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Antioquia Gold Inc.
Summary
| Project: | Cisneros | |
|---|---|---|
| Deposit: | Cisneros | |
| Location: | Colombia | |
| Commodities: | Gold | |
| Date: | 8/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine Development | |
| Report details: | 15-8-2017: Antioquia Gold Inc. announces a Resource Estimation report for its Cisneros deposit at the Cisneros project. Updated Mineral Reserve for the Cisneros gold project. Linares Americas Consulting S.A.C. (LINAMEC) was retained by Antioquia Gold Ltd. | |
| Resources: | (Resource, M+I): 509,508t @ 5.95g/t Au for 97,468oz Au contained at project | |
| CP/QP: | [Resources]: Edgard Vilela Acosta, Fernando Linares Quiroa (Linares Americas Consulting S.A.C) | |
| ABSTRACT: | Linares Americas Consulting S.A.C. (LINAMEC) was retained by Antioquia Gold Ltd. (AGD) to prepare an update of the Mineral Resource Estimate for the Cisneros gold project (the Project) located in the Department of Antioquia, Colombia. The purpose of this report is to provide an update of the Mineral Resources at the Project following additional drilling and underground sampling carried out on the Project since the previous resource estimate in 2013. This Technical Report conforms to NI 43- 101 Standards of Disclosure for Mineral Projects. This new resource estimate incorporates the results of eleven drillholes drilled in 2016 in the area known as “Guayabito Sur”, totalling 1,689.92 m and 992 channel samples taken in the underground labors in the Guaico Mine. The mineralized structures, updated whit new data are: Nus, Guaico, Footwall-03, Footwall-05 and La Manuela-01. The other areas, Guayabito North and Papi, remains unaltered. The property is located 55 km to northeast of Medellin and 2 km east of the town of Cisneros in the Department of Antioquia, Colombia. The Cisneros Property consists of 5,794.08 ha on twelve concessions in the municipalities of Santo Domingo, Cisneros y Yolumbo, centered at 75º08’25” W longitude and 06º32’35” N latitude. Antioquia Gold Ltd. holds a 100% interest in these mineral concessions. The property was previously held by Am-Ves Resources Ltd. (Am-Ves) of Alberta. High American Gold Ltd. (now Antioquia Gold Ltd.) took over Am-Ves in a reverse takeover in 2008 and in March, 2009 the two companies amalgamated to become Antioquia Gold Ltd. (Antioquia) | |
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