| Great Burnt Lake Project |
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Great Burnt Lake |
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Country |
Canada
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Province |
Newfoundland |
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Close to |
St. albans |
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Status |
ADVANCED DISCOVERY
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Surface |
59 km² / 14,455 acres |
Number of claims |
234 |
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Latitude / Longitude |
48 N 10 / 56 W 13 |
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Legends
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Explores for
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Copper - Gold -
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| Risk and valuation analysis of the Great Burnt Lake Project |
| Status Risk : Advanced discovery |
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| Title(s) of the Great Burnt Lake Project |
 | Celtic Minerals Ltd.
Interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Under the terms of the agreement, the Company acquired a 100% interest in the property, subject to a 2% NSR, by issuing Noranda (now Falconbridge) 500,000 common shares. In addition, the Company will be required to pay CAD1 million or issue the share equivalent upon commencement of commercial production. |
 | Xstrata plc |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Retains the right to purchase up to 100% of the ore or concentrate produced from the property. Held by Noranda prior to merger with Falconbridge - the resulting company was named Falconbridge Ltd. |
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| Location of the Great Burnt Lake Project |
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The property is located in Central Newfoundland, 35 km southeast of the Duck Pound Mine site a,d 50 km northwest of the community of St. Albans.
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Data last updated on : 1/9/2008
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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