West Kirkland Files Hasbrouck and Three Hills Technical Report on SEDAR
2014年2月25日 - 10:41AM
Marketwired
West Kirkland Files Hasbrouck and Three Hills Technical Report on
SEDAR
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 24, 2014) - West
Kirkland Mining Inc. (TSX-VENTURE:WKM) ("West Kirkland" or the
"Company") has filed on SEDAR a National Instrument 43-101
Standards of Disclosure for Mineral Projects ("NI 43-101")
compliant technical report on the Hasbrouck and Three Hills
properties, Nevada (the "Report"). The Report was filed on SEDAR
February 24, 2014 following the Company's news release also on
February 24, 2014 announcing a new mineral resource estimate on the
Project, which includes both the Hasbrouck and Three Hills
deposits.
The Report, titled "Technical Report for the Hasbrouck Project,
Esmeralda County, Nevada, USA", is dated effective February 21,
2014. It was prepared in conformance with NI 43-101 by Mr. Scott E.
Wilson, AIPG Certified Professional Geologist, who is WKM's
Independent Qualified Person as defined under NI 43-101. He has
supervised the preparation of the information that forms the basis
of the written disclosure in the news release dated February 24,
2014.
Hasbrouck and
Three Hills Deposits Resource Statement (February 21, 2014)
HASBROUCK (0.005 opt AuEq Cutoff) |
Category |
Tons |
Gold |
Silver |
AuEq |
Gold |
Silver |
AuEq |
|
(000 tons) |
opt |
opt |
opt |
(000 oz) |
(000 oz) |
(000 oz) |
|
Measured |
14,686 |
0.014 |
0.307 |
0.019 |
206 |
4,509 |
285 |
|
Indicated |
55,002 |
0.011 |
0.248 |
0.015 |
605 |
13,640 |
844 |
Measured & Indicated |
69,688 |
0.012 |
0.260 |
0.016 |
811 |
18,149 |
1,128 |
|
|
|
|
|
|
|
|
Inferred |
58,921 |
0.007 |
0.189 |
0.010 |
412 |
11,136 |
607 |
AuEq calculated AuEq = Au + (Ag/57.14) |
|
|
|
|
|
|
|
|
THREE HILLS (0.005 opt Au Cutoff) |
Category |
Tons |
Gold |
Silver |
AuEq |
Gold |
Silver |
AuEq |
|
(000 tons) |
opt |
opt |
opt |
(000 oz) |
(000 oz) |
(000 oz) |
|
Measured |
1,091 |
0.023 |
N/A |
N/A |
25 |
0 |
25 |
|
Indicated |
7,413 |
0.017 |
N/A |
N/A |
126 |
0 |
126 |
Measured & Indicated |
8,504 |
0.018 |
N/A |
N/A |
151 |
0 |
151 |
|
|
|
|
|
|
|
|
Inferred |
11,002 |
0.014 |
|
|
154 |
|
154 |
AuEq calculated AuEq = Au + (Ag/57.14) |
|
|
|
|
|
|
|
|
HASBROUCK & THREE HILLS (0.005 opt AuEq
Cutoff) |
Category |
Tons |
Gold |
Silver |
AuEq |
Gold |
Silver |
AuEq |
|
(000 tons) |
opt |
opt |
opt |
(000 oz) |
(000 oz) |
(000 oz) |
|
Measured |
15,777 |
0.015 |
0.286 |
0.020 |
231 |
4,509 |
310 |
|
Indicated |
62,415 |
0.012 |
0.219 |
0.016 |
731 |
13,640 |
970 |
Measured & Indicated |
78,192 |
0.012 |
0.232 |
0.016 |
962 |
18,149 |
1,279 |
|
|
|
|
|
|
|
|
Inferred |
69,923 |
0.008 |
0.159 |
0.011 |
566 |
11,136 |
761 |
AuEq calculated AuEq = Au + (Ag/57.14) |
Notes:
- CIM definitions are followed for classification of Mineral
Resources.
- Mineral Resources are estimated using a gold price of US$1,200
per ounce and a silver price of US$21 per ounce.
- Totals may not represent the sum of the parts due to
rounding.
- The Mineral Resources have been prepared by Scott E. Wilson in
conformity with CIM "Estimation of Mineral Resource and Mineral
Reserves Best Practices" guidelines and are reported in accordance
with the Canadian Securities Administrators NI 43-101. Mineral
resources are not mineral reserves and do not have demonstrated
economic viability. There is no certainty that all or any part of
the mineral resource will be converted into mineral reserve.
The technical report is consistent in all material respects with
the Mineral Resource announced in the February 24, 2014 news
release. A copy of the report can be found at www.sedar.com and on
the Company's website.
Reconciliation to the Previous Mineral Resource Estimate
Announced January 27, 2014
The mineral resource estimate disclosed above considers data not
considered at the time of the original mineral resource estimate
announced by the Company on January 27, 2014. Specifically, at
Three Hills an additional 25 holes were used in the mineral
resource calculation. Mr. Wilson also completed an analysis of the
Hasbrouck database resulting in an updated mineral resource
estimate for the Hasbrouck Deposit. At Three Hills the new estimate
contains 8,504,000 measured and indicated tons grading 0.018 opt Au
with 11,002,000 inferred tons grading 0.014 opt Au using a 0.005
opt Au cutoff. The previously announced estimate contained an
indicated 5,736,000 tons 0.023 opt Au and 10,600 inferred tons
grading 0.015 opt Au using a 0.01 opt Au cutoff. At Hasbrouck the
updated resource contains 69,688,000 measured and indicated tons
grading 0.012 opt Au and 0.260 opt Ag with 58,921,000 inferred tons
grading 0.007 opt Au and 0.189 opt Ag using a 0.005 opt AuEq
cutoff. The previously announced estimate contained 128,608,000
inferred tons grading 0.009 opt Au and 0.228 opt Ag using a 0.005
opt AuEq cutoff. Both estimates used the same formula for
calculating AuEq, AuEq = Au + (Ag/57.14) The February 21, 2014
resource estimate supersedes all previous estimates.
The Mineral Resources have been prepared by Scott E. Wilson in
conformity with generally accepted CIM "Estimation of Mineral
Resource and Mineral Reserves Best Practices" guidelines and are
reported in accordance with the Canadian Securities Administrators
NI 43-101. Mineral resources are not mineral reserves and do not
have demonstrated economic viability. There is no certainty that
all or any part of the mineral resource estimate will be converted
into mineral reserves.
Qualified Persons
Mr. Scott E. Wilson, AIPG Certified Professional Geologist, is
WKM's Independent Qualified Person as defined under NI 43-101. He
has recently visited the Properties and has read and approved the
technical information in this news release. Mr. Wilson has reviewed
and verified the data disclosed in this news release to be in
conformity with generally accepted CIM "Estimation of Mineral
Resource and Mineral Reserves Best Practices" guidelines and in
accordance with NI 43-101.
Michael G. Allen, Vice President of Exploration for WKM, and a
Qualified Person as defined by NI 43-101, has reviewed the
information contained in this news release. He is the
non-independent qualified person for this new release and has
verified the data.
About West Kirkland Mining
WKM was formed in 2010 to focus on gold exploration along major
trends in North America. The Company has consolidated significant
mineral rights positions within the Long Canyon Trend of
Nevada/Utah. The founders and Board members of WKM have successful
experience in gold discovery, mine development and mine operations
in Nevada and other gold producing jurisdictions in North
America.
For further information, please see the Company's website at
www.wkmining.com.
Disclaimer for Forward-Looking Information
This press release contains forward-looking information or
forward-looking statements (collectively "forward-looking
information") within the meaning of applicable securities laws.
Such information includes, without limitation, information
regarding proposed exploration activities. Although the Company
believes that such information is reasonable, it can give no
assurance that such expectations will prove to be correct.
Forward-looking information is typically identified by words such
as: believe, expect, anticipate, intend, estimate, postulate and
similar expressions, or are those, which, by their nature, refer to
future events. The Company cautions investors that any
forward-looking information provided by the Company is not a
guarantee of future results or performance, and that actual results
may differ materially from those in forward-looking information as
a result of various factors, including, but not limited to, the
state of the financial markets for the Company's equity securities,
the state of the market for gold or other minerals that may be
produced generally, recent market volatility; variations in the
nature, quality and quantity of any mineral deposits that may be
located, the Company's ability to obtain any necessary permits,
consents or authorizations required for its activities, to raise
the necessary capital or to be fully able to implement its business
strategies and other risks associated with the exploration and
development of mineral properties. The reader is referred to the
Company's public filings for a more complete discussion of such
risk factors and their potential effects which may be accessed
through the Company's profile on SEDAR at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
West Kirkland Mining Inc.R. Michael Jones(604) 685-8311West
Kirkland Mining Inc.Michael Allen(604) 685-8311West Kirkland Mining
Inc.Knox Henderson(604) 685-8311(604)
484-4710info@wkmining.comwww.wkmining.com
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