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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

Comment by Zoolooon Jun 19, 2021 11:48am
157 Views
Post# 33416675

RE:Miscellaneous

RE:MiscellaneousWell, things still seem a bit slow here, so I guess I will indulge myself with more odds and sods. As I said, at one time, in my distant youth Virginiatown had a very beautiful beach and on my reading of the Golden Candle 43-101 it appears to me that the Chesterville Mine (east of Kerr Addison and now part of Golden Candle's holdings) dumped tailings into the Eastern arm of Larder Lake with no containment whatsoever. These tailings silted over Virginiatown's once beautiful beach. It also appears to me (do your own research) that Golden Candle's present orebody (six million ounces) surrounds this eastern arm of Larder Lake and that further Golden Candle has some legacy rights to mine this material. I am not sure if these legacy rights extend to dumping tailings into Larder Lake which is, since it is quite a large lake, still largely uncontaminated. And as a testament to the one-time popularity of this beach I will tell this story: In the early 1960's it was said that the CIA was on Virginiatown's beach looking for people to participate in the upcomng invasion of Cuba (i.e. the Bay of Pigs invasion). A couple of chaps that were (allegedly) approached reported this to Kirkland Lake's newspaper the "Northern Daily News" who published it. The thinking of these chaps apparently was that this should be exposed lest some foolish person would take the CIA up on this offer.
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