RUTTAN Project |
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RUTTAN |
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Country |
Canada
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Province |
Mapids |
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Close to |
Leaf rapids |
Status |
PRODUCTION
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Latitude / Longitude |
56 N 28 / 99 W 38 |
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Legends
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Risk and valuation analysis of the RUTTAN Project |
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Title(s) of the RUTTAN Project |
| Trevali Mining Corp. Interest: 60% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Kria has an option to acquire 100% of Ruttan and Bill 5025 claims subject to a 4% NSR royalty.
Terms include cash payment of Canadian $350,000 and 300,000 shares of Kria. At election of optioner, a final payment of Cdn $750,000 or 750,000 Kria sh more... |
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Location of the RUTTAN Project |
The two Kria Ruttan properties are approximately 21 km east of the village of Leaf Rapids, which in turn is approximately 750 km north-northwest of Winnipeg, Manitoba, Canada.
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History of the RUTTAN Project |
The Ruttan Project, located 21 kilometres east of Leaf Rapids, Manitoba, is a copper-zinc sulphide orebody that was discovered in 1968. Production from the mine began in 1973 with continuous mine production for 29 years. Historical production from Ruttan has been reported to be approximately 55 million tonnes grading 1.23% copper and 1.41% zinc. Kria has the option to acquire 100% of Ruttan.
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Geology of the RUTTAN Project |
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The Ruttan Mine is a bimodal-siliciclastic type of volcanogenic massive sulphide deposit (VMS) similar to those found in the Iberian Pyrite Best of Portugal and Spain and in the Bathurst district of New Brunswick.
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Data last updated on : 8/17/2009
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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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