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Tasca Resources Ltd.
Summary
| Project: | Bleiberg | |
|---|---|---|
| Deposit: | Bleiberg | |
| Location: | Austria | |
| Commodities: | Lead-Zinc | |
| Date: | 5/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-5-2017: Tasca Resources Ltd. announces a Supporting Acquisition report for its Bleiberg deposit at the Bleiberg project. Amended summary of property in support of acquisition. The Bleiberg property consists of 116 exploration licenses totaling 6,582.4 h | |
| Resources: | (historic estimate only) | |
| CP/QP: | [Overall Report]: R. Tim Henneberry (Internal) | |
| ABSTRACT: | The Bleiberg property consists of 116 exploration licenses totaling 6,582.4 hectares, 130 kilometres southeast of the city of Salzburg, Austria. Tasca Resources Ltd. is earning a 100% interest in 116 exploration licenses from Samarium Borealis Corporation of Vancouver, British Columbia by making a $60,000 cash payment on TSX Venture Exchange approval and a further $60,000 cash payment within two years of TSX Venture Exchange approval. There are no additional payments or royalties. The Bleiberg property is one of four major lead zinc deposits associated with the Periadriatic Lineament, a regional suture stretching from Italy through Austria and Slovenia to Romania. These deposits are hosted in Triassic lagoonal sediments. In the Bleiberg area these consist of the Wetterstein Formation, a dolomitic carbonate platform and the overlying Raibl Group, an alternating sequence of three 10 to 40 metre thick terrigenous clastic and 30 to 70 metre thick carbonate evaporate units. Mineralization is largely confined to the upper 60 metres of the 300 metre thick Wetterstein Formation and the first or lowermost carbonate evaporate unit in the overlying Raibl Group. Mineralization consists of classic stratabound mineralization in the upper 60 metres of the Wetterstein; the Kalkscholle, Josefischolle, Riedhardscholle breccia bodies also in the upper Wetterstien; and stratabound mineralization in the overlying Raibl Formation. Tasca Resources Ltd. has yet to undertake any exploration on the Bleiberg property as this technical report is provided to support its acquisition. The Bleiberg mine ran from the 1300’s through to 1993, when it closed as part of a larger bankruptcy of the Austrian state owned mining conglomerate. | |
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