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Blind Creek files Technical Report for Engineer Gold Mine Property, B.C.
Blind Creek files Technical Report for Engineer Gold Mine Property, B.C. Canada Ne...
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[{"type":"text","content":"\n\n\n\nBlind Creek files Technical Report for Engineer Gold Mine Property, B.C.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Jan. 30, 2018\n\n\n\nVANCOUVER, Jan. 30, 2018 /CNW/ - (TSX-V: BCK) – Blind Creek Resources Ltd. (\"Blind Creek\" or the \"Company\") is pleased to announce the filing on SEDAR of a NI 43-101 Technical Report (the \"Engineer Gold Mine Technical Report\") for the Company's 100% owned Engineer Gold Mine Property, situated 32 kilometres northwest of Atlin, B.C.  The Technical Report, which includes a re-stated Inferred Mineral Resource Estimate and is entitled \"Engineer Gold Mine, British Columbia, Canada, January 2018\" was written by Darren O'Brien, P. Geo, Michael Redfearn, P. Eng. and Dr. Simon Dominy, FAusIMM(CP), FGS(CGeol), dated January 18, 2018. The Engineer Gold Mine Technical Report is also available for download from the Company's website at www.blindcreekresources.com .\n\n\n \n \n\n \nEngineer Gold Mine Property Spinout\n\nThe Engineer Gold Mine Technical Report provides basis for Blind Creek's recently announced intention to transfer its Engineer Gold Mine Property to Engineer Gold Mines Ltd. (\"Engineer\"), a wholly-owned subsidiary of Blind Creek, subject to receipt of all required regulatory approvals, for common shares of Engineer (the \"Engineer Distribution Shares\"). The Engineer Distribution Shares will then be distributed to the common shareholders of Blind Creek, on a one Engineer Share for every 2 Blind Creek Shares held on the Record Date, on the reduction of the stated capital of the Blind Creek common shares, all by way of a plan of arrangement (the \"Plan of Arrangement\") under the Business Corporations Act (British Columbia) (the \"Arrangement\"). Blind Creek and Engineer have entered into an arrangement agreement (the \"Arrangement Agreement\") dated January 19, 2018 in connection with the Arrangement (which has been filed under Blind Creek's profile on www.SEDAR.com.) \n\nThe Company believes that the Engineer Gold Mines Project has exploration potential that should b...