Buchans Wileys is a minerals exploration company based in Newfoundland, Canada
Buchans Wileys Exploration Inc is a private exploration company with mineral properties in Newfoundland, of which merchant bank GreenBank Capital Inc (CSE:GBC and OTCMKTS: GRNBF and FRA:2TL) owns 27%. The Buchans Wiley flagship property consists of 48 claims located approximately 4 km southwest of the past producing Buchan’s Mine that produced 16,196,876 tonnes of ore at an average mill head grade of 14.51% zinc, 7.65% lead, 1.33% copper, 126 grams/tonne silver and 1.37 grams per tonne gold. (Wardle,R.J (2000) Mineral Commodities of Newfoundland and Labrador- Zinc and Lead; Government of Newfoundland and Labrador, Geological Survey, Mineral Commodities Series Number 1, 12 pages). A further 30 claims, known as Buchans Wileys South, (“BW South”) are located 15 km southeast of the Buchans Wileys flagship property. BW South is located approximately 18 km southeast of the past producing Buchan’s Mine. In August 2017 an airborne survey of the Buchans Wileys property was completed. That information is currently being evaluated and will be included in a NI 43-101 report to be completed shortly.
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