Mineral economics

Abitibi Royalties Canadian Malartic Mine Royalties 2020 Reserve & Resource Estimates Royalty Production Schedule 2021-2023

Retrieved on: 
Monday, April 5, 2021
Economic geology, Mineral economics, Val-d'Or, Malartic, Mineral resource estimation, Earth sciences, Geology, Mining, Canadian Malartic Corporation, Abitibi gold belt

It can be noted that material below Barnat pit design is now assigned to the East Malartic deposit.

Key Points: 
  • It can be noted that material below Barnat pit design is now assigned to the East Malartic deposit.
  • A Proven Mineral Reserve is the economically minable part of a Measured Mineral Resource.
  • A Probable Mineral Reserve is the economically minable part of an Indicated Mineral Resource.
  • Abitibi Royalties owns various royalties at the Canadian Malartic Mine near Val-d'Or Quebec.

Silver Bull Announces Private Placement of C$2,517,500 in Newly Incorporated Subsidiary Arras Minerals Corp. And Transfer of Kazakh Exploration Projects

Retrieved on: 
Thursday, April 1, 2021
Economic geology, Mineral economics, Geology, Earth sciences, Mineral resource estimation, Mining, Academic disciplines

The Resource is stated within a pit shell that considers a 1.25 factor above the metal prices.

Key Points: 
  • The Resource is stated within a pit shell that considers a 1.25 factor above the metal prices.
  • Mineral Resources are estimated and reported in accordance with the CIM Definition Standards for Mineral Resources and Mineral Reserves adopted 10 May 2014.
  • Forward-looking statements include, among others, statements relating to the expected use of proceeds from the Private Placement.
  • These statements are based on current expectations, estimates, forecasts, and projections about Silver Bull's exploration projects, the industry in which Silver Bull operates and the beliefs and assumptions of Silver Bull's management.

Newcrest Announces Its Initial Mineral Resource Estimate for Red Chris

Retrieved on: 
Tuesday, March 30, 2021
Economic geology, Mineral economics, Mining, Primary sector of the economy, Newcrest Mining, Mineral resource classification, Natural Resources, Ore, National Instrument 43-101

The Competent Person for the Mineral Resource estimate is an employee of Newcrest Mining Limited and is based in Melbourne.

Key Points: 
  • The Competent Person for the Mineral Resource estimate is an employee of Newcrest Mining Limited and is based in Melbourne.
  • Derisk Geomining Consultants has conducted an independent review of the Red Chris Mineral Resource estimate and concluded that the estimate has been prepared using accepted industry practice, has been completed in accordance with the JORC Code guidelines, is suitable for preparing a public report documenting the Mineral Resource estimate, and as a basis for developing Ore Reserves.
  • Red Chris is not currently a material property for Newcrest.
  • Newcrest continues to assess the materiality of its mineral properties in the ordinary course and in connection with new developments.

Gold79 Retracts and Clarifies Technical Disclosure Regarding the Jefferson Canyon Project

Retrieved on: 
Tuesday, March 30, 2021
Economic geology, Mineral economics, Mineral exploration, Mining in Canada, National Instrument 43-101, Geology, Earth sciences, National instrument, Mining, Academic disciplines, Mineral resource estimation

The Company's website, corporate presentation and a news release dated January 26, 2021 contained disclosure of an internal mineral resource estimate and related block model estimates related to the Jefferson Canyon Project that are not supported by a National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") technical report.

Key Points: 
  • The Company's website, corporate presentation and a news release dated January 26, 2021 contained disclosure of an internal mineral resource estimate and related block model estimates related to the Jefferson Canyon Project that are not supported by a National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") technical report.
  • For this reason, the Company is retracting all disclosure related to the mineral resource estimate and related block model.
  • The Company has amended the content on its website and its corporate presentation to remove the disclosures noted above.
  • Gold79 holds 100% earn-in option to purchase agreements on three gold projects: the Jefferson Canyon Gold Project and the Tip Top Gold Project both located in Nevada, USA, and, the Gold Chain Project located in Arizona, USA.

SSR Mining Reports Mineral Reserves and Resources For Year-End 2020

Retrieved on: 
Tuesday, March 30, 2021
Economic geology, Mineral economics, Primary sector of the economy, Geology, Natural Resources, Mineral exploration, Mining in Canada, National Instrument 43-101, Mineral resource estimation, National instrument, Depletion, Mining

Notes to Mineral Reserves and Mineral Resources Table:

Key Points: 
  • Notes to Mineral Reserves and Mineral Resources Table:
    All estimates set forth in the Mineral Reserves and Mineral Resources table have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101").
  • All Mineral Reserves and Mineral Resources estimates are as of December 31, 2020.
  • Mineral Reserves and Mineral Resources estimates as set out in the pler District Master Plan 2020 have been adjusted for depletion.
  • This press release includes Mineral Reserves and Mineral Resources classification terms that comply with reporting standards in Canada and the Mineral Reserves and the Mineral Resources estimates are made in accordance with NI 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

Torex Gold Reports 2020 Year End Mineral Reserves & Resources for El Limón Guajes Complex

Retrieved on: 
Tuesday, March 30, 2021
Physical sciences, Economic geology, Mineral economics, Natural sciences, Geology, Mineral resource estimation, Mining, Gold

2)The gold price used to estimate Mineral Reserves at year-end 2020 was $1,400 per ounce compared with $1,200 per ounce at the end of 2019.

Key Points: 
  • 2)The gold price used to estimate Mineral Reserves at year-end 2020 was $1,400 per ounce compared with $1,200 per ounce at the end of 2019.
  • 3)Year-end mineral reserves and resources as well as year-over-year variance subject to rounding.
  • Mineral resources are classified in accordance with the 2014 CIM Definition Standards for Mineral Resources and Mineral Reserves and the 2019 CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines (collectively, the CIM Standards).
  • The gold price used to estimate open pit and underground Mineral resources was US$1,550 per ounce, consistent with the gold price used to estimate Mineral resources at the end of 2019.

Updated Mineral Reserves and Resources for Palito Complex as at December 2020

Retrieved on: 
Monday, March 29, 2021
Economic geology, Mineral economics, Geology, Earth sciences, Natural Resources, Mineral resource estimation, Mining, Mineral resource classification, National Instrument 43-101

Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

Key Points: 
  • Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.
  • Proven underground Mineral Reserves are reported within the Measured classification domain, and Probable underground Mineral Reserves are reported within the Indicated classification domain.
  • See the Glossary of Geological and Mining Terms for complete definitions of mineral reserves and mineral resources.
  • Mineral resources are not mineral reserves and do not have demonstrated economic viability, but do have reasonable prospect for economic extraction.

Fortuna Updates Mineral Reserves and Mineral Resources

Retrieved on: 
Friday, March 26, 2021
Economic geology, Mineral economics, Mineral resource estimation, Mining, Geology, Academic disciplines

Mineral Resources are reported at a 100 g/t Ag Eq cut-off grade based on the same parameters used for Mineral Reserves and a 15% upside in metal prices.

Key Points: 
  • Mineral Resources are reported at a 100 g/t Ag Eq cut-off grade based on the same parameters used for Mineral Reserves and a 15% upside in metal prices.
  • Lindero Mineral Resources are reported within the same conceptual pit shell above a 0.2 g/t Au cut-off grade based on the same parameters used for Mineral Reserves and a 15% upside in metal prices
    Eric Chapman, P. Geo.
  • The decrease in Inferred Mineral Resources is primarily due to a successful infill drill program of the Animas/Animas NE vein resulting in the upgrading of Inferred Mineral Resources to Mineral Reserves coupled with adjustments in the NSR value based on updated metal prices and commercial terms.
  • As of December 31, 2020, the Lindero Mine has Proven and Probable Mineral Reserves of 82.7 Mt containing 1.6 Moz of gold, in addition to Measured and Indicated Resources, exclusive of Mineral Reserves, of 35.6Mt containing 0.5 Moz of gold, and Inferred Resources of 30.4 Mt containing 0.41Moz of gold.

White Metal Reports 1.54% Cu and 36 g/t Ag over 31 Metres from the Taranis Copper-Silver Project, Namibia

Retrieved on: 
Tuesday, March 23, 2021
Mineral exploration, Economic geology, Mineral economics, Mining in Canada, National Instrument 43-101, Metal, Geology

The Company is treating the tonnages and grades reported in Table 2 as historical mineral resources.

Key Points: 
  • The Company is treating the tonnages and grades reported in Table 2 as historical mineral resources.
  • ), Vice President Exploration and a Director of White Metal, who is a Qualified Person under the definitions established by the NI 43-101.
  • About White Metal Resources Corp (TSXV: WHM):
    White Metal Resources Corp is a junior exploration company exploring in Canada and southern Africa.
  • On behalf of the Board of Directors of White Metal Resources Corp.

Monarch Continues to Expand Mineralized Zone on its McKenzie Break Property With 8.46 G/t Au Over 13.8 M (45.3 Feet)

Retrieved on: 
Monday, March 22, 2021
Economic geology, Mineral economics

The estimate of mineral resources may be materially affected by

Key Points: 
  • The estimate of mineral resources may be materially affected by
    environmental, permitting, legal, title, market or other relevant issues.
  • The quantity and grade of reported inferred
    resourcesare uncertain in nature and there has not been sufficient work to define these inferred resources as indicated or measured resources.
  • resources are reported at a cut-off grade of 2.38 g/t Au within reasonably mineable volumes.
  • Other advanced assets include the Croinor Gold, McKenzie Break and Swanson properties, all located near Monarch's wholly owned and fully permitted Beacon 750 tpd mill.