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Bedford Resource Partners
[Supply] Iron Ore

[SteelHome] 2019-07-22 21:26:56
Detail  The item has been checked 297 times
Product: Iron Ore,iron ore deposit for option
Specification: 29% magnetite low impurities ore
Quantity:
Price: for option
Delivery Place:
Delivery Warehouse:
Detail: Since 2005 over 0 million dollars in exploration and all NI43-101 compliant reports and studies have been completed to define the Lac Otelnuk 20 billion ton deposit that will be for option.
   
    Presently, it is held by Lac Otelnuk Mining a joint venture formed by the original jv partners, Adriana Resources and Wisco. Due to mergers
    of Wisco and Baosteel and later by Adriana Resources with Sprott Resource Holdings, these two new merged entities have decided this asset is not a core asset.
   
   
    Consequently the Lac Otelnuk iron deposit claims may revert to our firm (original claim owner / optionor) and become available for option in late
    2019 comprising of the original 129 claims plus 50% interest in the claims within the area of common interest.
   
    The Quebec Provincial government will provide financial assistance as specified in their "PLan Nord" economic development.
    https://plannord.gouv.qc.ca/en/financial-support/
   
    Please refer to this for detailed exploration and all report and studies information here:
   
    https://miningdataonline.com/property/1578/Lac-Otelnuk-Project.aspx#Overview
   
    Each of the original 129 claims has a 6 figure excess expenditures registered to it available to be applied against the future annual
    expenditure commitments (,500 per claim) to the Quebec ministry of Natural Resources,
    allowing the optionee on average 20 years of no expenditure requirements.
   
    The Lac Otelnuk camp is fully equipped and is on care and maintenance but will be dismantled by the transfer date if no one is interested.
   
   
    Please note the claims will revert to our firm in late 2019 and only s of interest can be accepted at this time.
   
   
Contact
Company Name:
Bedford Resource Partners
Company Abbr:
BRP
Address:
93 dupont st Toronto
Post Code:
Company website:
http://
 
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