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First Mining Gold Corp.
Summary
| Project: | Cameron | |
|---|---|---|
| Deposit: | Cameron | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/22/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing PEA | |
| Report details: | 22-3-2017: First Mining Gold Corp. announces a Resource Estimation report for its Cameron deposit at the Cameron project. Updated resource estimate for Cameron deposit. On 9 June 2016 First Mining Finance Corp (First Mining) announced the successful compl | |
| Resources: | (Resource, M+I): 5.53Mt @ 2.61g/t Au for 464000oz Au contained (0.05g/t Au cut-off) | |
| CP/QP: | [Resources]: Kahan Mit-hat Cervoj (Optiro Pty Ltd.) | |
| ABSTRACT: | On 9 June 2016 First Mining Finance Corp (First Mining) announced the successful completion of the acquisition of Cameron Gold Operations Ltd., a wholly owned subsidiary of Chalice Gold Mines Limited (Chalice), the principal asset of which is the 100% owned Cameron Gold Project. On 9 December, 2016 First Mining requested that Optiro Pty Ltd re-issue the February Technical Report for the Cameron Gold Project originally prepared for Chalice Gold Mines Limited with First Mining as the addressee. The effective date of this report is 17 January, 2017. The updated reporting of the Mineral Resource in January 2017 relates to an open pit shell constraint and cut-off grades provided by First Mining that have been applied to the December 2015 model. In 2015, Chalice commissioned Optiro Pty Ltd (Optiro) to prepare a Mineral Resource estimate for the Cameron gold deposit located in Ontario, Canada (Figure 1.1). The Cameron Gold Project (CGP) is located approximately 80 km southeast of Kenora in the southern part of western Ontario. The site visit and oversight of the Mineral Resource estimate was carried out by Mr Mark Drabble. The Cameron Gold Deposit Mineral resource estimate has been updated using an additional 30,000 samples which combined with the re-logging of approximately 771 diamond holes (103,000 m) has increased the confidence of the geological and mineralisation interpretations. The definition of grade domains and continuity is considered to be robust and with greater confidence at a more local scale than previous estimates due to the much greater number of samples. The key constraints of geological controls and mineralisation continuity are well understood and the confidence in the input data and estimation process reported in this document are considered to be of a standard suitable to support the definition of a Mineral Resource under the CIM 2014 Definition Standards. | |
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