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Serabi Gold Plc
Summary
| Project: | Coringa | |
|---|---|---|
| Deposit: | Coringa | |
| Location: | Brazil | |
| Commodities: | Gold-Silver | |
| Date: | 2/28/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Feasibility Study | |
| Project Stage: | Mine Development | |
| Report details: | 28-2-2018: Serabi Gold Plc announces a Feasibility Study report for its Coringa deposit at the Coringa project. Feasibility results incl. after-tax IRR 30.1%, NPV (5%) $30.5M. This technical report has been prepared in support of the results of the Feasib | |
| Resources: | (Reserve, Prob.): 769kt @ 6.5g/t Au, 13.1g/t Ag for 161koz Au, 324koz Ag contained at project | |
| CP/QP: | [Overall Report]: Neil B. Prenn, Robert S. Michael (Independent) | |
| ABSTRACT: | This technical report has been prepared in support of the results of the Feasibility Study (FS) for the Coringa gold project in Brazil (Coringa Gold Project). The report has been prepared for Anfield Gold Corp. (Anfield) and Chapleau Resources Ltd. (Chapleau) by, or under the supervision of, Qualified Persons (QPs) within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) and as described in Section 28 (Date and Signature Page) of this report. Throughout this technical report, Anfield Gold Corp. and Chapleau Resources Ltd. are used interchangeably and are one and the same for the purposes of this report. Anfield and Chapleau contracted MTB Project Management Professionals, Inc. (MTB), to compile and prepare a technical report, for the Coringa Gold Project, with contributions by other consultants with extensive expertise in their respective fields. The QPs for this technical report are: Robert Sim, P.Geo. (Mineral Resource), of SIM Geological Inc. (Sim Geological); Bruce M. Davis, Ph.D., FAusIMM (Mineral Resource), of BD Resource Consulting Inc. (BDRC); Nelson King, SME Registered Member (Metallurgy and Process), of ND King Consulting, LLC, (NKing); Neil Prenn, P.E. and Edwin Peralta, P.E. (Mining and Mineral Reserves), of Mine Development Associates (MDA); Robert Michel, SME Registered Member (Economic Analysis and Infrastructure), of Robert Michel Enterprises, (RME); Brendan Fisher, Ph.D., P.E. (Mine Geotechnical), of Fisher Rock Engineering LLC (FR Engineering); Larry Breckenridge, P.E. (Hydrology, Hydrogeology, Geochemistry, and Infrastructure), of Global Resource Engineering, Ltd. (GRE), and Mark Smith, P.E. (Tailings Management Facility), of RRD International LLC (RRD). MTB’s work was completed under the supervision of Robert Michel, a QP within the meaning of NI 43-101. All the QPs are independent of Anfield. | |
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