Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re: alluvial gold
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Aug 20, 2016 08:34AM

Hello Hoov,

Whilst on the subject of UBR/HPQ's gold claims in the Beauce, do you know to what extent they explored the resource and why, after almost ten years, they have not mined it. They plan to spin the properties off for mining while they pursue the SG silicon market...ok, a good idea, but what's so tough about setting up a placer operation, the teams on 'Gold Rush' are pulling thousands of ozs per short season, and they're basically amateurs bumbling along, learning as they go.

FC

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