NEWMAC PROJECT
NEWMAC PROJECT
Country Canada 
Province British columbia
Status GREEN EXPLORATION 
Latitude / Longitude 55 N 52 / 131 W 33
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Risk and valuation analysis of the NEWMAC PROJECT
Status Risk : Green exploration
Country Risk : Very Low
Title(s) of the NEWMAC PROJECT
Newmac Resources Inc.
: 100%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
In the summer of 2003 Newmac Resources Inc acquired a 100% interest in the property from Canevex Resources Ltd., a private corporation which acquired claims that became the Newmac Property in 1987. Between 1987 and 1998 Canevex had signed three option to purchase agreements on the property with three separate optionees.
Location of the NEWMAC PROJECT
The Newmac Property is situated in the Chilcotin region of southwestern British Columbia.
 
History of the NEWMAC PROJECT
In the period 1987 to 1988 junior miner Jacqueline Gold Corporation explored the property. Between 1989 and 1991 Noranda Exploration Company, Limited held an option on the property and in 1998 junior miner Ascot Resources Ltd. operated the property.  more...
 
Geology of the NEWMAC PROJECT
Work, completed in the periods 1987 to 1991 and in 1998, was on a porphyry target referred to as the “B Grid” or Butler Lake target located approximately 3 kilometres to the south of the Bornite Showing Area at a higher elevation on the mountain. Whi more...
 
Location
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