For thousands of other reports visit RSC's Mineral Intellingence Map
Walcott Resources Ltd.
Summary
| Project: | Cobalt Hill | |
|---|---|---|
| Deposit: | Cobalt Hill | |
| Location: | Canada | |
| Commodities: | Gold-Cobalt | |
| Date: | 3/27/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-3-2019: Walcott Resources Ltd. announces a Supporting Acquisition report for its Cobalt Hill deposit at the Cobalt Hill project. Summary of property and recommendations for further work. The Cobalt Hill Property is located 5 kilometres east of Castlega | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Linda Dandy (Independent) | |
| ABSTRACT: | The Cobalt Hill Property is located 5 kilometres east of Castlegar, BC, and consists of 8 mineral tenures totalling 1727.43 hectares. The Property is owned by Jack Denny of Salmo, BC and is under option to Walcott Resources (“Walcott”) Ltd. of Vancouver, BC, who has the right to earn a 100% interest in the Property, subject to a retained Net Smelter Return. The Cobalt Hill Property covers a portion of the multi-phase Bonnington pluton, which has intruded sedimentary, volcanic and sub-volcanic rocks of the Jurassic Rossland Group. These older rocks occur as embayments, pendants, and possible fault slices within the pluton, and are typically metamorphosed with relic textures preserved only locally (Caron, 2010). There are many known mineralized showings on the Cobalt Hill Property, which can generally be categorized into two types: mineralization related to intrusion of the Bonnington pluton; and mineralization related to Eocene-aged structural activity. Five BC Ministry of Energy and Mines Minfile showings are situated on the Property: Maud S (082FSW325), BW (082FSW382), Hilltop (082FSW383), Breccia (082FSW385) and Scott (082FSW396). The property exhibits widespread gold mineralization generally associated with narrow, often wide-spaced quartz veins. This high grade gold mineralization has been found in numerous locations throughout the property and is well described in historic assessment reports filed with the BC Ministry of Energy and Mines. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report