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Volatus Capital Corp.
Summary
| Project: | Sunset Copper Star | |
|---|---|---|
| Deposit: | Sunset Copper Star | |
| Location: | Canada | |
| Commodities: | Copper-Silver | |
| Date: | 5/31/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 31-5-2019: Volatus Capital Corp. announces a Supporting Acquisition report for its Sunset Copper Star deposit at the Sunset Copper Star project. Technical report summarising property in support of acquisition. The Sunset Copper Star Property (the “Sunset | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Donald MacIntyre (D.G. MacIntyre and Associates Ltd.) | |
| ABSTRACT: | The Sunset Copper Star Property (the “Sunset Copper Star Property” or the “Property”) is located on Vancouver Island, British Columbia, Canada, approximately 19 kilometres northwest of the city of Campbell River. The Property consists of two contiguous mineral titles covering an area of 1138.15 hectares. These mineral titles were acquired by electronic staking in October and November 2018 and are held by Craig Lynes on behalf of Rich River Exploration Ltd. (“Rich River”). Volatus Capital Corp. (“Volatus” or the “Company”) has optioned the Property from Mr. Lynes and is the operator. Access to the Sunset Copper Star Property is via the Browns Bay forest service road (“FSR”) that connects to Highway 19 southwest of the Property. Historical work done on the Property dates back to 1899-1901 when three adits were driven on the Sunset veins. Very little work has been done on the Property since this time period. New logging roads have improved access to the Property. This road construction has exposed several new showings of high grade copper mineralizations. The area covered by the Property is mainly underlain by the upper part of the Karmutsen Formation stratigraphy, comprising mainly thick massive flows with local intercalations of amygdaloidal basalt and pods of autoclastic breccias, pillowed and massive flows with thin intercalations of volcaniclastic and limey sandstones all cut by thin dolerite/gabbro sills. Three documented mineral occurrences are found on the Sunset Copper Star Property. These are the Star, Sunset, and FS stratiform showings. Historical work has focused on the Sunset showing where several exploratory tunnels have been driven along a north trending shear that contains high grade copper mineralization. | |
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