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Canamex Resources Corp.
Summary
| Project: | Bruner | |
|---|---|---|
| Deposit: | Bruner | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 9/29/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-9-2016: Canamex Resources Corp. announces a PEA report for its Bruner deposit at the Bruner project. Amended PEA results incl. pre-tax NPV (5%) of $61M, IRR of 42.1%. At the request of the issuer, Canamex Resources Corp. (herein after referred to as “C | |
| Resources: | ||
| CP/QP: | [Resources]: Randall K. Martin (Welsh Hagen Associates) | |
| ABSTRACT: | At the request of the issuer, Canamex Resources Corp. (herein after referred to as “Canamex” or the “Company”), this NI 43-101 Technical Report on the Bruner Gold Project Preliminary Economic Assessment (“PEA”, or the “Report”) has been prepared by Welsh Hagen Associates (“WHA”). The purpose of this Report is to provide Canamex and its investors with an independent opinion on the technical and economic aspects and mineral resources at Bruner. This PEA is based, in part, on the previously filed Technical Report and Resource Estimate for the Bruner Gold Project, Nye County, Nevada, prepared for Canamex by William F. Tanaka, dated February 27, 2015, which is publically available at www.sedar.com. This PEA conforms to the standards specified in Canadian Securities Administrators’ National Instrument NI 43-101, Companion Policy 43-101CP and Form 43-101F. This report presents the results of the PEA based on all available technical data and information as of February 29, 2016. For the purpose of this PEA, the Bruner Gold Project is comprised of three gold resource zones, the Historic Resource Area (HRA), the Paymaster zone and the Penelas zone. | |
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