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Project: | St. Onge | |
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Deposit: | St. Onge | |
Location: | Canada | |
Commodities: | Wollastonite | |
Date: | 4/24/2018 | |
Report Code: | NI43-101 | |
Report Type: | Resource Estimation | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 24-4-2018: Vertical Exploration Inc. announces a Resource Estimation report for its St. Onge deposit at the St. Onge project. Initial resource estimate announced at project. April 24 th, 2018, VANCOUVER, B.C. – VERTICAL EXPLORATION INC. (V: VERT.H) (“Vert | |
Resources: | (Resource: M+I): 14.081Mt @ 36.61% Wollastonite at cut-off grade of 30% | |
CP/QP: | [Resources]: Claude Duplessis; Claude Bisaillon; Merouane Rachidi (GoldMinds Geoservices Inc.) | |
ABSTRACT: | April 24 th, 2018, VANCOUVER, B.C. – VERTICAL EXPLORATION INC. (V: VERT.H) (“Vertical” or “the Company”) is pleased to announce its first 43-101 mineral resource estimate at its St. Onge Wollastonite project in Quebec. The Company’s wollastonite property is located within NTS map sheet 22E04, in the Saguenay-Lac Saint-Jean Region of Québec, within the Regional Municipality (MRC) of Maria-Chapdelaine. The geographic center of the property is at approximate latitude 49º09’25” N and longitude 71º33’50” W or 5,448,069 N and 313,061 E in UTM Zone 19. The property covers approximately 1,520 hectares divided into 27 exploration claims. The consolidated rocks of the St-Onge Township area are of Precambrian age and form part of the metamorphic rocks of the Grenville Province of the Canadian Shield. The resource calculation is accompanied by a revised interpretation for the entire area drilled at St-Onge to date. In order to prepare the mineral resource estimate, a compilation of historical diamond drill holes data was done. The historical core samples were retrieved from the original owner residency in Lac StJean, sorted and verified at Magnor Exploration Inc. facility at Ville de LaBaie, Saguenay. This has enabled the company to carry out core sampling, core density measurements as well as independent 981989.1 sampling. A LIDAR topography has been used and provided by Jean-Luc Corriveau Legal Surveyor. The same group who surveyed two diamond drill hole collars in the 1990’s | |
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