| CONEY ARM Project |
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CONEY ARM |
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Country |
Canada
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Province |
Newfoundland |
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Close to |
Saint pierre |
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Status |
ADVANCED DISCOVERY
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Surface |
3 km² / 741 acres |
Number of claims |
12 |
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Latitude / Longitude |
49 N 54 / 56 W 49 |
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Legends
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| Risk and valuation analysis of the CONEY ARM Project |
| Status Risk : Advanced discovery |
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| Title(s) of the CONEY ARM Project |
 | Cornerstone Capital Resources Inc
Option on interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Kermode can earn a 100% interest in the property by spending CDN$ 70,000 on exploration over a four year period and issuing 20,000 shares to Cornerstone. |
 | Kermode Resources Inc |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Kermode Resources entered into an option agreement with Cornerstone Resources Inc. to acquire a 100% interest in the property. |
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| Location of the CONEY ARM Project |
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The Coney Arm property consists of 12 claims covering an area of 3 km2 located in western Newfoundland.
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| History of the CONEY ARM Project |
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The property has an inferred resource of 130,000,000 tonnes of material suitable for industrial uses.
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| Geology of the CONEY ARM Project |
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The property has an inferred resource of 130,000,000 tonnes of material suitable for industrial uses. In addition, exploration for Carlin-type sediment-hosted gold mineralization is being carried out on the property by Kermode Resources,
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Data last updated on : 6/21/2006
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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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