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Athabasca Minerals Inc.
Summary
| Project: | Firebag | |
|---|---|---|
| Deposit: | Firebag | |
| Location: | Canada | |
| Commodities: | Silica | |
| Date: | 12/2/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-12-2019: Athabasca Minerals Inc. announces a Resource Estimation report for its Firebag deposit at the Firebag project. Technical report and mineral resource estimate on property. On November 5, 2019, Athabasca Minerals Inc. (AMI) contracted Stantec Con | |
| Resources: | ||
| CP/QP: | [Resources]: William A. Turner, Andrew Christopher Hunter (Stantec Consulting Ltd.) | |
| ABSTRACT: | On November 5, 2019, Athabasca Minerals Inc. (AMI) contracted Stantec Consulting Ltd. (Stantec) to prepare a Technical Report in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101). The purpose of this Technical Report is to constrain the physical characteristics, thickness, depth and continuity of the unconsolidated Quaternary sand on the Firebag Property (Property) to assess its suitability as a natural proppant. As part of this evaluation, the quality and volumes of the natural proppant and the reasonable prospects for eventual economic extraction were assessed. The Property is located 95 km north of Fort McMurray and 130 km southwest of Fort Chipewyan in the Regional Municipality of Wood Buffalo, northeastern Alberta in map sheets 074E06, 074E11, and 074E12. The Property area spans from 57°34’11”N to 57°35’07”N, and 111°17’33”W to 111°16’48”W, with the Property centre being located at approximately 57°34’41”N, 111°16’49”W. Access to the Property is via the Chipewyan winter road or by helicopter from Fort McMurray. Figure 1-1 shows the general location of the Property. The Property consists of Quaternary sediments, sand and silts. | |
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