This purchase consolidates Falcon with CBLT's Copper
There are many overlooked wonderful properties like Falcon in safe jurisdictions,' said
Location
Falcon comprises a contiguous block of 3 patented claims, within
The Property lies within the Huronian Gold Belt, a zone of past gold producers that extends from northeast of the
History
Like CBLT's adjacent Copper
CBLT has not been able to find any production data associated with the past producing
The Bailey Report and Resource Estimate
The most interesting report dates from 1996, authored by
Bailey then recommended: As the adjacent Copper
This is what CBLT has done. It has consolidated title along part of the Garson Fault, allowing for efficient exploration for gold, copper and cobalt, and ensuring all value created through such exploration can be retained within CBLT.
Subject to the qualifications set out above, Bailey went on to report on a resource estimate at Falcon:
In 1988,
CBLT intends to carry out a summer work program at Falcon and Copper
CBLT also advises it intends to carry out work on at least two of its other properties this summer, and intends to continue with M&A activity as opportunities present themselves.
Contact:
Tel: 1 416 890 1232
Email: pclausi@cbltinc.com
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