The Project RAGLAN / BELANGER is in EARLY DISCOVERY stage. Mining Property in CANADA Province of QUEBEC : Ownership, location, history, geology, maps, reserves and resources, related press releases

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Raglan / Belanger Project

Raglan / Belanger

Country

Canada

Province

Quebec

Close to

Kangiqsujuaq

Status

EARLY DISCOVERY

Surface

2,520 km² / 622,692 acres

Latitude / Longitude

61 N 19 / 75 W 17

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Produces

Develops

Explores for

Copper - Nickel - Palladium - Platinum -

Last updated on 12/9/2010 - Terms of Use

Risk and valuation analysis of the Raglan / Belanger Project

Status Risk : Early discovery

Country Risk : Very Low

Title(s) of the Raglan / Belanger Project

Goldbrook Ventures Inc
Owner: 100%


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Goldbrook purchased the property from Cascadia Intl Res. , effective August 16th, 2007. As consideration for the sale of the Property, Goldbrook has (i) paid to Cascadia $2 million (Cdn funds); (ii) issued 2 million shares; (iii) issued 2 million com more...

Anglo American plc
Option on interest: 70%


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Anglo American can earn up to a 70 % interest in the Raglan / Belanger properties by funding exploration costs and delivering a feasability study. Anglo must spend no less than $ 20 millions over fo years to earn a 51% interest in the properties. In addition, Anglo subscribed to 1,818,182 Goldbrook shares at 55 cents a share for a total cost of $ 1 million.

Cascadia International Resources Inc
Net Smelter Return: 0.5%


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Location of the Raglan / Belanger Project
The Raglan Ni-Cu-PGE District is located in the Cape Smith Fold Belt – an east-west trending belt approximately 325 km long in the Ungava Peninsula of Northern Quebec

History of the Raglan / Belanger Project
In 2003, Goldbrook's management initiated an aggressive program of ground acquisition and joint ventures in the Raglan District. As a result, Goldbrook now has an operating interest in approximately 623,000 acres, making the Company the single largest holder of mineral rights in the Raglan District.

Geology of the Raglan / Belanger Project
The Cape Smith Belt is part of the Trans-Hudson Orogen, an ancient orogenic belt some 1.8 – 2.2 billion years old that can be correlated with other Proterozoic rocks to the east in the Labrador Trough, and to the west in the Thompson Nickel Belt, Man more...

Exploration and drilling

10/21/2010	(Goldbrook Ventures)Complete 2010 Summer Exploration Program
7/13/2010	(Goldbrook Ventures)Commences 2010 Drill Program on Raglan Project
6/25/2010	(Goldbrook Ventures)Raglan Project Mobilizes Summer Field Crews
5/18/2010	(Goldbrook Ventures)Raglan Winter Geophysics Program Underway
11/12/2009	(Goldbrook Ventures)2009 Drilling Enhances Mystery Ni-Cu-PGE Sulphides
6/30/2009	(Goldbrook Ventures)Announces Start of Raglan Drilling Program 2009
5/27/2009	(Goldbrook Ventures)Exploration Update
8/17/2007	(Cascadia Res.)Cascadia closes the sale of Raglan properties to Goldbrook
6/3/2005	(Goldbrook Ventures)Anglo American form Raglan joint venture

Discoveries and Drilling Results

12/9/2010	(Goldbrook Ventures)Intersects Massive Sulphides
10/22/2010	(Goldbrook Ventures)Discovers Echo One
10/21/2009	(Goldbrook Ventures)Confirms Significant Resource Potential at Timtu
10/6/2009	(Goldbrook Ventures)Discovers Deep Extension to Ni-Cu-PGE Sulphides at TIMTU
9/4/2008	(Goldbrook Ventures)Discovers Ni-Cu-PGE Sulphide Zone at Mystery
5/9/2008	(Goldbrook Ventures)Announces Multiple Intersections at Getty
5/1/2008	(Goldbrook Ventures)Announces 6.05 Metres 2.72% Nickel at Sylvie

Location

Data last updated on : 1/9/2008

Disclaimer
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.