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Project: | Pitt | |
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Deposit: | Pitt | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 9/7/2016 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 7-9-2016: First Mining Gold Corp. announces a Supporting Acquisition report for its Pitt deposit at the Pitt project. Technical report filed in support of acquisition of property. In 2011, Micon International Limited (Micon) was retained by Brionor Resour | |
Resources: | (Resource): 600Kt @ 7.83g/t Au (Ind.) and 476Kt @ 6.91g/t Au (Inf.) at Pitt | |
CP/QP: | [Resources]: William J. Lewis, Alan J. San Martin (Micon International Ltd.) | |
ABSTRACT: | In 2011, Micon International Limited (Micon) was retained by Brionor Resources Inc. (Brionor) to prepare an independent Technical Report on Brionor’s Pitt Gold Property in the Duparquet Township of the Abitibi Region of the Province of Quebec. That report, which was issued on June 10, 2011, 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. Micon was retained at the time to re-address its 2011 Technical Report to Xmet, to reflect Xmet’s acquisition of the Pitt Gold Property. Xmet was unable to complete the acquisition of the Pitt Gold property and it was returned to Brionor. 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 June, 2011 Pit Gold report it had completed for Brionor. Micon’s 2011 Technical Report was prepared under the former National Instrument 43-101 (NI 43-101) format for such reports. As part of the process involved in re-addressing the earlier Technical Report to Xmet, Micon’s 2011 report has been updated to comply with the new Technical Report format which was introduced as of June 30, 2011. This format has been continued for the First Mining re-address. | |
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