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East Asia Minerals Corp.
Summary
| Project: | Sangihe | |
|---|---|---|
| Deposit: | Sangihe | |
| Location: | Indonesia | |
| Commodities: | Gold-Silver | |
| Date: | 7/13/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 13-7-2017: East Asia Minerals Corp. announces a Resource Estimation report for its Sangihe deposit at the Sangihe project. Updated mineral resource estimate at Sangihe. At the request of Mr Frank Rocca, Vice-President of Exploration of East Asia Minerals | |
| Resources: | (Resource): 3.157Mt @ 1.13g/t Au, 19.4g/t Ag (Ind.) and 2.536Mt @ 1.29g/t Au, 13.0g/t Ag (Inf.) | |
| CP/QP: | [Resources]: Ian Taylor (Mining Associates Pty Ltd.) | |
| ABSTRACT: | At the request of Mr Frank Rocca, Vice-President of Exploration of East Asia Minerals Corporation (“EAMC”) in 2013, Mining Associates Pty Ltd (“MA”) was commissioned to prepare a Mineral Resource Estimate and related National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) Technical Report on EAMC’s 70% owned Sangihe Project (the “Sangihe Project”) in Indonesia. MA has based this report on information provided by EAMC, third party technical reports, a site visit and resource modelling work conducted by MA. The Mineral Resource Estimate outlined in the table below was prepared in compliance with Canadian Institute of Mining, Metallurgy and Petroleum Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines (“CIM guidelines”) and under the guidance of NI 43-101 disclosure standards for reporting Mineral Projects. The Sangihe mineral tenement originally consisted of two blocks, one located on Talaud Island and one located on Sangihe Island in the Province of North Sulawesi, Indonesia. The Talaud Island block is not covered in this report. The Sangihe block covering 42,000 ha is centered at about ~786,673 m E and 380,239 m N (UTM Zone 51, WGS84). The Bawone and Binebase deposits, which are the focus of this report, are located in the eastern part of the Sangihe tenement on the southeast coast of Sangihe Island. | |
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