Risk and valuation analysis of the Kitsault Project |
Status Risk : Mine development |
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Title(s) of the Kitsault Project |
| Avanti Mining Plc. Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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The property was owned by ALI (Aluminerie Lauralco. Avanti has entered into a definitive purchase agreement anticipated to close in mid- October 2008. Included as part of the Kitsault land package are the Bell Moly and Roundy Creek molybdenum
deposi more... |
| Private Company Net Smelter Return: 1% |
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Title | Company Profile | All Projects | Company website | Company project page |
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A royalty payable by CMC to Bell Molybdenum Mines Limited (Bell), on each ton of ore
mined and removed from the following Claims: 250340, 250341, 250342, 250343,
250344, 250345, 250346, 250347, 250390 and 250391. The royalty is as follows:
US$0.10 more... |
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Location of the Kitsault Project |
The Kitsault property is located about 140km north of Prince Rupert, British Columbia, and south of the head of Alice Arm, an inlet of the Pacific Ocean. The property includes three known molybdenum deposits, Kitsault, Bell Moly, and Roundy Creek.
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History of the Kitsault Project |
Historical mineral resource and reserve estimates are based on information collected and compiled from the 1950’s to the early 1980’s. Although the estimates
are the result of best practices at that time, they do not necessarily comply with require more...
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Geology of the Kitsault Project |
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Several 50 to 55Ma intrusives in the Alice Arm region are the foci of molybdenum deposits,
including the several on the Kitsault property. These igneous units intruded argillite and
graywacke that are part of the Jurassic to Lower Cretaceous Bowser more...
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