LOCATION | Bellechasse and Panet townships, Beauce Region of Quebec |
OWNERSHIP | 1% Net Smelter Return (NSR) royalty. |
HISTORY | A 43-101 compliant resource estimate completed in 2012 by SGS at the Bellechasse-Timmins deposit outlined the Champagne Deposit is believed to be a deformed massive sulphide deposit of VMS-type and has a strike length of approximately 335 metres with mineralization extending to a depth of approximately 114 metres vertical. |
COMMODITIES | Au |
STATUS | Delta Resources Receives Final Tranche Payment of $400,000 to conclude the sale of the property to Yorkton Ventures. |
MINERALIZATION | Mineralization at the Bellechasse-Timmins deposit is believed to be of lode-gold, quartz-carbonate vein type. The Champagne Deposit is believed to be a deformed massive sulphide deposit of VMS-type. |