Kriging

Power Nickel Announces Filing of Amended Technical Report

Retrieved on: 
Tuesday, January 23, 2024

These mineral resources are not mineral reserves as they do not have demonstrated economic viability.

Key Points: 
  • These mineral resources are not mineral reserves as they do not have demonstrated economic viability.
  • The constraining pit shell was developed using overall pit slopes of 45 degrees in bedrock and 25 degrees in overburden.
  • Capping grades are as follow: 2% for Nickel, 1.5% for Copper, 0.15% for Cobalt, 1.2 g/t for Platinum, and 3 g/t for Palladium.
  • The reader is cautioned that the numbers presented in the following tables should not be misconstrued with a mineral resource statement.

In Excess of 5.4 Million Indicated Tonnes Grading 1.05 % NiEq and 1.8 Million Inferred Tonnes Grading 1.35 % NiEq

Retrieved on: 
Wednesday, November 29, 2023

These mineral resources are not mineral reserves as they do not have demonstrated economic viability.

Key Points: 
  • These mineral resources are not mineral reserves as they do not have demonstrated economic viability.
  • The constraining pit shell was developed using overall pit slopes of 45 degrees in bedrock and 25 degrees in overburden.
  • The reader is cautioned that the numbers presented in the following tables should not be misconstrued with a mineral resource statement.
  • Table 2 - 2023 Nisk Project Mineral Resource Estimate – Sensitivity of the block model at various cut-off grades.

Updated Mineral Resource Estimate Doubles Measured & Indicated Resources at Canada Nickel's Crawford Nickel Sulphide Project

Retrieved on: 
Wednesday, July 6, 2022

TORONTO, July 6, 2022 /PRNewswire/ -Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) announced today an updated mineral resource estimate for its 100% owned Crawford Nickel Sulphide Project ("Crawford") near Timmins, Ontario,more than doubling the project's Measured & Indicated (M&I) mineral resources.

Key Points: 
  • TORONTO, July 6, 2022 /PRNewswire/ -Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) announced today an updated mineral resource estimate for its 100% owned Crawford Nickel Sulphide Project ("Crawford") near Timmins, Ontario,more than doubling the project's Measured & Indicated (M&I) mineral resources.
  • With 3.48 Mt of contained nickel in M&I resources, the company believes Crawford has the fifth largest contained nickel sulphide resource globally.
  • Consistent with previously reported resources, a cut-off grade of 0.15% nickel was used in the Mineral Resource Estimate.
  • Table 2 Additional Drill Results from the Crawford Nickel Sulphide Project Main Zone Included in the Resource Estimate.

White Gold Corp. Files Technical Report for the VG Deposit Including 16% Increase to Inferred Resources, Located 11 Km North of its Flagship Golden Saddle & Arc Deposits, Yukon, Canada

Retrieved on: 
Friday, December 24, 2021

Pass two used the full correlogram range of 120 m X 37 m X 11 m in the X, Y, and Z directions respectively.

Key Points: 
  • Pass two used the full correlogram range of 120 m X 37 m X 11 m in the X, Y, and Z directions respectively.
  • Mineralization at the Golden Saddle and Arc is also known to extend beyond the limits of the current resource estimate.
  • The Companys VG deposit acquired in March 2019 hosts an Inferred Resource of 267,600 ounces of gold at 1.62 g/t Au(2).
  • (2) See White Gold Corp. technical report titled Technical Report for the QV Project, Yukon Canada, dated November 15, 2021, prepared by Dr. Gilles Arseneau, P.Geo., available on SEDAR.

White Gold Corp. Announces 16% Increase to Inferred Resources at its VG Deposit Located 11 km North of its Flagship Golden Saddle and Arc Deposits, Yukon, Canada

Retrieved on: 
Thursday, November 11, 2021

Top cuts to each of the estimated zones were applied with capping values ranging from 3 g/t to 10 g/t Au.

Key Points: 
  • Top cuts to each of the estimated zones were applied with capping values ranging from 3 g/t to 10 g/t Au.
  • The QV project is located approximately 85 km south of Dawson City and 11 km north of the Companys flagship Golden Saddle and Arc deposits in west-central Yukon, Canada.
  • Mineralization at the Golden Saddle and Arc is also known to extend beyond the limits of the current resource estimate.
  • The Companys VG deposit acquired in March 2019 hosts an Inferred Resource of 267,600 ounces of gold at 1.62 g/t Au (this news release).

Yamana Gold Announces Positive Development Decision on Its Wholly-Owned Wasamac Project Based on Positive Results From Several Studies Showing Higher Average Daily Throughput, Increased Mineral Reserves, Increased Average Annual Production and Strong, Inc

Retrieved on: 
Monday, July 19, 2021

The mineral resource estimate follows 2019 CIM definitions and guidelines for mineral resources and are reported exclusive of mineral reserves.

Key Points: 
  • The mineral resource estimate follows 2019 CIM definitions and guidelines for mineral resources and are reported exclusive of mineral reserves.
  • Mineral resources were evaluated using the ordinary kriging weighting algorithm informed by capped composites and constrained by three-dimensional mineralization wireframes.
  • Including the ramp-up phase, average annual production for the first five years of operation is expected to be 184,000 ounces.
  • LOM sustaining capital is aligned with the higher production rate, increased mineral reserves footprint and benchmarked underground development costs per metre.

Karus Gold Clarifies FG Gold Disclosure Related to Historical Resource

Retrieved on: 
Friday, May 21, 2021

Specifically, the Company made reference to a historical resource for the FG Gold project without specifically clarifying that the property does not contain any current mineral resources, and making requisite qualifications to the historical estimate.\nThe historical resource estimate of 15.17 million tonnes grading 0.776g/t gold for 376,000 ounces of gold and inferred resources of 27.49 million tonnes grading 0.718g/t gold for 634,900 ounces of gold is referred to in NI 43-101 technical report dated July 27, 2015 "Campbell, K. V., and Giroux, G. H., 2015, NI 43-101 technical report, Frasergold exploration project, Cariboo Mining Division, B.C.

Key Points: 
  • Specifically, the Company made reference to a historical resource for the FG Gold project without specifically clarifying that the property does not contain any current mineral resources, and making requisite qualifications to the historical estimate.\nThe historical resource estimate of 15.17 million tonnes grading 0.776g/t gold for 376,000 ounces of gold and inferred resources of 27.49 million tonnes grading 0.718g/t gold for 634,900 ounces of gold is referred to in NI 43-101 technical report dated July 27, 2015 "Campbell, K. V., and Giroux, G. H., 2015, NI 43-101 technical report, Frasergold exploration project, Cariboo Mining Division, B.C.
  • While the resource estimate was prepared in accordance with NI 43-101 standards Karus Gold views the resource as a historical resource as defined in Section 2.4 of NI 43-101 as a qualified person has not done sufficient work to classify the historical estimate as a current mineral resource.
  • Grades for 10 x 10 x 5 m blocks were interpolated by ordinary kriging.
  • The resource was calculated at a cut-off grade of 0.5 g/t Au.

Rupert Resources Ltd. Announces Equity Financings Totalling C$42.4 Million

Retrieved on: 
Monday, May 17, 2021

Agnico Eagle have indicated their intention to participate in the private placement pro-rata their current shareholding in the Company.

Key Points: 
  • Agnico Eagle have indicated their intention to participate in the private placement pro-rata their current shareholding in the Company.
  • The Company owns the Pahtavaara gold mine, mill, and exploration permits and concessions located in the Central Lapland Greenstone Belt in Northern Finland (\xe2\x80\x9cPahtavaara\xe2\x80\x9d).
  • This mineral resource estimate was calculated using the multiple indicator kriging method (MIK) and is classified as Inferred as defined by the CIM.
  • Mineral Resources do not include Mineral Reserves and do not have demonstrated economic viability.

Silver Viper Announces a Maiden Gold-Silver Mineral Resource Estimate at La Virginia Project

Retrieved on: 
Monday, May 3, 2021

All blocks for the Las Huatas, Con Virginia and El Rubi were estimated by ordinary kriging while all other deposits were estimated by ID2.

Key Points: 
  • All blocks for the Las Huatas, Con Virginia and El Rubi were estimated by ordinary kriging while all other deposits were estimated by ID2.
  • The first pass considered a relatively small search ellipsoid, while the second and third pass search ellipsoids were larger.
  • The project is largely underlain by rocks of the Lower Volcanic Sequence uplifted and exposed by basin and range faulting.
  • The Las Huatas, Con Virginia (includes La Virginia) and El Oriental deposits are located within a 3.0 kilometre portion of the trend.

Goldsource Announces Updated Mineral Resource Estimate for Eagle Mountain Project; MRE Expanded to 848,000 Ounces of Gold (Indicated Resource) and 868,000 Ounces of Gold (Inferred Resource)

Retrieved on: 
Monday, February 22, 2021

The interpolation used ordinary kriging for the Eagle Mountain deposit and the inverse of the squared distance ("ID2") for Salbora.

Key Points: 
  • The interpolation used ordinary kriging for the Eagle Mountain deposit and the inverse of the squared distance ("ID2") for Salbora.
  • Specific gravity for saprolite is 1.7 t/m3 and 1.6 t/m3 at the Eagle Mountain deposit and Salbora, respectively.
  • The Eagle Mountain Project comprises two gold deposits, Eagle Mountain and Salbora, in addition to several other exploration targets.
  • Goldsource is now focused on expanding gold resources and delivering subsequent studies for decision-making on a large-scale gold production at Eagle Mountain.