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Abcourt Mines Inc.
Summary
| Project: | Sleeping Giant | |
|---|---|---|
| Deposit: | Sleeping Giant | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/10/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 10-9-2018: Abcourt Mines Inc. announces a Resource Estimation report for its Sleeping Giant deposit at the Sleeping Giant project. Updated mineral resource estimate at the project. M. Renaud Hinse, president and Chief Executive Officer of Abcourt Mines In | |
| Resources: | (Resource, M+I): 486Kt @ 11.20g/t Au | |
| CP/QP: | [Resources]: Jean-Pierre Berube (Independent) | |
| ABSTRACT: | M. Renaud Hinse, president and Chief Executive Officer of Abcourt Mines Inc. (the « Company » or « Abcourt ») (TSX Venture Exchange : ABI, Berlin : AML-BE and Frankfort : AML-FF) announces that a NI 43-101 resource calculation has recently been prepared by Jean-Pierre Bérubé, geological engineer. He is a qualified and independent person under National Instrument 43-101 and has relevant experience in this area. A summary of Measured, Indicated and Inferred Resources is presented in the following table Considering the potential sources of errors that a laboratory may encounter in the context of large-scale sampling, Aurbec introduced a Quality Assurance and Quality Control (QA/QC) program in 2013-2014. This program consisted of 1) the use of a control laboratory (Agat) to verify the accuracy of pulps and rejects results, 2) the insertion of blanks to control the sources of contamination, 3) the insertion of pulps in renumbered core sample rejects whose gold content was known to evaluate the reproducibility of the results and finally 4) insertion of Rocklabs certified referenced material. Core samples taken from diamond drill holes were split in two equal parts with a core splitter by Aurbec’s employees. One half of the carrot was prepared to determine its gold content while the other half was kept in the core box. The whole core from definition drilling samples was analyzed at the mine's laboratory. The reception and preparation of samples at the mine’s laboratory was done according to the accepted standards of the industry. The steps of drying, grinding (80% passing 10 mesh), splitting and pulverization were followed to produce 200 grams of pulp of which 80% passes a 200-mesh screen. A pulp fraction weighing just under 15 grams (half assay-ton) was used to determine the gold content of each sample. Although this quantity of pulp is one-half that used in the industry (one assay-ton) for gold determination made during exploration programs, it is considered sufficient when used for mining sites given the large number of samples taken by producing mines. The analytical method consisted of pyro-analysis with an atomic absorption finish. The method has a detection limit of less than 0.01 g/t Au. After having examined Aurbec’s internal protocol for controlling analytical results and compared 588 pulps and rejects made by an accredited external laboratory (Agat), the author is of the opinion that the manipulation, sampling and analysis of core samples, as performed at the mine’s laboratory, are consistent with current industry standards. | |
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