International Curator Resources (IC-T) has extended for a second time its takeover offer Royal County Minerals (RMI-V).
International Curator is offering four of its own shares for each Royal County share.
The offer is now good through June 16.
Royal Country holds the Kinaskan property in northwestern British Columbia, which is adjacent to Curator’s GJ gold-copper project. GJ hosts a gold-rich porphyry copper system that hosts drill intercepts of up to 1.9 grams gold per tonne and 0.7% copper over 68 metres. The Kinaskan property covers 130 sq. km and hosts 16 known mineral occurrences, as well as gold, copper and silver stream-sediment and soil anomalies. A drill intercept at the Gordon vein cut 2.5 metres averaging 19.9 grams gold per tonne.
Also in Royal County’s stable are the Bob Creek gold-silver prospect, near Houston, B.C., and the QCM gold property, 250 km northwest of Prince George, B.C.
At Bob Creek, previous drilling on a series of quartz-feldspar porphyry dykes and hydrothermal breccias returned up to 69 grams gold and 13.03 grams silver per tonne over 6.1 metres, and 3.25 grams gold and 30.89 grams silver over 21.75 metres. In addition, several lower-grade intercepts of up to 156.1 metres grading 0.79 gram gold and 10.29 grams silver indicate bulk-tonnage potential.
The QCM property hosts a 300-by-130 metre gold-in-soil anomaly that averages 600 parts per billion gold. Limited drilling intercepted 36.5 metres grading 1.31 grams gold and a 27.4-metre section grading 1 gram gold.
Be the first to comment on "International Curator extends Royal County bid"