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MinKap Announces Name Change to "Ophir Gold Corp." and Filing of Technical Report for Breccia Gold Property, Idaho
Toronto, Ontario--(Newsfile Corp. - October 20, 2020) - MinKap Resources Inc. (TSXV: KAP) (" M...
About this update from Ophir Metals Corp
[{"type":"text","content":"MinKap Announces Name Change to \"Ophir Gold Corp.\" and Filing of Technical Report for Breccia Gold Property, IdahoToronto, Ontario--(Newsfile Corp. - October 20, 2020) - MinKap Resources Inc. (TSXV: KAP) (\"MinKap\" or the \"Company\") is pleased to announce that it will file articles of amendment in accordance with the Business Corporations Act (British Columbia) to change its name. Effective at the open of business on October 21, 2020, the Company will change its name from \"MinKap Resources Inc.\" to \"Ophir Gold Corp.\" and commence trading on the TSX Venture Exchange under the ticker symbol \"OPHR\".In connection with the name change of the Company, the new CUSIP number will be: CA68374D1069 (ISIN: 68374D106). The share capital of the Company remains unchanged. The Company also announces the filing of a National Instrument 43-101 (\"NI 43-101\") technical report (the \"Technical Report\") in respect of the Breccia Gold Property, located in Lemhi County, Idaho, USA. The Technical Report, entitled \"Technical Report on the Breccia Gold Property Southwest of Salmon, Idaho, USA\" has an effective date of July 6, 2020 and was prepared by Brian T. Brewer, C.P.G, QP, M. Sc. of Brewer Exploration Inc., an independent Qualified Person in accordance with NI 43-101. The Technical Report is available under the Company's issuer profile on SEDAR at www.sedar.com and on the Company's website: www.ophirgoldcorp.ca. About the Breccia Gold PropertyThe Breccia Gold Property consists of 80 claims covering approximately 1,650 acres within the Blackbird Mining District, in Lemhi County, approximately 40 kilometres southwest of Salmon, Idaho. The Breccia Gold Property is accessible by paved highway and a network of well-maintained gravel roads and is host to the historic Gahsmith Gold Mine. The Breccia Gold Property has seen exploration and development activity dating back to the 1930's and has been exploited by at least eight adits, with several thousand tons of mineralized material extracted. The Breccia Gold Property now covers both the Meadows Fault Zone and the lesser explored, parallel Musgrove Mine Trend. Recent exploration carried out in 2018 and 2019 has included the re-mapping and sampling of the Meadows Fault Zone and the results are suggestive of the existence of a significant low-sulfidation, epithermal gold system. A drill program...