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Aureus Mining Inc.
Summary
| Project: | Bea Mountain | |
|---|---|---|
| Deposit: | Ndablama, Weaju | |
| Location: | Liberia | |
| Commodities: | Gold | |
| Date: | 12/1/2014 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-12-2014: Aureus Mining Inc. announces a Resource Estimation report for its Ndablama, Weaju deposit at the Bea Mountain project. Updated mineral resource estimate for Bea Mountain Licence projects. This technical report (Technical Report or Report) on th | |
| Resources: | (Resource): 7.859Mt @ 1.58g/t Au (Ind) and 12.256Mt @ 1.8g/t Au (Inf.) at Bea Mountain | |
| CP/QP: | [Resources]: Christopher G. Arnold (AMC Consultants (UK) Ltd.) | |
| ABSTRACT: | This technical report (Technical Report or Report) on the Bea Mountain Mining Licence, Northern Block, in the north-western region of the Republic of Liberia, has been prepared by AMC Consultants (UK) Limited (AMC) of Maidenhead, UK, for Aureus Mining Inc. (Aureus) of Toronto, Canada. The report has been prepared in accordance with the requirements of National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (NI 43-101), of the Canadian Securities Administrators (CSA) for lodgement on the CSA’s “System for Electronic Document Analysis and Retrieval” (SEDAR). This report is required to support updated estimation of Mineral Resources for the Ndablama gold project, as announced by Aureus in a press release issued on 1 December 2014. The Ndablama and Weaju gold projects (the Projects) are located within the Bea Mountain Mineral Development Agreement (Bea-MDA) property, in Grand Cape Mount County in the north-western portion of the Republic of Liberia, approximately 90 km north-west of the capital, Monrovia. From the capital there is approximately 90 km of paved road to the town of Tubmanburg and then 40 km of laterite road to the Projects. Road access is all year round. The property occupies a lowland area of tropical forest with thick undergrowth, cut by two prominent east–west ridges of resistant rock units (the Bea Mountain and Tokani ranges). Elevations in the area of the Projects range between 150 m and 350 m above mean sea level (AMSL). | |
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