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Minera IRL Ltd.

opaxe

Summary

Project:

Corihuarmi Mine

Deposit:Corihuarmi Mine
Location:Peru
Commodities:Gold
Date:10/2/2017
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:2-10-2017: Minera IRL Ltd. announces a Resource Estimation report for its Corihuarmi Mine deposit at the Corihuarmi Mine project. Clarification of technical report withdrawing uncategorised gold reserves. LIMA, PERU—( Marketwired, October 2, 2017) – At th
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: n/a (n/a)
ABSTRACT:LIMA, PERU—( Marketwired, October 2, 2017) – At the request of the Investment Industry Regulatory Organization of Canada (“IIROC”), Minera IRL Limited (“Minera IRL” or the “Company”) (BVL:MIRL) (CSE:MIRL) would like to clarify disclosure in its news release issued this morning. Specifically, the Company would like to retract the disclosure of the increase in estimated gold reserves at its open pit Corihuarmi gold mine. National Instrument 43-101 requires that each category of mineral reserve be reported separately, and does not permit disclosure of a mineral reserve without such a breakdown. The Company has asked Andean Consulting Group SAC, the author of the technical report referred to in its press release of this morning, to provide this breakdown by category of mineral reserve, and the Company plans to publish a corrected news release promptly following receipt.

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