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Aurvista Gold Corp.
Summary
| Project: | Douay | |
|---|---|---|
| Deposit: | Douay | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-2-2017: Aurvista Gold Corp. announces a Resource Estimation report for its Douay deposit at the Douay project. Updated mineral resource estimate for Douay. Aurvista Gold Corporation. (Aurvista) has retained Micon International Limited (Micon) to conduc | |
| Resources: | (Resource, Inf.): 83.327Mt @ 1.05g/t Au for 2.813Moz Au contained In-Pit (0.5g/t Au cut-off) | |
| CP/QP: | [Resources]: William Lewis (Micon International Ltd.) | |
| ABSTRACT: | Aurvista Gold Corporation. (Aurvista) has retained Micon International Limited (Micon) to conduct an update of its mineral resource estimate for the Douay Gold Project (Douay Project or the Project), located in the province of Quebec, Canada. Micon has prepared an independent mineral resource estimate based upon the data provided to it by Aurvista. The data provided constitute the cumulative exploration data obtained by prior operators of the Project prior to 2010 and by Aurvista since 2010. The entire Douay Project database provided to Micon is comprised of 705 drill holes, with a total of 200,554 m of drill core and containing 98,217 samples. Micon has conducted an independent mineral resource estimate for the Douay Project based upon Aurvista’s exploration database, initial interpretation and economic parameters. Micon has adjusted the interpretation to account for the new drilling and re-logging and sampling programs conducted by Aurvista since the last mineral resource estimate was conducted in 2012. Since acquiring the Douay Project in 2010, Aurvista has conducted a number of exploration programs to expand on the known mineralization zones on the property. Aurvista has also started to re-log and assay core from the historical programs. The re-logging and sampling 15 program has allowed Aurvista to standardize the drill logging information and reduce the number of rock types within the database, and has assisted in understanding the mineralization and deposit types located on the Douay property as a whole. Additionally, the re-sampling has allowed Aurvista to conduct check sampling on certain assays and fill in gaps where material had not been sampled previously. | |
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