Mineral economics

Tudor Gold Completes Initial Mineral Resource Estimate at Treaty Creek 19.4 Million Ounces of 0.74 gpt AuEq Of Measured and Indicated Mineral Resources and 7.9 Million Ounces of 0.79 gpt AuEq Of Inferred Mineral Resources

Retrieved on: 
Tuesday, March 9, 2021

The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.

Key Points: 
  • The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.
  • The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve.
  • It is reasonably expected that the majority of the Inferred Mineral Resource could be upgraded to an Indicated Mineral Resource with continued exploration.
  • The constraining pit optimization parameters were C$2.50/t mineralized and waste material mining cost and 50-degree pit slopes with a 0.30 gpt AuEq cut-off.

Candelaria Provides Corporate Update and Grant of Options

Retrieved on: 
Thursday, March 4, 2021

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

Key Points: 
  • Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability.
  • The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.
  • are qualified person as defined in NI 43-101, are authors of the technical report and responsible for the resource estimate.
  • Mike Struthers, CEO, commented: Both Neil and myself are very pleased to have joined Candelaria at this time, to help the Candelaria team take the Company to the next level.

White Metal Reports on Exploration Progress and Provides Corporate Update

Retrieved on: 
Thursday, March 4, 2021

), Vice President Exploration and a Director of White Metal, who is a Qualified Person under the definitions established by the National Instrument 43-101.

Key Points: 
  • ), Vice President Exploration and a Director of White Metal, who is a Qualified Person under the definitions established by the National Instrument 43-101.
  • White Metal is pleased to announce its participation in the 2021 Virtual PDAC Conference ( https://pdacvirtual.ca/ ) to be held March 7-11, 2021 ( www.pdac.ca ).
  • About White Metal Resources Corp (TSXV: WHM):
    White Metal Resources Corp is a junior exploration company exploring in Canada.
  • For more information in regards to White Metal Resources Corp. you can visit the company's Web Page at www.whitemetalres.com .

Erratum: Ascendant Resources Increases M&I Resources By 79% and Inferred Resources By 26% on the Copper Stockwork South Zone at Lagoa Salgada

Retrieved on: 
Wednesday, March 3, 2021

The reader is cautioned that, except for that portion of mineral resources classified as mineral reserves, mineral resources do not have demonstrated economic value.

Key Points: 
  • The reader is cautioned that, except for that portion of mineral resources classified as mineral reserves, mineral resources do not have demonstrated economic value.
  • Inferred mineral resources have a high degree of uncertainty as to their existence and as to whether they can be economically or legally mined.
  • It cannot be assumed that all or any part of any inferred mineral resource will ever be upgraded to a higher category.
  • This news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking information") within the meaning of applicable Canadian securities legislation.

Ascendant Resources Increases M&I Resources by 44% and Inferred Resources by 21% on the Copper Stockwork South Zone at Lagoa Salgada

Retrieved on: 
Wednesday, March 3, 2021

The reader is cautioned that, except for that portion of mineral resources classified as mineral reserves, mineral resources do not have demonstrated economic value.

Key Points: 
  • The reader is cautioned that, except for that portion of mineral resources classified as mineral reserves, mineral resources do not have demonstrated economic value.
  • Inferred mineral resources have a high degree of uncertainty as to their existence and as to whether they can be economically or legally mined.
  • It cannot be assumed that all or any part of any inferred mineral resource will ever be upgraded to a higher category.
  • This news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking information") within the meaning of applicable Canadian securities legislation.

Scorpio Gold Updates Reporting at Mineral Ridge Project

Retrieved on: 
Monday, March 1, 2021

Drilling performed by Scorpio Gold primarily in the period 20142017 supports the Mineral Resource and Mineral Reserve estimates.

Key Points: 
  • Drilling performed by Scorpio Gold primarily in the period 20142017 supports the Mineral Resource and Mineral Reserve estimates.
  • Gold and silver assays can be used to estimate Mineral Resources and Mineral Reserves for the heap leach pad.
  • Brian Lock, Chief Executive Officer of Scorpio Gold commented: While there are no significant differences in the reconfirmed results in the Titan technical report, it is additional verification of the resources and reserves contained in the Mineral Ridge Project.
  • Scorpio Gold is party to an earn-in option agreement with Titan Mining Corporation whereby Titan can earn an 80% joint venture interest on the Companys 100% owned Mineral Ridge gold project located in Esmeralda County, Nevada.

Titan Mining Updates Reporting at Mineral Ridge

Retrieved on: 
Friday, February 26, 2021

Mineral Reserves are reported within the pit designs at a 0.01 opt gold cut-off grade.

Key Points: 
  • Mineral Reserves are reported within the pit designs at a 0.01 opt gold cut-off grade.
  • Drilling performed by Scorpio Gold primarily in the period 20142017 supports the Mineral Resource and Mineral Reserve estimates.
  • Gold and silver assays can be used to estimate Mineral Resources and Mineral Reserves for the heap leach pad.
  • In addition, Titan has an option to earn a 100% interest in the Mineral Ridge gold property in Esmeralda County, Nevada.

Exploration Target Clarification

Retrieved on: 
Thursday, February 25, 2021

It should be noted that the potential quantity and grade of these Exploration Targets is conceptual in nature, that there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource as per the NI 43-101 reporting standards.

Key Points: 
  • It should be noted that the potential quantity and grade of these Exploration Targets is conceptual in nature, that there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource as per the NI 43-101 reporting standards.
  • The Buckreef Project also contains an Inferred Mineral Resource of 17.8MT at 1.11g/t gold for contained gold of 635,540 ounces of gold.
  • The Company is actively investigating and assessing multiple exploration targets on its property.
  • Please refer to the Companys Updated Mineral Resources Estimate for Buckreef Gold Project, dated May 15, 2020, for more information.

Mandalay Resources Corporation Provides Year-End 2020 Reserves and Resources for Costerfield and Björkdal Operations

Retrieved on: 
Tuesday, February 23, 2021

Bjrkdal Mineral Reserves are estimated using drill hole and sample data as of September 30, 2020 and depleted for production through December 31st, 2020.

Key Points: 
  • Bjrkdal Mineral Reserves are estimated using drill hole and sample data as of September 30, 2020 and depleted for production through December 31st, 2020.
  • A marginal cut-off grade of 0.32 g/t Au was applied to estimate open pit Mineral Reserves.
  • For Costerfield: The Mineral Resource Estimate was carried out under the supervision of Andrew Fowler, MAusIMM CP(Geo), an employee of Mining Plus and independent of Mandalay Resources Corporation.
  • For Bjrkdal: The Mineral Resource Estimates for Bjrkdal and Norrberget were carried out under the supervision of Reno Pressacco, P.Geo., Principal Geologist, and an employee of SLR and independent of Mandalay Resources Corporation.

McEwen Mining: Gold Bar Updated Feasibility Study Report Filed

Retrieved on: 
Tuesday, February 23, 2021

2020 FS assumes 78% for crushed oxide, 50% for crushed mid-carb., 72% for Pick/Ridge ROM, and 61% for GBS ROM.

Key Points: 
  • 2020 FS assumes 78% for crushed oxide, 50% for crushed mid-carb., 72% for Pick/Ridge ROM, and 61% for GBS ROM.
  • NPV at $1,900/oz gold is provided for comparison to the Jan. 7th, 2021 disclosure only.
  • There is no certainty that any part of the Mineral Resources estimated will be converted into a Mineral Reserves estimate.
  • These standards are different from the standards permitted in reports filed with the SEC under Industry Guide 7 (Guide 7).