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Canadian Infrastructure Corp (CIC) was acquired in February 2010 along with its 39 quarry leases covering three areas with potential for cement stone. These areas are in south central Manitoba Canada. The three properties are known as the Dauphin property, the Winnipegosis property and the Spence Lake property. Exploration had been done on all three properties in the past.
The Dauphin property covers an area of high calcium shale known as the White Speckled Shale unit of Cretaceous age. This unit is from two to eight meters in thickness.
The Winnipegosis and Spence Lake properties cover an area of high calcium limestone, part of the Dawson Bay Formation of Devonian age.
A Preliminary Feasibility Study conducted by Cameco in 1989 recommended that a cement plant be built and that the project proceed to final feasibility. Test work showed that excellent cement of all types could be made from the material. CIC drilled the Dauphin property in 2009 to verify the original Cameco drilling and also to extend the zone. Using the results of the 2009 CIC drilling and the 1988-89 Cameco drilling, the authors prepared a NI 43-101 compliant report for CIC which concluded “that an estimated inferred mineral resource of 89 million tonnes grading > 42% CaO are present on the quarry lease.”
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