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Golden Dawn Minerals Inc.

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Summary

Project:

Greenwood

Deposit:Greenwood
Location:Canada
Commodities:Gold-Silver-Copper-Lead-Zinc
Date:6/19/2017
Report Code:NI43-101
Report Type:PEA
Project Stage:Pursuing Resource Increase/Upgrade
Report details:19-6-2017: Golden Dawn Minerals Inc. announces a PEA report for its Greenwood deposit at the Greenwood project. Updated mineral resource and PEA results incl. post-tax NPV (7%) of US$18.8M, IRR of 103.4%. P&E Mining Consultants Inc. (“P&E”) was engaged by
Resources:
CP/QP:[Resources]: Fred Brown (P&E Mining Consultants Inc.)
ABSTRACT:P&E Mining Consultants Inc. (“P&E”) was engaged by Golden Dawn Minerals Inc. (“Golden Dawn”) to prepare a National Instrument 43-101 (“NI 43-101”) Technical Report titled “Updated Preliminary Economic Assessment on the Greenwood Precious Metals Project, including the Lexington-Grenoble Deposit, Lexington Property, Golden Crown Deposit, Golden Crown Property, Deadwood Deposit, Tam O’Shanter Property, Phoenix Property and Boundary Falls Property, all located near Greenwood, B.C.”, (“The Report”). The Report has an effective date of May 5, 2017. The Lexington-Grenoble Mine is a development project. The Golden Crown, Tam O’Shanter, Phoenix and Boundary Falls Properties are all intermediate stage exploration projects. The Lexington-Grenoble Mine, the Golden Crown Deposit, the Deadwood Deposit, the Phoenix and Boundary Falls Properties and the central Greenwood Mill and tailings facility along with their related property land tenure, mining equipment and permits are collectively referred to as the Greenwood Precious Metals Project. Golden Dawn Minerals has acquired 100% interest in most of these properties and assets through multiple business arrangements made in 2016 and 2017.

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