RIVER VALLEY PGM Project |
|
RIVER VALLEY PGM |
|
Country |
Canada
|
|
|
|
|
Close to |
Sudbury |
Status |
GREEN EXPLORATION
|
|
|
|
|
|
|
Latitude / Longitude |
46 N 30 / 80 W 21 |
|
|
|
|
Legends
|
|
|
|
|
|
|
Risk and valuation analysis of the RIVER VALLEY PGM Project |
Status Risk : Green exploration |
|
|
|
|
|
|
|
|
|
|
|
Title(s) of the RIVER VALLEY PGM Project |
| Mustang Minerals Corp Owner: 100% |
| | | | |
Title | Company Profile | All Projects | Company website | Company project page |
|
The River Valley property is a PGM exploration project located in the Sudbury Mining
Division in Ontario, Canada. In order to earn a 100% interest in certain of the claims
comprising the River Valley property, the Company has the following commitme more... |
| Pan American Silver Corp. Interest: 30% |
| | | | |
Title | Company Profile | All Projects | Company website | Company project page |
|
On March 4, 1999, the Company entered into a joint venture agreement with Aquiline
Resources Inc. ("Aquiline"), whereby in order to earn a 70% interest in a portion of the River
Valley property, Aquiline must make cash payments of $90,000 (outstanding as of
December 31, 2001 - nil) and make exploration expenditures of $500,000 over three years. |
|
|
|
Location of the RIVER VALLEY PGM Project |
Aquiline has an extensive land position and several properties in the River Valley Ultramafic Itrusive PGM bearing Complex located approximately seventy kilometers east of Sudbury. The Complex is host to Pacific Northwest Capital Corporation's Dana Lake Palladium/Platinum project with a reported indicated and inferred resource of 1,025,500 ounces of palladium, platinum and gold.
|
|
|
|
|
|
|
|
|
Data last updated on : 12/31/2001
|
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.
|
|
|
|