Twitter Facebook LinkedIn YouTube

NSS Resources (CSE: NSS) New Listing

Video Platform Video Management Video Solutions Video Player

The company is a mineral exploration company focussed on the acquisition and assessment of precious metal properties, primarily gold properties, in Canada. From April 2014 to June 2014, the company staked 9 mineral claims called the Seneca Property near Harrison Lake, British Columbia, located about a one hour drive from Vancouver.

Additional Information:

Company: NSS Resources
Website: http://www.nssresources.net/
Stock Symbol: CSE: NSS
Date Published: Dec 18, 2014
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

NSS Resources is one of the latest new listings on the Canadian Securities Exchange, and is trading under the symbol “NSS”.

The company is a mineral exploration company focussed on the acquisition and assessment of precious metal properties, primarily gold properties, in Canada,

From April 2014 to June 2014, the company staked 9 mineral claims called the Seneca Property near Harrison Lake, British Columbia, located about a one hour drive from Vancouver.

The property, consisting of 205 units covering an area of 4,378 hectares, has easy road access and power.

NSS Resources holds a 100% interest in the property subject to a 2% NSR.

The Seneca property has seen a significant amount of diamond drilling over its exploration history, totalling more than 33,000 metres from over 215 drillholes.

More recently, between 2004 and 2007, a previous operator conducted geological mapping, drill core relogging, rock and stream silt geochemical surveys, airborne magnetic and electromagnetic geophysical surveys, along with 2473 metres of diamond drilling in 19 holes on the Seneca zone and electromagnetic anomalies, and 2879 metres of diamond drilling in 10 holes on the Weaver Zone.

For more information, please refer to the NI 43-101 Technical Report filed on Sedar.com.

A modest Phase I program of approximately $70,000 is recommended to further evaluate the property, including the compilation of previous geophysical surveys and re-interpretation of the previous airborne geophysical surveys.

Subject to results of Phase 1, a Phase 2 program, budgeted at $130,000, would comprise geophysical surveys in selected areas and follow up drilling.

The company has 10.2 million shares outstanding, with 6.8 million shares subject to escrow.

For more information, please contact Jag Sandhu, President & CEO, at 778-218-9638 or email jagsandhu@telus.net.

I’m Samantha Deutscher for Investmentpitch Media
For more video news, and to view our disclaimer, please visit our website at www.investmentpitch.com and to receive our latest videos, please sign up for our RSS feed.
This video is for information purposes only and it not a recommendation to buy or sell any securities.