BRVVF Musgrove Creek contains a historical NI 43-101 inferred mineral resource estimate of 8 million tonnes at 1.22 G/T AU (0.036 OZ/TON) at a gold cut off of 0.8 G/T (0.023 OZ/TON.
BRVVF is listed on 3 international exchanges in Germany, Dusseldorf, Stuttgard, and Frankfurt!
Interest in BRVVF has picked up in recent days!
Good Afternoon Traders,
We have something exciting for tomorrow!
We are Issuing an Immediate Alert on Quantum Cobalt Corp (BRVVF)
Currently at $0.796 BRVVF has made a big move up since it started trading on the OTCBB last June at under $0.25 a share. In December of last year BRVVF hit an all-time high of $1.50 but has come down significantly since than.
(BRVVF) is a natural resource play that has just started to cook up a little liquidity on the tape. This comes as the Company announces it has planned a drilling program (subject to permitting) to determine the size of a dump pile of material that was excavated during historic underground development work at the “Nipissing Lorrain Mine” Cobalt-Silver-Nickel Property (collectively, the “Nipissing Lorrain Mine Property” or the “Property”) located 26km South East of Cobalt, Ontario. The company intends to use this information to prepare a mineral resource estimate (per CIM definitions) and file a technical report on SEDAR.
Quantum Cobalt Corp (BRVVF) is a mineral-exploration resource company trading on the Canadian Securities Exchange. The Company is currently acquiring, and intends to begin exploring, the advanced exploration-stage Gold Projects. Currently Bravura is in the process of reviewing potential property acquisitions and Joint Ventures in the cobalt space. One recent such acquisition is the Rabbit Cobalt property is located 14 km southeast of the town of Temagami near the eastern border of Ontario. The district is mining friendly having a rich history of cobalt and silver production. 55km north of the property is Cobalt, Ontario. The epicenter of past producing cobalt mines in Ontario.
One can generally measure a mining Companys worth by their ability to raise capital and BRVVF is doing just that with a $3 million raise!
BRVVF is at the right place at the right time! the Cobalt market is BOOMING!
Cobalt if you didn’t know, is a major component in many types of large lithium ion batteries. The electric vehicle industry relies heavily on this mineral.
*the demand for COBALT is increasing!
Take a look at this article about Volkswagen stockpiling on cobalt: https://arstechnica.com/cars/2017/09/in-shift-towards-electric-vehicles-volkswagen-looking-for-cobalt-contracts/
Tesla, the king of electric vehicles could be facing a major issue keeping up with its own need for cobalt. The Democratic Republic of the Congo accounts for more than 60% of world cobalt production.
BRVVF CEO Greg Burns commented after the Companys recent closing on The 1000 hectare Rabbit Cobalt-Gold-Nickel-Silver Property: “This is a great step to our overall goal of expanding our land package and developing a resource in the town of Cobalt . Also with other recent company consolidations/acquisitions in the area it has reinforced our position on the project and direction of the company. The rabbit has great exploration potential as it has strong showings and has yet to be drilled out. With the majority of cobalt coming out of the Democratic Republic of Congo to have a plot of land in a stable political environment with great exploration potential, is a very exciting and something we look to take advantage of.”
The 1000 hectare Rabbit Cobalt-Gold-Nickel-Silver Property is located 55km south of Cobalt, Ontario and is 14 km southeast of the town of Temagami near the eastern border of Ontario. The district is mining friendly having a rich history of cobalt and silver production.
Basic economics would tell us that whenever there is a soaring demand and a market supply moving into deficit, shortages and consequently an impact on prices are inevitable.
New primary cobalt mines may come online should cobalt prices soar; however, exploration, licensing and development take time and require billions of dollars of investments. In addition, 60 percent of the world’s cobalt reserves and resources originate in the DRC, which is riddled with child labor and exploitation.
On the demand front, and according to the Cobalt Development Institute (CDI), 58 percent of global cobalt production is already used in many diverse industrial and military applications (super alloys, catalysts, magnets, pigments…) that rely exclusively on the material. Cobalt represents a negligible part of the costs for these companies and thus they can afford to pay regardless of the price.
KAHUNA COBALT PROPERTY
The Kahuna Cobalt property is located 14 km northeast of the town of Temagami and 37km south of the town of Cobalt near the eastern border of Ontario. The district is mining friendly having a rich history of cobalt and silver production.The epicentre of past producing cobalt mines in Ontario.
Property Status and Configuration
The Kahuna Cobalt property is comprised of 77 claim units and covers approximately 1,200 ha.
Access and Infrastructure
The Property is accessible by boat from Lorrain Lake which is accessed by 12 km of well maintained gravel surface roads off of leaving a major paved highway connecting the nearby town of Temagami and New Liskeard. The property is located 12 km from rail and power distribution lines.
Cobalt and silver mineralization occurs in calcite veins within the Nipissing Diabase as erythrite and native silver.
Friday Mines Limited operated the property in the 1920’s sinking a shaft and drifting on a 10 inch wide calcite vein with cobalt mineralization producing cobalt ore. In the 1960’s, Gibson Mines Limited explored the property and found cobalt and silver mineralization. More recently, in 1998 a portion of the property was staked a small soil survey reported anomalous cobalt and gold in the soil.
RABBIT COBALT PROPERTY
The Rabbit Cobalt property is located 14 km southeast of the town of Temagami near the eastern border of Ontario. The district is mining friendly having a rich history of cobalt and silver production. 55km north of the property is Cobalt, Ontario. The epicentre of past producing cobalt mines in Ontario.
Property Status and Configuration
The approximately 1,040 ha Rabbit Cobalt property is comprised of 65 claim units owned by Caprock Ventures.
Access and Infrastructure
The Property is accessible via Rabbit Lake which is accessed by 7 km of well maintained gravel surface road leaving highway 11, 3.5 km south of the town of Temagami. The property is located 10 km from rail and 5 km from power distribution lines.
Cobalt, gold and nickel mineralization is hosted within a fracture zone in diabase approximately 18 inches in width. The fracture is described as being at the contact between the mafic intrusive and the Gowganda Formation. A grab sample collected by A.G. Burrows returned an assay of 8.76% Cobalt, and 6.56% Nickel. The grab samples are selective samples, and are not necessarily representative of the mineralization hosted on the property.
Sporadic exploration of the property has occurred since at least 1955 with minimal focus on cobalt mineralization in more recent years. In 2002 JML Resources flew airborne geophysics over several prospects in the area looking for diamondiferous kimberlites and partially covered the property. Tres-Or Resources in 2005 was also exploring the area for diamondiferous kimberlites.
CREW CREEK PROJECT:
The Grew Creek Project consists of 670 claims located along the Robert Campbell Highway, midway between Faro and Ross River, Yukon.
- Contains the Carlos gold zone; a zone of gold mineralization defined by core and RC drilling over an area of 300 m along strike 100 meters wide and 400 meters deep
- Bravura drill intercepts from the Carlos Zone include:
- GCRC11-328 with 68.0 m of 5.96 g/t gold & 24.1 g/t silver including 4.0 m of 63.15 g/t gold and 344.0 g/t silver;(1)
- GC10-001 with 146.3 m of 1.72 g/t gold including 3.1 m of 17.93 g/t gold, 32.2 m of 2.80 g/t gold and 15.7 m of 2.90 g/t gold;(2) and
- GC11-281 with 92.0 m of 2.02 g/t gold including 44.0 m of 3.09 g/t gold.(3)
- The Carlos Zone remains open at depth and there is potential to discover deposits similar to the Carlos Zone along strike
- Year-round access and located ~900 m from the highway with power lines traversing the project area
MUSGROVE CREEK PROJECT:
Musgrove Creek is an advanced gold exploration project located in Lemhi County, Idaho, approximately 24 km (15 miles) southwest of the Beartrack Gold Mine previously operated by Meridian Gold Inc.
Musgrove Creek contains a historical NI 43-101 Inferred Mineral Resource estimate of 8 million tonnes at 1.22 g/t Au (0.036 oz/ton) at a gold cut-off of 0.8 g/t (0.023 oz/ton).
This is equivalent to 313,822 oz (9,761 kg) of gold
Originally modelled and calculated by David Makepeace, PEng, of Geospectrum Engineering in 2004 using Surpac International’s Vision mining software package, and disclosed on SEDAR by prior operator Wave Exploration Corp., this resource calculation is now considered a historical resource as a qualified person has not done sufficient work to classify the historical estimate as a current mineral resource or mineral reserve (the historic resource was disclosed in a report titled “Technical Report on the Musgrove Creek Gold Project, Salmon, Idaho,” by W. Gruenwald and D. Makepeace, dated Feb. 25, 2004). Bravura intends to re-model the mineralization and calculate a new mineral resource upon completion of additional definition drilling and the acquisition of high-quality topography (LIDAR or orthophotography derived). Therefore, Bravura is not treating the historical estimate as current mineral resources or mineral reserves.
Bravura Ventures Corp
SYMBOL: OTC/PINK: BRVVF
Shares Outstanding: 14,401,606
Market Cap: $8,070,660
BRVVF has a highly compelling chart setup: Currently at $0.796 BRVVF has made a big move up since it started trading on the OTCBB last June at under $0.25 a share. In December of last year BRVVF hit an all-time high of $1.50 but has come down significantly since than.
BRVVF Management & Directors:
Greg Burns – CEO
Mr. Burns has extensive skills in all areas of exploration geology, office-based management, data interpretation, project appraisal and acquisition. He has over 22 years of corporate and technical experience in mineral exploration, and has held executive board positions with several prominent exploration and mining companies in Canada and Australia.
Ken Tollstam – Director
Mr. Tollstam, CPA, CA has spent a number of years at Deloitte Touche where he obtained his CA before going on to hold various Executive Management and Director of Finance positions throughout his career. Most recently Mr. Tollstam serves as director and chief financial officer of several private and publicly traded companies.
Von Torres – Director
Mr. Torres brings experience in corporate management services to both private and public companies. Mr. Torres currently sits on the board and acts in a corporate secretarial role of multiple publicly traded companies.
Quinn Field-Dyte – Director
Mr. Field-Dyte has over 10 years of experience in the financial industry, having served from 1996 to 2001 as an investment adviser and later as a consultant to Raytec Development Corp. He currently sits on the board of directors for numerous TSX Venture Exchange-listed companies in the metals and mining industry.
OTC Disclosure & News Service
This newsletter is a paid advertisement, not a recommendation nor an offer to buy or sell securities. This newsletter is owned, operated and edited by IMA, Corp. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” or “IMA” refers to IMA Corp. Our business model is to be financially compensated to market and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website.
We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. We have been compensated up to $5,000 USD to conduct investor relations advertising and marketing for BRVVF by a third party, One22 Media, LLC . IMA’s business model is to receive financial compensation to promote public companies. This compensation is a major conflict of interest in our ability to be unbiased regarding the profiled companies. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. Our emails may contain forward looking statements, which are not guaranteed to materialize due to a variety of factors.
We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, IMA often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for human errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice.