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First Mining Gold Corp.
Summary
| Project: | Pickle Crow | |
|---|---|---|
| Deposit: | Pickle Crow | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/23/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-8-2018: First Mining Gold Corp. announces a Resource Estimation report for its Pickle Crow deposit at the Pickle Crow project. Updated mineral resource estimate at the project. At the request of First Mining Gold Corp. (First Mining), Micon Internation | |
| Resources: | (Resource, Inf.): 9.452Mt @ 4.1g/t Au for 1.230Moz Au contained at Pickle Crow | |
| CP/QP: | [Resources]: Terrence Hennessey (Micon International Ltd.) | |
| ABSTRACT: | At the request of First Mining Gold Corp. (First Mining), Micon International Limited (Micon) has updated the mineral resource estimate for the former producing Pickle Crow mine near Pickle Lake, Ontario and prepared a National Instrument 43-101 (NI 43-101) Technical Report to support its release to the public. The Pickle Crow mine was operated by Pickle Crow Gold Mines (PCGM) between 1935 and 1966 and produced 1,446,214 oz of gold and 168,757 oz of silver from 2,785,488 tonnes (3,070,475 tons) of ore milled. Micon was originally retained in 2011 by Mr. Neil Pettigrew, Vice President, Exploration for PC Gold Inc. (PC Gold) to review and take responsibility for a mineral resource estimate for the remaining mineralization at the Pickle Crow mine and to prepare a National Instrument 43-101 (NI 43-101) Technical Report to support its release. Since 2011, PC Gold has completed additional drilling on some of the known zones including the No. 1 and No. 5 Veins and the “BIF”, a mineralized banded iron formation target. Other drilling was completed elsewhere on the property. PC Gold also completed an in-house resource estimate on two newly discovered, closely spaced zones, the No. 22 and No. 23 Veins. First Mining acquired PC Gold on November 16, 2015 (the “Acquisition Date”). References to PC Gold in this report: (a) for any period prior to the Acquisition Date means PC Gold Inc., on a pre-acquisition basis; and (b) for any period on or after the Acquisition Date means PC Gold Inc., on a post-acquisition basis and as a wholly-owned subsidiary of First Mining. In April, 2016, First Mining retained Micon to re-estimate the mineral resources in the No. 1 and No. 5 Veins and the “BIF”, and to review and take responsibility for the No. 22/23 Vein estimate. Additionally, minor adjustments were to be made on No. 2 Vein for a crown pillar that was found to be missing and the No. 19 Vein to limit the mineralized vein extents to the Pickle Crow Porphyry. This necessitated re-estimation of the No. 19 block model despite there being no new drilling. One intercept from Vein No. 8 was found to actually be part of the new Vein 22/23 zone and needed to be deducted from the Vein 8 estimate. All other zone block models were to remain unchanged but have been reported at different cut-off grades. | |
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