NEWMAC PROJECT |
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NEWMAC PROJECT |
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Country |
Canada
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Province |
British columbia |
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Status |
GREEN EXPLORATION
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Latitude / Longitude |
55 N 52 / 131 W 33 |
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Legends
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Risk and valuation analysis of the NEWMAC PROJECT |
Status Risk : Green exploration |
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Title(s) of the NEWMAC PROJECT |
| Newmac Resources Inc. : 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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In the summer of 2003 Newmac Resources Inc acquired a 100% interest in the property from Canevex Resources Ltd., a private corporation which acquired claims that became the Newmac Property in 1987. Between 1987 and 1998 Canevex had signed three option to purchase agreements on the property with three separate optionees. |
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Location of the NEWMAC PROJECT |
The Newmac Property is situated in the Chilcotin region of southwestern British Columbia.
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History of the NEWMAC PROJECT |
In the period 1987 to 1988 junior miner Jacqueline Gold Corporation explored the property. Between 1989 and 1991 Noranda Exploration Company, Limited held an option on the property and in 1998 junior miner Ascot Resources Ltd. operated the property. more...
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Geology of the NEWMAC PROJECT |
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Work, completed in the periods 1987 to 1991 and in 1998, was on a porphyry target referred to as the “B Grid” or Butler Lake target located approximately 3 kilometres to the south of the Bornite Showing Area at a higher elevation on the mountain. Whi more...
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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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