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Ubique Minerals Ltd.
Summary
| Project: | Daniels Harbour | |
|---|---|---|
| Deposit: | Daniels Harbour | |
| Location: | Canada | |
| Commodities: | Zinc | |
| Date: | 8/13/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-8-2018: Ubique Minerals Ltd. announces a Supporting Acquisition report for its Daniels Harbour deposit at the Daniels Harbour project. Summary of property to support listing. This report is an amendment to the previously filed technical report of the s | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Elliot Stuckless (Independent) | |
| ABSTRACT: | This report is an amendment to the previously filed technical report of the same title (effective date December 1st, 2017). The original report outlined a three phase program in the recommendations section (Section 26) which has been condensed to a two phase program in this report. The Daniel’s Harbour Property consists of 7 mineral licences (22337M, 25085M, 25179M, 25180M, 25497M, 25539M & 25555M) comprised of 108 map-staked claims, covering a total area of 27km2 . The property is located on NTS map sheet 12I/06, approximately 10 kilometers northeast of the small community of Daniel’s Harbour on Newfoundland’s Northern Peninsula. The property lies just off of Route 430N, a paved road which joins the Trans-Canada Highway (TCH – Route 1) at the town of Deer Lake. The Daniel’s Harbour area first came to prominence in 1963 when prospectors were preforming reconnaissance stream geochemistry, looking for lead and zinc deposition in carbonate rocks (i.e. Mississippi Valley-Type deposits). A significant anomaly led two prospectors to the edge of what would become known as Zinc Lake and the “A” zone was discovered. By the mid-1970s Leitch Gold Mines, the primary project operator during that time, had completed a feasibility study on the property and reported an estimated (non43-101 compliant) minable ore reserve 4,451,000 tons at an average grade of 8.78% Zn (Billheimer, 1974). Mining began in 1975 with initial production of 1500 tons/day and continued until operations were ceased in the early 1990s; during this period the reported production was 7,225,375 tons at an average grade of 7.93% Zn (Caines, 1990). | |
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