VANCOUVER, British Columbia, Jan. 03, 2018 (GLOBE NEWSWIRE) -- Cameo Resources Corp. (TSX.V:CRU) (OTC:SIDNF) (the “Company”) is pleased to announce that the Company has filed an NI 43-101 Technical Report (the “Technical Report”) for the Company’s Whabouchi Regional Lithium Project in northern Quebec (the “Project”), comprised of the Dumont Property and the Montagne Property (formerly referred to as the “Spodumene Lake Property”). The Company acquired the option from Clean Commodities Corp. to earn an 80% interest in the Project over a four-year period, subject to certain terms and conditions (see news release dated November 30, 2017).
The Technical Report was prepared in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects. Darren Smith, P.Geol., a Qualified Person by the standards of National Instrument 43-101, authored the Technical Report. He is independent of both the Company and Clean Commodities Corp. A copy of the Technical Report is available under the Company’s profile at www.SEDAR.com, as well as on the Company’s website.
The Technical Report supports the disclosure respecting the Project made by the Company in its news releases dated November 30, 2017 and December 18, 2017, and there are no material differences between that disclosure and the Technical Report.
Qualified Person
The technical information in the Technical Report and this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and was reviewed and approved by Darren Smith, a Qualified Person and independent of Cameo Resources Corp.
About Cameo Resources Corp.
Cameo Resources Corp. is focused on enhancing shareholder value through astute acquisitioning of exceptional projects in perceived undervalued situations. The Company is continuing to seek out viable opportunities.
