Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

Free
Message: Carmi Moly Project

Ahh, yes, we can't forget the Carmi property:

Recent

·Hi Ho Silver drilled 21 verification holes.

·Producing a 43-101 resource estimate with an indicated 16.5 million lbs.iand an inferred 33.5 million lbs. molybdenum.

·On July 12, 2012 they accidentally let the claims lapse.

It looks like Dorian Leslie was right on top of the July 12, 2012 date:

Owners:

LESLIE, DORIAN

100.0%

Tenure Events:

Submitter

Event

Effective Date

LESLIE, DORIAN

CEXT Claim Registration (Acquisition)

2012/JUL/12

LESLIE, DORIAN

SOW Exploration and Development Work / Expiry Date Change(

2013/JUN/13

According to the tenures in the 43-101 provided by Hi-Ho, all 5 of the claims lapsed in 2011?

HI HO SILVER RESOURCES INC.

CIL Payment Instead of Exploration and Development Work)

2011/JUN/09

MINERAL TITLES BRANCH

FORF Forfeiture)

2011/JUL/11

The lapse date was also verified in Hi Ho’s MD&A for July 2011, but the reaquisition date still doesn't appear correct. I'm not sure what this is all about:

In July, 2011 the Carmi claims were forfeit as the Company did not have sufficient capital to pay the required sustaining fees. Third party groups re-staked the claims, all of which were re-acquired in July and August, 2011

Share
New Message
Please login to post a reply