Resource World Magazine

Resource World - Oct/Nov 2013 - Volume 11

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43-101 compliant initial resource estimate for its Silver Crown gold/silver deposit on the Fairview gold property near Oliver, south-central BC. Inferred resources stand at 334,000 tonnes averaging 2.9 g/t gold and 17.9 g/t silver at a 1.0 g/t gold cut-off. Imperial Metals Corp. [III-TSX] has two operating mines as well as development and exploration projects in BC. The company operates the Mount Polley open pit, copper-gold mine in central BC and the Huckleberry open pit, coppermolybdenum mine in northern BC (50% interest). Under development is the Red Chris copper-gold project in northern BC that is expected to start production in 2014. Exploration projects include the Catface copper-moly project on Vancouver Island and the Ruddock Creek zinc-lead project 155 km northeast of Kamloops. PJX Resources Inc. [PJX-TSXV] is exploring the historical mining areas of Cranbrook and Kimberley, southeast BC. PJX has four gold properties in the Cranbrook area. Gold discoveries on the large Dewdney Trail property will be the primary focus of exploration for the company. Zones with gold mineralization will also be explored to develop targets on the Vine, Zinger and Eddy properties. Multiple target areas with gold and base metal potential on the Eddy property will be the first to be drill tested. New Gold Inc. [NGD-TSX, NYSE] met its targeted June 2012 production start at the underground New Afton gold-silvercopper mine near Kamloops and began commercial production ahead of schedule in July 2012. The company is also exploring its Blackwater Project 150 km southwest of Vanderhoof where indicated resources total 7.1 million oz gold with inferred resources of 2.5 million oz. Pretium Resources Inc. [PVG-TSX, NYSE] has released the Valley of the Kings mineral resource estimate for its 100%owned Brucejack Project in northwest BC. Located approximately 65 km north of Stewart, the project hosts probable mineral reserves of 6.6 million ounces of gold (15.1 million tonnes of 13.6 g/t gold). The June 2013 feasibility study estimates Brucejack will produce 7.1 million ounces of gold and november 2013 www.resourceworld.com 35

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