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Anfield Gold Corp.

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Summary

Project:

Coringa

Deposit:Coringa
Location:Brazil
Commodities:Gold-Silver-Copper-Lead-Zinc
Date:5/3/2017
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Feasibility Study
Report details:3-5-2017: Anfield Gold Corp. announces a Resource Estimation report for its Coringa deposit at the Coringa project. Updated Resource estimate. Anfield commissioned Robert Sim, P.Geo., of SIM Geological Inc. and Bruce M. Davis, FAusIMM, of BD R
Resources:(Resource): 1.3Mt @ 4.3g/t Au, 5.1g/t Ag (Inf.) & 0.73Mt @ 8.4g/t Au, 17g/t Ag
CP/QP:[Resources]: Bruce Davis, Robert Sim (BD Resource Consulting Inc.;SIM Geological Inc.)
ABSTRACT:Anfield commissioned Robert Sim, P.Geo., of SIM Geological Inc. and Bruce M. Davis, FAusIMM, of BD Resource Consulting Inc. to provide a mineral resource estimate for the Coringa deposit. The Coringa Project is located in north-central Brazil, in the Province of Pará (Figure 4-1), 70 km southeast of the city of Novo Progresso. The UTM coordinates for the Coringa Project are 9,166,700 North and 715,500 East (geographic projection: WGS84, Zone 21S). Access to the property is provided by paved and gravel roads. The Coringa Project consists of seven concessions totalling 13,647.78 ha. The Coringa concessions are fully owned by Anfield Gold Corp. through its 100% owned Brazilian subsidiary, Chapleau Exploração Mineral Ltda. (Chapleau). Anfield was formerly named Anfield Nickel Corp. prior to its name change on May 10, 2016 (Anfield, 2016b). In the late 1970s, local miners (garimpeiros) recovered gold from alluvial workings and small surface pits on many of the quartz veins. Artisanal mining activity ceased in 1991 after the devaluation of the Brazilian currency reduced the realized gold price and increased the price of fuel. A local Brazilian company (Tamin Mineração Ltda.) staked the area in 1990, and it was acquired by Chapleau Resources Ltd. in August 2006. On September 1, 2009, Magellan Minerals Ltd. (Magellan Minerals) acquired Chapleau Resources Ltd.

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