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Meadow Bay Gold Corp.
Summary
| Project: | Atlanta Gold Mine | |
|---|---|---|
| Deposit: | Atlanta | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 6/15/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-6-2018: Meadow Bay Gold Corp. announces a Resource Estimation report for its Atlanta deposit at the Atlanta Gold Mine project. Updated mineral resource estimate at the project. Vancouver, BC – June 15, 2018 Desert Hawk Resources Incorporated (“DHRI” or | |
| Resources: | (Resource, M+I): 12.580Mt @ 1.30ppm Au, 11.6ppm Ag for 525Koz Au, 4.690Moz Ag contained | |
| CP/QP: | [Resources]: Thomas Matthews (Gustavson Associates LLC) | |
| ABSTRACT: | Vancouver, BC – June 15, 2018 Desert Hawk Resources Incorporated (“DHRI” or the “Company”), a wholly-owned US subsidiary of Meadow Bay Gold Corporation (CSE:MAY) (OTCQB:MAYGF) (Frankfurt:A2DYQ5) is pleased to report it has received an initial in-pit resource estimate for its Atlanta Gold Mine Project, in Lincoln County, Nevada. The report was prepared by Gustavson Associates of Lakewood, Colorado. The in-pit resource is a sub-set of the larger global resource at the Atlanta Project and incorporates the result of additional drilling in 2012 and 2015. The bulk of the resource is along the intersection of the Atlanta Fault with a prominent east-west shear zone. It also includes much to the Atlanta Porphyry which is in the hanging-wall of the Atlanta Fault. No effort was made to differentiate precious metal mineralization in the Atlanta Fault from that of the Atlanta Porphyry. In-pit Resources are reported at a cutoff grade of 0.4 gpt Au, and within a Lerchs-Grossman pit shell. Resources are not reserves and do not have demonstrated economic viability. There is no certainty that the Mineral Resource will be converted to Mineral Reserves. The quantity and grade is an estimate and is rounded to reflect the fact that it is an approximation. Quantities may not sum due to rounding. | |
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