Preliminary Economic Assessment (2016) – Dufferin Property

This article summarizes the processing route and key parameters reported in the NI 43-101 Technical Report for the Corcoran Canyon Project.

Report context

The NI 43-101 Technical Report for the Corcoran Canyon Project, Nye County, Nevada, was prepared for Resource Capital Gold Corp. with an effective date of July 15, 2016, and an issue date of August 8, 2016. The report covers property description, geology, history, exploration, drilling, sample preparation, data verification, mineral resource estimates, and recommendations. The report does not present a preliminary economic assessment, and no processing flowsheet, operating data, or testwork results are included in the available evidence.

Processing route

Mineral Resource Estimates

The report contains a section titled Mineral Resource Estimates (Section 13). No details on resource classification, tonnage, grade, or cutoff parameters are provided in the available evidence.

Metallurgical Testing

The report recommendations include a Phase 2 item for Metallurgical Testing. No testwork results, design parameters, or historical operating data are presented in the available evidence.

Recommendations

The report recommends Phase 1: Drilling and Resource Calculation and Phase 2: Metallurgical Testing, with an associated budget. No flowsheet design, processing performance, or economic parameters are included.

Key reported parameters

Parameter Value Basis
Effective Date July 15, 2016 Report date
Issue Date August 8, 2016 Report date
Property Corcoran Canyon Project Report location
County Nye County, Nevada Report location
Company Resource Capital Gold Corp. Report preparer
Phase 1 Recommendation Drilling and Resource Calculation Report recommendation
Phase 2 Recommendation Metallurgical Testing Report recommendation

Project website: https://www.mining.com/web/ressources-appalaches-acquisition-and-development-at-the-dufferin-mine/

Technical qualifications

The report does not contain a preliminary economic assessment, processing flowsheet, design parameters, historical operating data, testwork results, or economic analysis. No mineral resource estimates are reported in the available evidence. The report is a technical report under NI 43-101 and is limited to property description, geology, exploration history, drilling, and recommendations for future work.

Source: NI 43-101 Technical Report, Corcoran Canyon Project, Nye County, Nevada, effective July 15, 2016, issued August 8, 2016.

Mineral processing basics

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