Summary
| Project: | McKinnon | |
|---|---|---|
| Deposit: | McKinnon | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/12/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-10-2016: Sunvest Minerals Corp. announces a Supporting Acquisition report for its McKinnon deposit at the McKinnon project. Technical report on property filed in support of acquisition by Sunvest. The following report was prepared to provide a National | |
| Resources: | (Resource, Inf.): 4.957Mt @ 1.50g/t Au for 239100oz Au contained at McKinnon | |
| CP/QP: | [Resources]: Eugene J. Puritch (P&E Mining Consultants Inc.) | |
| ABSTRACT: | The following report was prepared to provide a National Instrument (“NI”) 43-101 Technical Report and Resource Estimate for the gold mineralization contained in the McKinnon Gold Property (“Property”), in Hawkins and Walls Townships, Sault Ste. Marie and Porcupine Mining Divisions, Ontario, Canada. The claims forming the McKinnon Gold Property are registered to Pavey Ark Minerals Inc. On September 7, 2016, Sunvest Mineral Corp. announced that it had acquired an option to earn a 100% interest in the McKinnon Gold Property. The current report updates the earlier NI 43-101 technical report and resource estimate dated May 31, 2016 that was prepared for Pavey Ark by P&E. The current report has been updated to reflect Sunvest’s option agreement to acquire the Property. In addition, the mining claim assessment requirements have been updated to reflect the October 11, 2016 effective date of the current report. Otherwise, the technical data in this report remains the same as that in the May 31, 2016 report since there were no changes to this data. Mr. Eugene Puritch, P.Eng., the President of P&E, and a qualified person under the regulations of NI43-101, conducted a site visit to the Property on May 11, 2016. An independent verification sampling program was conducted by Mr. Antoine Yassa, P.Geo. of P&E and a qualified person under the regulations of NI43-101, at the Ontario Ministry of Northern Development and Mines Core Storage Facility located at Sault Ste. Marie, Ontario, on January 27, 2016. | |
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