on Green Bridge Metals Corporation (isin : CA3929211025)
Green Bridge Metals Clarifies Technical Disclosure on Mining Projects
Vancouver, BC - Green Bridge Metals Corporation (CNSX:GRBM)(OTCQB:GBMCF)(FWB:J48) has issued clarifications on certain technical disclosures following a review by the Mining Group in the Corporate Finance Division of the British Columbia Securities Commission (BCSC).
The Company has not completed sufficient work to develop a resource estimate compliant with National Instrument 43-101 (NI 43-101) at its SCZ project. Additionally, Green Bridge has clarified that its Chrome Puddy project is in the exploration stage, and previously disclosed mineral resource estimates are not supported by an NI 43-101 compliant technical report.
The Company restates historical estimates for its Chrome Puddy project originally presented in 1966, noting that these estimates are considered historical and are not compliant with current NI 43-101 standards. The disclosures related to exploration targets and sample results have also been restated to align with parts 2.3, 3.2, and 3.3 of NI 43-101.
The Company will file a new technical report for the Chrome Puddy project by August 8, 2024. All previous investor presentations and technical disclosures have been removed from their website, advising investors not to rely on retracted information.
R. E.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Green Bridge Metals Corporation news