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Lennie |
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Pays |
Canada
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Statut |
GREEN EXPLORATION
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Nombre de parcelle |
10 |
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Légende
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| Statut : Green exploration |
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| Risques / Pays : Tres bas |
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 | Premier Gold Mines Ltd.
Interest: 100% |
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| Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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| For this acquisition, Premier will pay $400,000 in cash payments over three years and 160,000 shares of Premier, including $100,000 and 40,000 shares on signing. A 3.0% Net Smelter Return royalty ("NSR") is payable to the vendor, of which one-third (1% NSR) can be purchased at any time for the sum of $1.0 Million. A finders' fee is payable to an arm's length party in relation to this transaction. |
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The Lennie Project is strategically located northeast of the Red Lake Gold Mines complex along the same geological contact that hosts the major gold mines in Red Lake.
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The last exploration to occur on the Lennie property was a small, shallow drill program in 1996. That program intersected faults containing mineralized quartz-carbonate veins in Balmer rocks. It is anticipated that deep drilling will begin in the spr Plus...
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It covers the important unconformity between the ore-hosting Balmer volcanic rocks and the overlying sedimentary rocks. Folded ultramafic rocks and conjugate fault structures, similar to those at the mine, are interpreted to be located on the Lennie claims and will be the focus of an exploration program that will begin immediately on the property, including diamond drilling.
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Conditions d'utilisation
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Toutes les informations présentes sur cette page proviennent de sources internes et externes considérées comme fiables. Ces informations peuvent ne pas être à jour, il est vous donc vivement conseillé de recouper ces informations avant de faire quoi que ce soit. Merci de nous contacter dans le cas ou une information manquerait ou s'avererait incorrecte.
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