| Risk and valuation analysis of the CAPE RAY Project |
| Status Risk : Green exploration |
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| Title(s) of the CAPE RAY Project |
 | Cornerstone Capital Resources Inc
: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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 | Thundermin Resources Inc
Joint venture: 55% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Enter into option JV agreement with Cornerstone. can earn a 55% interest in the Cape Ray property by spending $1,750,000 on exploration and by making cash payments of $100,000 and issuing 150,000 Thundermin shares to Cornerstone over five years. |
 | Terra Nova Gold Corp |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the CAPE RAY Project |
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Located approximately 75 km west of the Hope Brook gold mine on Newfoundland's southwest coast, the Cape Ray Gold property is comprised of 3 licences, covering an area of 113.75 km2.
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| History of the CAPE RAY Project |
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The Cape Ray property lies within a mineral concession that was granted to British Newfoundland Exploration Ltd. in 1953 by the government of Newfoundland and Labrador. In 1975-76, Amax Ltd. found several galena-rich quartz veinlets in the strongly a more...
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| Geology of the CAPE RAY Project |
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The CRFZ is a complex reverse-oblique fault zone of Late Silurian to Early Devonian age which forms the boundary between the Windsor Point Group and the Grand Bay and Point aux Basques complexes of the Point aux Basques gneiss. The CRFZ hosts the Cap more...
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