| CODROY PROJECT |
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CODROY PROJECT |
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Country |
Canada
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Province |
Island of newfoundland |
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Close to |
Saint pierre |
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Status |
GREEN EXPLORATION
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Surface |
271 km² / 66,964 acres |
Number of claims |
1085 |
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Latitude / Longitude |
47 N 55 / 59 W 08 |
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Legends
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| Risk and valuation analysis of the CODROY PROJECT |
| Status Risk : Green exploration |
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| Title(s) of the CODROY PROJECT |
 | Cornerstone Capital Resources Inc
Interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| By staking. Entered in an agreement with Phelps and assumed US$75,000 exploration expenditures in the first phase. During the earn-in period, Cornerstone will be the operator. |
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| Location of the CODROY PROJECT |
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The Codroy project consists of 1085 map-staked claims covering 271 km2 of the Carboniferous-aged Bay St. George Sedimentary Basin. The basin is part of the much larger Maritimes Basin which extends from Newfoundland southwest through Nova Scotia and New Brunswick.
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| History of the CODROY PROJECT |
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The Bay St. George Basin has been intermittently explored for salt and uranium primarily in the 1970's. Numerous uranium occurrences were discovered during that period and, while no systematic base metal exploration was conducted, the work documented copper showings in association with uranium mineralization.
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| Geology of the CODROY PROJECT |
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This geological environment is considered highly permissive for the development of Sediment-hosted Stratiform Copper (SSC) deposits, uranium and salt and potash deposits.
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Data last updated on : 9/28/2009
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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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