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Metminco Ltd.
Summary
| Project: | Miraflores | |
|---|---|---|
| Deposit: | Miraflores | |
| Location: | Colombia | |
| Commodities: | Gold-Silver | |
| Date: | 10/30/2017 | |
| Report Code: | JORC | |
| Report Type: | Feasibility Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 30-10-2017: Metminco Ltd. announces a Feasibility Study report for its Miraflores deposit at the Miraflores project. Updated feasibility study for Miraflores. Metminco Limited (ASX: MNC, AIM: MNC) (“Metminco” or the “Company”) is pleased to announce the d | |
| Resources: | (Reserve, P+P): 2.978Mt @ 4.35g/t Au, 3.08g/t Ag for 417Koz Au, 295Koz Ag contained at project | |
| CP/QP: | [Overall Report]: Boris Caro (Not stated) | |
| ABSTRACT: | Metminco Limited (ASX: MNC, AIM: MNC) (“Metminco” or the “Company”) is pleased to announce the details of the feasibility study technical findings for the development of its Miraflores Gold Project in Quinchia, Department of Risaralda, Colombia (the “Project”). The Miraflores Feasibility Study (“Report” or “Study”) has been prepared following the guidelines of the Canadian Securities Administrators’ National Instrument 43-101 and Form 43-101F1 and the JORC code (2012). The Mineral Resource Statement reported herein was prepared in conformity with generally accepted “Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines” (CIM Guidelines) in 2012 and updated in 2016 to comply with the NI 43-101 and the JORC Code (2012 edition) (The Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code)). Miraflores retained the services and coordinated the work of various subcontractors for the preparation and compilation of the Report. The work is not considered independent, although most of the consultants involved can be considered as such, because a portion of the Report, including the Economic Analysis section, has been authored by Miraflores. Miraflores is, however, classified as a producing issuer in terms of the Standards of Disclosure for Mineral Projects and is therefore fully competent through its in-house Qualified Persons to present these sections of the Report. | |
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