“The Company is excited to generate the first-ever Mineral Resource documenting bedrock gold resources in the 125-year history of alluvial gold mining in the famous Klondike goldfields.”
Total Resources: Pit-Constrained at a 0.2 g/t Au Cut-Off
| Classification |
Deposit |
Tonnage
Tonnes |
Average Au Grade
g/t |
Au Content
oz. |
| Indicated |
Lone Star |
19,535,528 |
0.643 |
403,857 |
| Stander |
2,049,741 |
0.987 |
65,044 |
| Total |
21,585,269 |
0.676 |
468,901 |
| Inferred |
Lone Star |
6,156,522 |
0.503 |
99,562 |
| Stander |
304,821 |
1.265 |
12,397 |
| Total |
6,461,343 |
0.539 |
111,959 |
Lone Star Zone Resources
| Classification |
Au Cut-Offs
(g/t) |
Tonnage
(Tonnes) |
Average Au Grade
(g/t) |
Au Content
(oz.) |
| Indicated |
0.1 |
27,270,412 |
0.502 |
440,135 |
| 0.2 |
19,535,528 |
0.643 |
403,857 |
| 0.3 |
14,576,827 |
0.778 |
364,614 |
| 0.4 |
11,184,871 |
0.909 |
326,878 |
| 0.5 |
8,832,213 |
1.031 |
292,765 |
| Inferred |
0.1 |
8,503,730 |
0.403 |
110,181 |
| 0.2 |
6,156,522 |
0.503 |
99,562 |
| 0.3 |
4,333,985 |
0.609 |
84,859 |
| 0.4 |
3,276,452 |
0.693 |
73,001 |
| 0.5 |
2,273,378 |
0.803 |
58,692 |
Stander Zone Resources
| Classification |
Au Cut-Offs
(g/t) |
Tonnage
(Tonnes) |
Average Au Grade
(g/t) |
Au Content
(oz.) |
| Indicated |
0.1 |
2,751,402 |
0.772 |
68,291 |
| 0.2 |
2,049,741 |
0.987 |
65,044 |
| 0.3 |
1,613,422 |
1.186 |
61,521 |
| 0.4 |
1,294,878 |
1.393 |
57,992 |
| 0.5 |
994,964 |
1.678 |
53,677 |
| Inferred |
0.1 |
372,678 |
1.060 |
12,701 |
| 0.2 |
304,821 |
1.265 |
12,397 |
| 0.3 |
255,120 |
1.459 |
11,967 |
| 0.4 |
200,503 |
1.763 |
11,365 |
| 0.5 |
167,284 |
2.024 |
10,886 |
Notes:
- The effective date for the Mineral Resource is November 10, 2022.
- Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues.
- The CIM definitions were followed for classification of Mineral Resources. The quantity and grade of reported inferred Mineral Resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred Mineral Resources as an indicated Mineral Resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured Mineral Resource category.
- Mineral Resources are reported at a cut-off grade of 0.2 g/t Au, using a gold price of US$1,700/ounces and a US$/CAN$ exchange rate of 0.75.
Click here to read the Geological 43-101 Technical Report on the Klondike District Gold Property
