Risk and valuation analysis of the Seagull Project |
Status Risk : Green exploration |
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Title(s) of the Seagull Project |
![](http://www.24hgold.com/24hpmdata/pub/783_east.gif) | East West Resources Corp |
![](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company Profile Company Profile](http://www.24hgold.com/style/all/img/bouton/website.png) | ![All Projects All Projects](http://www.24hgold.com/style/all/img/bouton/website.png) | ![](http://www.24hgold.com/style/all/img/bouton/website.png) | ![](http://www.24hgold.com/style/all/img/bouton/website.png) |
Title | Company Profile | All Projects | Company website | Company project page |
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In order to acquire its initial 30%, Black Panther is required to spend $500,000 in exploration expenditures by February 28, 2009. Under the Option Agreement, Black Panther also has the right to increase its interest in the Seagull Property up to 51% more... |
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Location of the Seagull Project |
The Seagull Property is located approximately 90km north of Thunder Bay, Ontario and consists of 17 staked claims with 159 claim units with an area of 2,544 hectares.
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Geology of the Seagull Project |
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Magnetic susceptibility modelling is being refined to trace dike-like bodies in the basement in the vicinity of the Seagull property. One large north trending "dike-like" feature has been identified in earlier modeling of the original Seagull magnetic data that still requires follow-up.
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