Inference | Jotup

Solaris Reports 186m of 0.64% CuEq From Near Surface, Continues to Expand ‘Indicative Starter Pit’ at Warintza Central

Retrieved on:

Monday, March 13, 2023

Data, ALS, Gold, Technical report, PG, National instrument, Inference, MRE, CU, DIC, Bureau Veritas, Molybdenum, WGS84, AAS, SME, NE, Copper

The ‘Indicative Starter Pit’ is based on the same assumptions as the MRE except utilized metal prices of US$1.00/lb Cu, US$7.50/lb Mo, and US$750/oz Au.

Key Points:

The ‘Indicative Starter Pit’ is based on the same assumptions as the MRE except utilized metal prices of US$1.00/lb Cu, US$7.50/lb Mo, and US$750/oz Au.
The ‘Indicative Starter Pit’ is comprised of Indicated mineral resources of 180 Mt at 0.82% CuEq (0.67% Cu, 0.03% Mo, 0.07 g/t Au) and Inferred mineral resources of 107 Mt at 0.73% CuEq (0.64% Cu, 0.02% Mo, 0.05 g/t Au) above a 0.6% CuEq cut-off grade.
No economic analysis has been completed by the Company and there is no guarantee an ‘Indicative Starter Pit’ will be realized or prove to be economic.
Drill core is cut in half on site and samples are securely transported to ALS Labs in Quito.

Aftermath Silver Investors Revel in 2 Resource-Stage Properties Rich with Silver and Other Critical ‘Green’ Industry Metals

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Thursday, March 9, 2023

Aftermath’s portfolio of exploration properties has demonstrated that it’s rich with an abundance of silver.

Key Points:

Aftermath’s portfolio of exploration properties has demonstrated that it’s rich with an abundance of silver.
These metals are critical “green” or future facing metals that are essential for the technologies to build electric vehicles (EVs), windmills, solar panels and other renewables.
Instead, both properties have “known ounces and tonnes in the ground,” and at Berenguela, it has been established that it hosts significant silver, copper and manganese.
These silver projects, both of which have the potential for large open-pit mining, provide a platform for Aftermath to become a major silver exploration and development company.

Torex Gold Reports Results From Drilling at Media Luna

Retrieved on:

Wednesday, March 8, 2023

TORONTO, March 08, 2023 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) is pleased to report results from its 2022 drilling program at Media Luna. The program was focused on upgrading Indicated Resources to the Measured category and targeting spatial gaps in prior drilling to expand Inferred Mineral Resources.

Key Points:

Assay results from the 2022 infill drilling program targeting Measured Resources can be found in Table 2 and results from the 2022 infill drilling program targeting Inferred Resources can be found in Table 3.
Drilling at Media Luna in 2022 was focused on both upgrading and expanding Mineral Resources.
In addition to drilling conducted in 2022, multiple holes completed as part of the 2021 infill program will be incorporated into the year-end 2022 Mineral Resource estimate at Media Luna.
In total, the Company invested over $19 million in drilling within the Media Luna Cluster in 2022.

Electra Updates Mineral Resource Estimate at its Iron Creek Cobalt-Copper Project in Idaho

Retrieved on:

Friday, March 10, 2023

The 2023 MRE follows the 2014 CIM Definition Standards on Mineral Resources and Mineral Reserves.

Key Points:

The 2023 MRE follows the 2014 CIM Definition Standards on Mineral Resources and Mineral Reserves.
These mineral resources are not mineral reserves, because they do not have demonstrated economic viability.
Electra retained InnovExplo Inc. (“InnovExplo”) to prepare an updated mineral resource estimate for the Iron Creek project and a supporting technical report.
It represents an update of the previous mineral resource estimate contained in the technical report titled “Technical Report with Updated Estimate of Mineral Resources for the Iron Creek project dated November 27, 2019 with an effective date of November 27, 2019, published by Steven J. Ristorcelli, C.P.G., P.G.

Wallbridge Continues to Expand Fenelon Gold System in Multiple Directions

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Monday, March 6, 2023

Technical, National instrument, Inference, SEDAR, Technical report, Gold, MRE, Nightclub, Rare-earth element, François Fénelon

This economic study will guide the next steps Wallbridge will take toward developing its most advanced gold project.

Key Points:

This economic study will guide the next steps Wallbridge will take toward developing its most advanced gold project.
The 15,000 metres of drilling planned for Fenelon, which remains open laterally and at depth in multiple directions, will, in part, follow up on recent exploration results (see Wallbridge press releases dated November 8 and December 8, 2022 and February 28, 2023) that continue to expand the known gold zones.
In February, Wallbridge mobilized three drills at Fenelon to complete more aggressive step outs on the known system, and to test grassroots targets on a more regional scale.
The third drill is testing the Ripley system, as described in Wallbridge press release dated February 28, 2023.

Apollo Declares 110 Million Ounces Silver in Measured and Indicated Resource for Waterloo Property

Retrieved on:

Monday, March 6, 2023

VANCOUVER, British Columbia, March 06, 2023 (GLOBE NEWSWIRE) -- Apollo Silver Corp. (“Apollo” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce an updated National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) mineral resource estimate (“MRE”) with an effective date of February 8, 2023, for its flagship Calico Silver Project (“Calico” or the “Calico Project”) located in San Bernardino County, California (the “2023 MRE”). The findings of the 2023 MRE, particularly in terms of size and confidence level, positions Calico and its Waterloo Property (“Waterloo”) resource as one of the largest advanced stage silver projects in North America.

Key Points:

The findings of the 2023 MRE, particularly in terms of size and confidence level, positions Calico and its Waterloo Property (“Waterloo”) resource as one of the largest advanced stage silver projects in North America.
Highlights of the Calico Project 2023 MRE1:
110 million ounces (“Moz”) silver (“Ag”) classified as Measured and Indicated (“M&I”) declared at Waterloo with an average grade of 100 grams per tonne (“g/t”) silver:
81% (90 Moz) classified as Measured at 103 g/t silver.
51 Moz silver classified as Inferred:
70,000 oz Inferred oxide gold (“Au”) ounces added to metal inventory at Waterloo.
“This updated mineral resource estimate significantly de-risks the Calico Project and confirms Waterloo as one of the premier silver development opportunities in any Tier-1 jurisdiction.

Two Globex Royalties Gaining Value and Potential

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Friday, March 3, 2023

Toronto Stock Exchange, Inference, GMX, NI, Gold, Larder, Geo, Mining, Uranium mining, Radisson Hotels, Chicago Mercantile Exchange

Globex holds a 2% Net Smelter Royalty on the Kewagama Gold Mine and a 1% Net Smelter Royalty on the New Alger Gold Mine.

Key Points:

Globex holds a 2% Net Smelter Royalty on the Kewagama Gold Mine and a 1% Net Smelter Royalty on the New Alger Gold Mine.
Refer to longitudinal sections on Radisson press releases to visualize these trends and their potential.
Globex is pleased with the progress by Radisson on Globex’s Kewagama and New Alger Gold Mine Royalty assets and looks forward to their additional efforts to expand their resource base thereby increasing the asset value and potential of Globex two royalties.
This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Radisson doubles resource estimate at the O’Brien gold project in Quebec

Retrieved on:

Thursday, March 2, 2023

Resource, Mineral resource estimation, Wireframe, Inference, SLR, SLR Consulting, Technical, Technical report, MRE, Mining, Uranium mining, Printed circuit board

This is the first resource estimate at the project since the Company established O’Brien as one of the highest-grade undeveloped gold projects in Quebec and outlined the opportunity for resource expansion by targeting the steeply plunging high-grade mineralized shoots located east of the old O’Brien mine.

Key Points:

This is the first resource estimate at the project since the Company established O’Brien as one of the highest-grade undeveloped gold projects in Quebec and outlined the opportunity for resource expansion by targeting the steeply plunging high-grade mineralized shoots located east of the old O’Brien mine.
Total Indicated ounces at a 4.5 g/t Au cut-off grade have increased by 58% compared to the previous resource estimate.
This increase is very positive since the majority of the Indicated ounces added have been defined within the same vertical footprint as the previous resource estimate.
Furthermore, total Inferred ounces at a 4.5 g/t Au cut-off grade have increased by 167% compared to the previous resource estimate.

One of the Largest Known Lithium Deposits in US Identified at American Battery Technology Company Tonopah Flats Property - Inferred Resource Estimated through S-K 1300 Compliant Study

Retrieved on:

Tuesday, February 28, 2023

RENO, Nev., Feb. 28, 2023 /PRNewswire/ -- American Battery Technology Company (ABTC) (OTCQX: ABML), an American critical battery materials company that is commercializing both its primary minerals manufacturing and secondary minerals lithium-ion battery recycling technologies, announced results of its third-party Qualified Person (QP) audited Inferred Resource Report that details the analysis of its lithium deposit at its Tonopah Flats Lithium Project in Big Smoky Valley, Nev., which has resulted in the identification of one of the largest known lithium deposits in the United States.

Key Points:

"Having identified one of the largest premier lithium deposits in the U.S. is extremely exciting," stated ABTC CEO Ryan Melsert.
The mineral resources for Tonopah Flats described and tabulated in this report are entirely classified as Inferred and were estimated to reflect potential open-pit extraction.
"We are extremely pleased with the results of our Resource Report for our Tonopah Flats Lithium Project," commented Scott Jolcover, ABTC Chief Mineral Resource Officer.
Inferred mineral resource is that part of a mineral resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling.

Stratabound Announces Positive PEA for Fremont Gold Project; 11 Year Mine Life with Average Annual Production of 118,000 Gold Ounces at an AISC of US$1,082/oz and an After-Tax NPV5% of US$210M

Retrieved on:

Wednesday, February 15, 2023

Kappes, Cassiday & Associates ("KCA") was also engaged for the design and capital and operating costs for the process plant, heap leach facility and project infrastructure.

Key Points:

Kappes, Cassiday & Associates ("KCA") was also engaged for the design and capital and operating costs for the process plant, heap leach facility and project infrastructure.
Only 35% of mineralized strike and two of four mineralized zones have been defined and evaluated to date.
Oxide Heap Leach is a conventional cost-efficient processing method already proven and functioning at Equinox Gold's successfully operating gold mines in California."
The Fremont Gold Project MRE, including the Pine Tree-Josephine and Queen Specimen Deposits, comprise 1,163,000 ounces of gold in the Indicated classification and 2,024,000 ounces of gold in the Inferred classification.