Risk and valuation analysis of the Chester One Project |
Status Risk : Feasibility |
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Title(s) of the Chester One Project |
![](http://www.24hgold.com/24hpmdata/pub/2818_trelawney.gif) | Trelawney Resources Inc. Option on interest: 100% |
![](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) | ![Company project page](http://www.24hgold.com/style/all/img/bouton/website.png) |
Title | Company Profile | All Projects | Company website | Company project page |
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Trelawney has entered into an agreement to purchase a 21.62% undivided interest in leased mining Claim 266 (which comprises part of the Chester Project), consisting of 11 standard one-unit claims, in consideration of 500,000 common shares of Trelawney. Trelawney has an option to acquire 92.5% of the balance of the interest in Claim 266. |
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Location of the Chester One Project |
Chester Property is located in northern Ontario, approximately halfway between Sudbury and Timmins. It is located on a geological “break” that is en echelon to the west of the Cadillac-Larder Lake Break, that hosted the Kirkland Lake mines.
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History of the Chester One Project |
Extensive underground development took place in the flow-through boom of the 1980s, but only a bulk sample of less than 10,000 tons was mined.
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