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Orecap Invest Corp V.OCI

Alternate Symbol(s):  ORFDF

Orecap Invest Corp. is engaged in exploration, development and production of exploration and evaluation assets in Canada. Its projects include Mirado Project, McGarry Project, Knight Project, Grizzly Project and GSL Zinc Project. The Mirado gold project is located over 35 kilometers (km) southeast of the gold mining town of Kirkland Lake in northeastern Ontario. The focus of the Mirado Gold Project consists of 12 contiguous patented claims. The McGarry property is in Virginiatown, Ontario, within the Abitibi Greenstone Belt. The McGarry project encompasses 681 hectares and is comprised of 46 patented mining claims and five mining licenses. The Knight Project is located along highway 560 in the Knight and Tyrell townships of Ontario, approximately 80 km east of Gogama and over 100 km southwest of Kirkland Lake. The GSL Zinc Project is a 60,000-hectare property in Northwest Alberta. The Company also holds controlling interest in a Thierry Copper Mine located in Pickle Lake, Ontario.


TSXV:OCI - Post by User

Bullboard Posts
Comment by LedtoBelieveon May 27, 2018 10:12pm
67 Views
Post# 28086906

RE:RE:AGM summary

RE:RE:AGM summary
No, I don't recall anything being said about the permitting process with the Ontario Government, or even any updates about where we are in the process. It sure would be good to have some form of an update though. One point discussed however was the importance of getting the best possible the toll mining contract signed, as it is a very "complex agreement" according to Stephen. There are a number of choices, and perhaps this needs to be done before the permitting can actually proceed. I believe transportation costs were stated as being $12 per tonne for 100 kms, and there was mentioned an option to travel just 30 kms, but the actual milling costs are another thing, along with how much capacity is available for ORX at the mill.
Bullboard Posts