Golden Eye was final drilled inside the early nineties when gold was less than US$350/oz. Your entire drilling target sits exterior The existing source
Recently staked ground more than the extremely future Chibougamau Pluton and surrounding anorthositic host rock
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Ernest Mast has 30 yrs of experience in various specialized and executive roles within the mining field, throughout an array of commodities, geographies and growth phases. Mast is within the board of Scottie Sources. Mast previously held the positions of president and chief government officer at Primero Mining, vp of company development at Copper Mountain Mining, vice chairman of functions at New Gold and president and CEO of Minera Panama S.
The Company very first declared the foreign estimate of mineralisation to the Chibougamau Task on fifteen Oct 2024. The corporate confirms which the supporting data included in the first announcement carries on to use and it has not materially adjusted, notwithstanding the clarification announcement launched by Cygnus on 28 January 2025 ("Clarification"). Cygnus confirms that (notwithstanding the Clarification) It isn't aware about any new information or facts that materially impacts the information included in the initial announcement and that every one content assumptions and technical parameters underpinning click now the estimates in the original announcement carry on to use and possess not materially altered.
Barclay Palmer is really a Imaginative government with ten+ several years of making or handling quality programming and types/organizations throughout many platforms.
"Golden Eye is reasonably unique at Chibougamau in getting a appreciably better proportion of gold than copper and was discovered by the team early as a great gold-dominant drill focus on.
Gold can produce extensive-time period returns that easily exceed what you pay in storage expenses and insurance policies rates. The precious metal has produced an annualized return earlier mentioned 10% over the past 20 years.
To validate or enhance these estimates to current standards, Anteros would want to complete subject validation of historic trench and drill collar destinations, resample archived or in situ materials employing contemporary analytical techniques, use latest QA/QC protocols, and comprehensive a compliant geological design that supports estimation in accordance with CIM Definition Specifications.
Whether the information spacing and distribution is adequate to determine the diploma of geological and quality continuity suitable for the Mineral Useful resource and Ore Reserve estimation procedure(s) and classifications utilized.
Similarly, physical assets could possibly be tricky to sell at fair selling prices, significantly during moments of heightened volatility. Not to mention, precious metals have the included risk of theft When they are saved in the home.
The organization is exclusive since it owns the one mill in the area. The Copper Rand mill is built to procedure an average of 1,350 tonnes-per-day and may must be refurbished.
Brent Omland is definitely the co-CEO of Ocean Associates furnishing A variety of trading products and services for miners, smelters and refiners globally. He's a chartered accountant and it has held CFO roles for publicly stated providers while in the assets business.
Exploration at Colline has long been halted Traditionally with the discovery of and target other deposits while in the area