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Argonaut Gold Inc.
Summary
| Project: | Florida Canyon Mine | |
|---|---|---|
| Deposit: | Florida Canyon Mine | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 7/8/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-7-2020: Argonaut Gold Inc. announces a Resource Estimation report for its Florida Canyon Mine deposit at the Florida Canyon Mine project. Mineral Resource and Reserve Statement for Project. Independent Mining Consultants, Inc. (IMC) was requested by Arg | |
| Resources: | (Reserves, Prob.): 87.1Mt @ 1Moz Au contained | |
| CP/QP: | [Resource] John M. Marek (Independent Mining Consultants Inc.) | |
| ABSTRACT: | Independent Mining Consultants, Inc. (IMC) was requested by Argonaut Gold Inc.. (Argonaut) to review and verify the mineral resources and mineral reserves for the Florida Canyon Mine, located near Lovelock, Nevada. USA. This document is a Technical Report as defined under Canadian NI 43-101 that summarizes the verification work completed by IMC, the mineral resources, and mineral reserves at Florida Canyon. The Florida Canyon Mine (Florida Canyon Mine, Inc. FCMI) is located 125 miles east of Reno Nevada, and immediately south of Interstate 80. The mine currently produces gold by conventional hard rock open pit mining with processing by 2 stage crushing and heap leaching. The mine was in continuous operation from 1986 through 2011 and then intermittently until 2015. It was reopened in in mid-2016 and has been in operation since that time. There has been a sequence of owners with the penultimate being Alio Gold, Inc. (Alio). Argonaut acquired the property through merger with Alio that closed on July 1, 2020. Figure 1-1 illustrates the general arrangement at site. | |
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