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Argonaut Gold Inc.
Summary
| Project: | El Castillo | |
|---|---|---|
| Deposit: | El Castillo | |
| Location: | Mexico | |
| Commodities: | Gold | |
| Date: | 9/21/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 21-9-2017: Argonaut Gold Inc. announces a Resource Estimation report for its El Castillo deposit at the El Castillo project. Updated mineral resource and reserve estimate at El Castillo Complex. This report was prepared as a Canadian National Instrument | |
| Resources: | (Reserve, P+P): 40.81Mt @ 0.4g/t Au for 522koz Au contained at project | |
| CP/QP: | [Resources]: Michael Lechner (Resource Modeling Inc.) | |
| ABSTRACT: | This report was prepared as a Canadian National Instrument 43-101 (NI 43-101) Technical Report on Resources and Reserves (Technical Report) for Argonaut Gold Inc. (Argonaut or the Company) by SRK Consulting (U.S.), Inc. (SRK) and Resource Modeling Inc. (collectively referred to as the Consultants) on the El Castillo Complex located in Durango, Mexico. Collectively the El Castillo project and the San Agustin project are referred to as the El Castillo Complex. Both projects are owned by Minera Real del Oro, S.A. de C.V. (MRO), a wholly owned subsidiary of Argonaut. The El Castillo project, which consists of an open pit gold mine, two crushing facilities, two cyanide heap leach pads, two gold recovery plants, and associated support infrastructure, is located on seven mining concessions totalling approximately 2,045 hectares (ha), and on land where surface rights are owned by Argonaut. | |
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