Property claim write downs up to Jan 31st 2020 MD&A so farBC Nickel N. Property
In October 2018, the Company indirectly acquired a 100% interest in certain mineral claims in British Columbia under the SPA. During the year ended January 31, 2020, the Company decided to drop this property. Accordingly, previous acquisition costs of $180,000 were written off.
BC Henry Gold-Copper Prospect
In August 2018, the Company acquired a 100% interest in two separate gold-copper prospects totaling 1,989 acres located in the Golden Triangle Gold District in British Columbia for staking costs of $3,481. During the year ended January 31, 2020, the Company decided to drop this property. Accordingly, previous staking costs of $3,481 were written off.
BC Gold Mountain Property
In April 2017, the Company acquired a 100% interest in three separate claim blocks (the "BC Gold Mountain Property") comprising of 1,245 acres near the town of Wells, British Columbia for staking costs of $1,382. During the year ended January 31, 2020, the Company decided to drop this property. Accordingly, previous staking costs of $1,382 and exploration costs of $4,581 were written off.
BC Why West Magnesium Project and the Buddy Claims
During the year ended January 31, 2018, the Company paid $2,632 and $3,108 in acquisition costs for the Why West Magnesium Project and the Buddy Claims, respectively. In April 2018, the Company acquired a 100% interest in certain mineral claims in British Columbia to increase the holdings in its Why West Magnesium Project for staking costs of $4,689. During the year ended January 31, 2019, the Company decided not to continue with the Why West Magnesium Project and the Buddy Claims. Accordingly, prior acquisition costs of $7,321 and $3,108 respectively, were written off during the year.