Risk and valuation analysis of the Turner Lake Project |
Status Risk : Green exploration |
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Title(s) of the Turner Lake Project |
| Northrock Resources Inc. Option on interest: 65% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Northrock can earn a 65% interest in the Turner Lake project from Trade Winds by spending
$1 million in the first year and issuing 150,000 shares. Northrock can earn an additional 10% by spending a further $500,000 and issuing an additional 250,000 shares. |
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Location of the Turner Lake Project |
Turner Lake Project is located 20km from BATHURST INLET, Nunavut, Canada.
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Geology of the Turner Lake Project |
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Mineralization is hosted in Archean Age volcanoclastics with minor ultramafic intrusives occuring along the footwall contact. No quiescent sedimentary units are occurring in the immediate area of the mineralization. Recent regional geological mapping more...
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