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Orecap Invest Corp V.OCI

Alternate Symbol(s):  ORFDF

Orecap Invest Corp. is a Canada-based company. The Company’s focus is on special situation investments in the natural resources sector, precious and critical metal assets and businesses. The Company has equity positions in portfolio companies, such as American Eagle Gold, QC Copper and Gold, Mistango, Awale Resources and Cuprum Corp., in addition to owning a broad portfolio of land packages focused on gold, copper and zinc. The Company’s portfolio includes American Eagle Gold, QC Copper and Gold, Mistango River Resources, Awale Resources, and Cuprum Corp. Its American Eagle Gold is focused on advancing its NAK property located in the Babine Copper-Gold Porphyry district in central British Columbia. QC Copper is focused on acquiring and developing copper projects in the Chibougamau region. The Company owns several gold projects: the Mirado project near Kirkland Lake, the Knight project in the Shining Tree District and the McGarry Project near Virginiatown, Ontario.


TSXV:OCI - Post by User

Post by LedtoBelieveon Jan 26, 2021 6:38pm
143 Views
Post# 32392411

Summary of Orefinders Drilling Campaign

Summary of Orefinders Drilling CampaignI managed to take some notes durring Ore Day from Dr. Keith Benn's presentation, (VP of Exploration).

I will summarize by time line.

Currently: Tyranite Area is being drilled. As of Jan. 22, 4500 of 5600 meters has been drilled. There are 13 holes being drilled here. Historically, 31,000 ozs of gold was mined here in the 1940s.

February 2021: Porphery Lake is being drilled. Mainly shallow holes, 7 drill holes, they will spend 3.5 weeks drilling here.4 shallow targets + 3 Minto Type targets. Historically, there has been very little drilling here.  Recently there was a newly recognized structure found here that runs through to the Duggan area, and this is a wild card for this drilling area.

March 2021: Duggan Project: located 2000 meters west of Tyranite area. Comprises of Sedimentary rock, 3000 meters total drilling is planned here. 4 deep holes are planned. A 3D adversion model done here indicates a similarity to the tyranite formation.

End of March 2021: Mirrado Project, South of Kirkland Lake. One goal is to expand the MZ zone extension. Currently there is 400K ozs inferred in this open pit style mine area. I didn't write down how many meters will be drilled here.
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