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| Project: | Preview Lake | |
|---|---|---|
| Deposit: | North Lake | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/25/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-3-2020: MAS Gold Corp. announces a Resource Estimation report for its North Lake deposit at the Preview Lake project. Initial Mineral Resource Estimate for North Lake Gold Deposit. VANCOUVER, March 25, 2020 /CNW/ - MAS Gold Corp. ("MAS Gold" - TSX.V: M | |
| Resources: | (Resources, Inf.): 14.1Mt @ 0.92g/t Au (417koz Au) | |
| CP/QP: | [Resources]: David Thomas (DKT Geosolutions Inc.) | |
| ABSTRACT: | VANCOUVER, March 25, 2020 /CNW/ - MAS Gold Corp. ("MAS Gold" - TSX.V: MAS) is pleased to announce the Maiden Mineral Resource estimate for the North Lake gold deposit ("North Lake"), located on the La Ronge Gold Belt of northeastern Saskatchewan. The estimate follows MAS Gold's 2019, North Lake drilling and surface channel sampling programs, the results of which were reported in MAS Gold's news releases dated June 25, 2019 and January 15, 2020, respectively. At a marginal grade cut-off of 0.45 grams per tonne gold ("g/t Au"), the North Lake gold deposit is estimated to contain an Inferred Mineral Resource of 14,110,000 t grading 0.92 g/t Au, hence 417,000 contained ounces of gold ("oz Au"). David Thomas, P. Geo., of DKT Geosolutions Inc. is the Qualified Person ("QP", as defined by National Instrument 43-101) for the North Lake Mineral Resource estimate that has an effective date of March 01, 2020. Mr. Ron Netolitzky, President and CEO of MAS Gold stated "This is a great day for MAS Gold. We have taken a large step toward accomplishing our goal of achieving one million gold ounces hosted by our La Ronge assets. | |
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