Risk and valuation analysis of the Broulan Reef Project |
Status Risk : Early discovery |
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Title(s) of the Broulan Reef Project |
| Cypress Development Corp. Joint venture: 84.33% |
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Title | Company Profile | All Projects | Company website | Company project page |
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In January of 2006, Cypress Development announced that the Company has entered into an agreement with a third party to acquire a 80% interest in the Broulan Reef property (claims # KRL41961 to KRL 41970) located in the heart of the Red Lake gold camp more... |
| Skyharbour Resources Ltd. Joint venture: 15.67% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Broulan Reef Project |
The Broulan Reef property is located in the Bruce Channel area in the heart of the Red Lake gold camp. The acreage is comprised of 10 mineral claims (21 year renewable Leases with the Ontario Government), situated adjacent to the south of Gold Eagle Mines (TSX: GEA) Bruce Channel discovery,
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History of the Broulan Reef Project |
The Broulan Reef property has never had any detailed exploration conducted as it is 90% overlain by the waters of the Bruce Channel of Red Lake until Cypress and Skyharbour Resources acquired the ground in January 2006.
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