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Wolverine Technologies Corp.
Summary
| Project: | Cache River | |
|---|---|---|
| Deposit: | Cache River | |
| Location: | Canada | |
| Commodities: | Copper-Gold | |
| Date: | 10/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-10-2017: Wolverine Technologies Corp. announces an Exploration/Drilling Update report for its Cache River deposit at the Cache River project. Summary of property and exploration in support of CSE listing. The Cache River property is located on NTS Map S | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Timothy Froude (Not stated) | |
| ABSTRACT: | The Cache River property is located on NTS Map Sheet 13F/04 in the Electoral District of Lake Melville in south central Labrador, Canada, approximately 120 road kilometers west of the community of Happy Valley-Goose Bay, the regional hub and business center. The 90% owned Cache River property was originally acquired by Wolverine Exploration in 2007 through a combination of optioning third party claims and by staking. The property, which originally consisted of 522 claims, has subsequently been downsized to a single mineral license 013472M comprising 6 claims or 150 hectares. The Cache River property lies within the Grenville Province of south-central Labrador in an area with poor exposure and little historical exploration. The underlying bedrock is inferred to be mainly gneisses of Late Paleoproterozoic age locally intruded by granite – quartz monzonite and megacrystic granitoid rocks of the Trans Labrador Batholith. In the 1950’s and 60’s BRINEX and NALCO sent field parties to the region, but no significant mineralization was reported. Regional scale geological mapping was conducted by the Government of Newfoundland and Labrador in the Cache River area in 1987 and aggregate resource mapping took place in 1997. | |
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