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Transaction Announcement Reports
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Project: | Pitt | |
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Deposit: | Pitt | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 1/6/2017 | |
Report Code: | NI43-101 | |
Report Type: | Resource Estimation | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 6-1-2017: First Mining Gold Corp. announces a Resource Estimation report for its Pitt deposit at the Pitt project. Amended report - resource classification revised to Inferred only. In March, 2016, First Mining Finance Corp. (First Mining) announced that | |
Resources: | (Resource, Inf.): 1.076Mt @ 7.42g/t Au for 257000oz Au contained | |
CP/QP: | [Resources]: William J. Lewis, Alan J. San Martin (Micon International Ltd.) | |
ABSTRACT: | In March, 2016, First Mining Finance Corp. (First Mining) announced that it had entered into an agreement to acquire the Pitt Gold property from Brionor. First Mining completed the purchase in April, 2016 and in May, 2016, William F. Tanaka, Vice President, Technical Services for First Mining asked Micon to re-address the Pitt Gold technical report dated June 10, 2011 (the 2011 Technical Report) for Brionor to First Mining as a result of the transaction. The 2011 Technical Report was prepared by Micon International Limited (Micon) when Brionor Resources Inc. (Brionor) requested it prepare an independent technical report on Brionor’s Pitt Gold Property in the Duparquet Township of the Abitibi Region of the Province of Quebec. The 2011 Technical Report included an audit of the initial polygonal resource estimate for the Pitt Gold Property, conducted for Brionor by Mr. Pierre O’Dowd. In May, 2012, Xmet Inc. (Xmet) announced that it had entered into an agreement to purchase the Pitt Gold property from Brionor. At that time, Micon was retained by Mr. Charles Beaudry, President and Chief Operating Officer of Xmet, to re-address the 2011 Technical Report to Xmet to reflect Xmet’s acquisition of the Pitt Gold property. Xmet was subsequently unable to complete its purchase of the Pitt Gold Property and the property was returned to Brionor. | |
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