BLOX, INC. (OTCMKTS:BLXX) Files An 8-K Other Events
Item 8.01
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Other Events. |
Blox, Inc. (the Company) announced the results of a field
reconnaissance program over its central and southern Mansounia
Project areas which has resulted in confirmation of the existence
of local anomalism for gold and minor occurrences of free gold
(in-excess of 20ppb – geological background values).
For full results see the attached Exhibit 99.1 News Release. The
results are preliminary in nature and not conclusive evidence of
the likelihood of the occurrence of a mineral deposit.
The recent geological reconnaissance program commenced and was
completed during the first quarter of 2017 by independent
consulting group Scott Taylor Limited on behalf of the Company.
Based on the highly encouraging results obtained from historical
soils geochemical programs and in-line with recent desk top and
field studies undertaken by Spiers Geological Consultants (SGC
2016), a number of key target areas were identified for follow-up
field activities which included, regolith mapping and geological
traverses, Figure 1.
This first phase of exploration has exhibited local anomalism
with free gold found in areas 6 and 8 and as such is planned to
be followed up in the second quarter of 2017 with further in-fill
gridded soil sampling, trenching, and eventually RC/DD drilling
based on exploration successes from the first phase of follow-up
infill soils and trenching.
The Companys understanding of the deposit and surrounding areas
continues to grow with each field season, and to date robust
geological and structural context for the area/s have been
developed using modelling software.The model is based on, and
continually refined using, the pre-existing regional geochemical
soil and rock chip sampling and drill-hole data from the
Mansounia concessions area.
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Item 9.01 |
Financial Statements and Exhibits |
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99.1 |
News Release dated May 10, 2017 |
About BLOX, INC. (OTCMKTS:BLXX)
Blox, Inc., formerly Nava Resources, Inc. is a green mining company. The Company is a mineral exploration company that is engaged in acquiring mineral assets and applying green methods to traditional mining methods, and combining renewable energy and technology into the process. The Company’s Pramkese concession is located approximately 10 kilometers South-East of the District Capital of Kade in the Eastern Region of Ghana. The Osenase concession is located approximately 90 kilometers North-Northwest of Accra in the Birim Central Municipal Assembly, Eastern Region, Ghana. The Asamankese concession is located approximately 90 kilometers North-Northwest of Accra in the Birim South and West Akim District Assemblies, East of Akim Oda, Eastern Region. The Company’s Mansounia Property is located in the southwest margin of the Siguiri Basin, in the Kouroussa Prefecture, Kankan Region, in Guinea, West Africa. The property covers a surface area of approximately 145 square kilometers. BLOX, INC. (OTCMKTS:BLXX) Recent Trading Information
BLOX, INC. (OTCMKTS:BLXX) closed its last trading session 00.000 at 0.200 with 4,000 shares trading hands.