Resource World Magazine

Resource World - June-July 2019 - Vol 17 Issue 4

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J U N E / J U L Y 2 0 1 9 www.resourceworld.com 17 GOLDEN TRIANGLE RAMPING UP PRODUCTION TO 3,800 TONNES PER DAY of Pretium's Brucejack Mine. It is a past producer that operated 1981-1985 and produced 95,426 oz. of gold averaging 16.2 g/t. The mine has an existing underground 200 tonne/day mill, six portals, shafts, rail system, and 7 km of drifts. Historic reserves are only within immediate area of mine workings (60,000 oz. gold, non-NI-43-101 compliant) and the deposit remains open along strike and at depth.Scottie also owns a 100% interest in the Ruby Silver property 21 km north of Stewart. Seabridge Gold Inc. [SEA-TSX; SA-NYSE] holds a 100% interest in the advanced-stage KSM and Iskut properties near Stewart. Proven and probable min - eral reserves at KSM stand at 2,198 million tonnes, for 38.8 million oz. of gold, 10,155 million lbs. copper, 183 million oz. silver and 207 million lbs. molybdenum. Seabridge recently reported that indi - cated resources at the Iron Cap deposit, one of the four porphyry deposits at KSM, showed an increase of 0.46 million oz gold and 177 million lbs of copper. Inferred resources increased by 7.45 million oz gold. These Iron Cap resources are not included in the KSM figures above. At the Iskut Project, IP geophysical sur - veys and drilling have found evidence of a large sulfide-bearing intrusion – making for a prospective porphyry target. Shamrock Enterprises Inc. [SRS-CSE] holds the Portland Project 22 km north - east of Stewart and two additional separate claims, the American Creek and Kimball Lake claims, 37 km and 42 km northeast of Stewart. Skeena Resources Ltd. [SKE-TSXV; SKREF-OTC] is active on three projects in the Golden Triangle: the past-producing Snip Mine and the optioned Eskay Creek Mine. The company has also completed a Preliminary Economic Assessment on the GJ copper-gold porphyry project. At the Eskay Creek Mine, Skeena reported that pit constrained indicated resources include 2.46 million gold equiva - lent ounces within 12.7 million tonnes at an average AuEq of 6.0 g/t. The pit constrained inferred resource includes 1.23 million AuEq ounces within 13.6 million tonnes at an average AuEq grade of 2.8 g/t. In addi- tion, metallurgical optimizations as well as a Preliminary Economic Assessment, for the Eskay Creek are underway. Exploration and development activities for 2019 on the 100%-owned Snip gold project will focus on exploratory regional drill assessments and follow-up drill - ing in the newly discovered 200 Footwall structure. Spearmint Resources Inc. [SPMT-CSE; SPMTF-OTC; A2AHL5-FSE] has acquired the El North 3 claim package that results in a contiguous land package now total - ling 17,593 acres bordering Garibaldi Resources. Strikepoint Gold Inc. [SKP-TSXV] has acquired the Willoughby property about 30 km east of Stewart and 20 km north - east of its Porter property, from ArcWest Exploration. Willoughby historic drill results included 20.5 metres of 24.99 g/t

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