For thousands of other reports visit RSC's Mineral Intellingence Map
Enforcer Gold Corp.
Summary
| Project: | Roger | |
|---|---|---|
| Deposit: | Mop-II | |
| Location: | Canada | |
| Commodities: | Gold-Copper-Silver | |
| Date: | 9/18/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-9-2018: Enforcer Gold Corp. announces a Resource Estimation report for its Mop-II deposit at the Roger project. Amended mineral resource estimate for Mop-II deposit reducing tonnage and ounces. TORONTO, Sept. 18, 2018 /CNW/ - Enforcer Gold Corp ("Enfor | |
| Resources: | (Resource): 10.9Mt @ 0.95g/t AuEq (Ind.), 6.569Mt @ 0.96g/t AuEq (Inf.) | |
| CP/QP: | [Resources]: Christian D'Amours (GeoPointCom) | |
| ABSTRACT: | TORONTO, Sept. 18, 2018 /CNW/ - Enforcer Gold Corp ("Enforcer" or the "Company") (TSX-V: VEIN; FSE: N071) along with SOQUEM today announce the results of an amended and restated mineral resource estimate on the Mop-II gold-copper deposit at the Company's Roger project. Enforcer is earning a 50% interest in the Roger project from project operator, SOQUEM. Enforcer and SOQUEM were informed by Qualified Person, Christian D'Amours of GéoPointCom, that an error had been discovered within the drill hole database utilized in the mineral resource estimate reported on August 28, 2018. The error affected the data for several drill holes at the western ends of the North and Main zones and lead to a misestimating of the resource and induced an oversized conceptual pit shell. The effect and scale of the error on the resource could not be determined without a complete re-estimation; hence, Enforcer and SOQUEM requested GéoPointCom to immediately correct the database and recalculate the mineral resource. The revised mineral resource estimate prepared by GéoPointCom using a 0.45 g/t gold equivalent ("AuEq") cut off is 333,000 AuEq oz in the Indicated category and 202,000 AuEq oz in the Inferred category (Table 1). The impact of the amendment is a 12% decrease in the total Indicated resources and a 45% decrease in the total Inferred resources announced on August 28, 2018. Over 60% of the amended global resource is in the higher confidence Indicated category. Enforcer Gold President and CEO, Steve Roebuck, comments: "This is a very unfortunate situation but one that is not of Enforcer Gold's making. The database error that lead to the amendment and restatement of the mineral resource is highly regrettable, but fortunately, the reduction to the Inferred resources is largely confined to the North Zone where drilling coverage is limited. There is little impact on the Mop-II Main Zone and the bulk of the Indicated resources. This restatement has no impact on Enforcer and SOQUEM's commitment to advancing the Roger project and building the mineral resource on the Mop-II deposit. The Phase 2 drilling campaign is set to commence shortly and will focus on increasing and upgrading the current resource base." | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report