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Transaction Announcement Reports
This is a NEW feature of RSC Mineral Intelligence that displays global reports published since April 2017 relating to transactions of mineral exploration, resource development, and mining properties, including property acquisitions, company acquisitions and takeovers.
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Project: | Eureka | |
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Deposit: | Eureka | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 3/27/2017 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 27-3-2017: Trifecta Gold Ltd. announces a Supporting Acquisition report for its Eureka deposit at the Eureka project. Summary of property in support of TSX-V listing of the company. Ms. Jean M. Pautler, P.Geo. was commissioned by Trifecta Gold Ltd., a com | |
Resources: | x | |
CP/QP: | [Overall Report]: Jean Marie Pautler (Independent) | |
ABSTRACT: | Ms. Jean M. Pautler, P.Geo. was commissioned by Trifecta Gold Ltd., a company duly incorporated under the laws of the Province of British Columbia, to examine and evaluate the geology and mineral potential of the Eureka Project (consisting of 347 Eureka claims) and to make recommendations for the next phase of exploration work in order to test the economic potential of the property. Based on the literature review and property examination recommendations are made for the next phase of exploration work. An estimate of costs has been made based on current rates for drilling, trenching, geoprobe, soil and geophysical surveys and professional fees in the Yukon Territory. This report describes the geology, previous exploration history and mineral potential of the Eureka Project and was prepared to support listing requirements of the TSX Venture Exchange by Trifecta Gold Ltd. The 7,200 hectare Eureka Project, NTS map sheets 115O/07 & 10, is centered at a latitude 63°32’N and a longitude of 13852’W, approximately 65 km south of Dawson City, and 370 km northwest of Whitehorse, Yukon Territory. The Eureka Project, consisting of 347 contiguous Eureka claims within the Dawson Mining District, covers the headwaters of the placer producing Eureka and Black Hills Creeks, just west of Eureka Dome and south of the Indian River within the unglaciated portion of the Yukon Plateau. The Eureka Project is road accessible, approximately 110 km by road from Dawson City. The claims are registered to Strategic Metals Ltd., subject to a plan of arrangement whereby Trifecta Gold Ltd., British Columbia, Canada will acquire 100% of the Eureka Project. The report was prepared to support listing requirements of the TSX Venture Exchange by Trifecta Gold Ltd. Over $120,000 in exploration has been spent on the Eureka Project in the last two years | |
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