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Resource Capital Gold Corp.
Summary
| Project: | Dufferin | |
|---|---|---|
| Deposit: | Dufferin | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 11-4-2017: Resource Capital Gold Corp. announces a PEA report for its Dufferin deposit at the Dufferin project. Revised PEA on the Dufferin property. This report is a Preliminary Economic Analysis (PEA) of the Dufferin Property (the Property) with th | |
| Resources: | (Resource): 0.1515Mt @ 11.9g/t Au (Ind.), 0.7039Mt @ 6.6g/t Au (Inf.) | |
| CP/QP: | [Resources]: William Douglas Roy, Gregory Z. Mosher (Minetech International Ltd.;Global Mineral Resource Services Ltd.) | |
| ABSTRACT: | This report is a Preliminary Economic Analysis (PEA) of the Dufferin Property (the Property) with the presently defined Mineral Resources. The mining plan is based on using underground hard rock mining, trackless equipment and conventional gravity-flotation processing. A gold doré brick and a gold flotation concentrate will be the saleable items from the mine. The Property consists of two portions, “East Dufferin” and “West Dufferin” that are faultseparated. At East Dufferin, Resource Capital Gold Corp., through its subsidiary Maritime Dufferin Gold Corp., currently holds three separate but contiguous exploration licences consisting of 54, 40-acre claims for a total of 2,160 acres (874 ha). Exploration License 50561 covers the known mineral resources at East Dufferin. This licence was previously held as Mining Lease 94-2. The company also holds an Environmental Approval, and Industrial Approval for the East Dufferin portion of the Property, both of which remain in place and valid. At West Dufferin, through a separate subsidiary, Resource Capital Gold Corp. owns two exploration licenses contiguous with those at East Dufferin, comprising 50, 40-acre claims for a total of 2,000 acres (809 ha). These are Exploration License 06219, which covers the known mineral resources at West Dufferin, and Exploration License 06271, which joins 06219 to the west. The total project thus comprises 104, 40-acre claims totalling 4,160 acres (1,683) under the control of Resource Capital Gold Corp. | |
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