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Telson Resources Inc.
Summary
| Project: | Tahuehueto | |
|---|---|---|
| Deposit: | Tahuehueto | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 12/6/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Pre-Feasibility Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 6-12-2016: Telson Resources Inc. announces a Pre-Feasibility Study report for its Tahuehueto deposit at the Tahuehueto project. PFS results incl. post-tax NPV (8%) of $77M, IRR 36%. Telson Resources Inc. (“Telson” or the “Company”) requested that Metal Mi | |
| Resources: | (Reserve, Prob): 3.264Mt @ 3.40g/t Au, 41.8g/t Ag, 0.35% Cu, 1.19% Pb, 2.24% Zn | |
| CP/QP: | [Resources]: Scott Wilson (Metal Mining Consultants Inc.) | |
| ABSTRACT: | Telson Resources Inc. (“Telson” or the “Company”) requested that Metal Mining Consultants Inc. (“MMC”) prepare a Pre-Feasibility Study (“PFS”) for its 100% owned Tahuehueto Project. This report was authored by Scott E. Wilson of MMC along with contributions from other industry experts. This PEA has been prepared in compliance with Form 43-101F1 (Technical Report) and Companion Policy 43-101CP. The effective date of the report is November 18, 2016. The Tahuehueto Project (“Tahuehueto” or the “Project) is an advanced exploration stage polymetallic project. The mineralization consists of epithermal Au-Ag veins and brecciated structures with lead, zinc and copper, and is located in the Durango State within the prolific Sierra Madre Mineral Belt which hosts a series of historic and producing mines and most of México´s active exploration and development projects. From 1996 to present day, Telson and Real de la Bufa, S.A. de C.V., a Mexican subsidiary of Telson, have conducted surface and underground sampling and mapping, drilled 248 holes totaling 47,276 m into several mineralized bodies, and conducted metallurgical testing, as well as geophysics and other geological studies. The Project consists of 28 mining concessions that total 7,492.7889 ha. | |
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