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Auteco Minerals Ltd.
Summary
| Project: | Pickle Crow | |
|---|---|---|
| Deposit: | Pickle Crow | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/29/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-6-2020: Auteco Minerals Ltd. announces a Resource Estimation report for its Pickle Crow deposit at the Pickle Crow project. Initial JORC compliant Resource Estimate for Project. Auteco Minerals Ltd (Auteco or the Company) (ASX: AUT) is pleased to annou | |
| Resources: | (Resources, Inf.): 2.3Mt @ 11.6g/t Au (0.83Moz Au) | |
| CP/QP: | [Resource] Marcus Harden, Brian Fitzpatrick (Cube Consulting Pty Ltd.,Internal) | |
| ABSTRACT: | Auteco Minerals Ltd (Auteco or the Company) (ASX: AUT) is pleased to announce a maiden JORC 2012- compliant Inferred Resource of 830,000oz at 11.6 g/t gold (Resource) for its Pickle Crow Gold Project (Pickle Crow) in Ontario, Canada. The Resource estimate stems from a review of the existing data at Pickle Crow, including previous nonJORC compliant resources, and has been completed by Perth-based Cube Consulting. Auteco started its maiden drilling program at Pickle Crow late last month. Since then nine holes have been drilled, and assays are pending analysis. The results of this program will form part of a resource update Auteco aims to complete later this calendar year. Auteco can earn up to 80 per cent of Pickle Crow from First Mining Gold Corp (refer to ASX release dated 28 January 2020). The project is located in a world-class gold mining province which also hosts projects such as Red Lake (Evolution Mining: 25Moz), Musselwhite (Newmont Corporation: 5.7Moz) and Springpole (First Mining Gold Corp: 4.7Moz). Auteco Executive Chairman Ray Shorrocks said the Company had made a strong start in its strategy to establish Pickle Crow as a world-scale project in a Tier-1 location. | |
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