Issue link: http://resourceworld.uberflip.com/i/198816
31.6 million ounces of silver over a 22-year mine life for a pre-tax (5% discount rate) Net Present Value of US $2.7 billion. Estimated capital cost is US $663.5 million with commercial production targeted for 2016. Prosper Gold Corp. [PGX-TSXV] reported results from the first three drill holes of a six-hole, 2,339.74-metre drill program completed on the Sheslay porphyry copper-gold project located in northwest BC. Drill results included 0.37% copper and 0.24 g/t gold over 312.16 metres, including 0.66% copper and 0.55 g/t gold over 77.12 metres as well as 0.42% copper and 0.20 g/t gold over 269 metres. Romios Gold Resources Inc. [RG-TSXV] has completed a helicopter-borne ZTEM electromagnetic survey over its Newmont Lake Project area, located within the Golden Triangle mineral district of northwest BC. The company also completed an exploration program on its projects in the Golden Triangle. Romios retained Ethos Geological to perform prospecting, sampling and mapping over several new regions holding a strong potential for copper, gold and silver mineralization located within the Trek and Newmont Lake Project areas. Seabridge Gold Inc. [SEA-TSX] reported that its recent drilling has found an exceptional bornite-rich zone within the higher grade Deep Kerr core zone on its 100%-owned KSM Project in northwest BC. Proven and probable reserves stand at 2,164 million tonnes hosting 38.2 million oz gold, 9,888 million lbs copper, 191 million oz silver and 213 million lbs moly. Sego Resources Inc. [SGZ-TSXV] has been exploring its Miner Mountain Project, a copper-gold porphyry prospect near Princeton, southwest BC, 15 km north of the producing Copper Mountain Mine. Drill results include 100.39 metres grading 0.964% copper, 0.55 g/t gold and 3.473 g/t silver in DDH 21, including 35.05 metres of 2.457% copper, 1.35 g/t gold and 8.896 g/t silver. Serengeti Resources Inc. [SIR-TSXV] is focused on exploration for copper and gold deposits in the Quesnel Trough of central BC. The company has 15 100%owned properties totaling 87,000 hectares 36 www.resourceworld.com and 12 properties in the Quest joint venture (64%) totaling 41,000 hectares with Fjordland Exploration Inc. [FEX-TSXV] (36%). Serengeti has received encouraging assays from its Rottacker property, adjacent to its Kwanika claims. Rock sampling returned 6.6% copper, 141 g/t silver, 1.0 g/t gold. On the Fleet property 50 km south of the Kemess Mine, float samples returned 1.4% copper and 0.27 g/t gold. Silver Mountain Mines Inc. [SMMTSXV] reported results of the remaining 32 drill holes completed as part of the 2012 diamond drill program on its 100%owned Ptarmigan property near Radium, eastern BC. Drilling intersected additional high-grade, silver-bearing-veins and semi-massive-to-massive pyrite-enriched manto-style mineralization. The most significant mineralized zones were in the Ptarmigan Mine area and a mineralized fault structure in the East Ptarmigan area. Highlights from the Ptarmigan Mine area include 1,576 g/t silver and 0.74 g/t gold over 0.60 metre in PT 12-72; 433 g/t silver and 0.54 g/t gold over 1.40 metres, including 666 g/t silver and 0.79 g/t gold over 0.90 metres in PT12-74. Other holes reported good assays. Sona Resources Corp. [SYS-TSXV] has been advancing the Blackdome-Elizabeth Gold Project in the Clinton and Lillooet Mining Districts, about 220 km north of Vancouver. Sona recently received a conditional Special Use Permit for the construction of ~5 km of road, which will connect the past-producing Blackdome Gold Mine and the Elizabeth gold deposit property by existing forest service roads to facilitate the transportation of ore from Elizabeth to the processing mill at Blackdome. Sona has also been granted an effluent discharge permit Spanish Mountain Gold Ltd. [SPATSXV; S3Y-Frankfurt] has completed a positive preliminary economic assessment (PEA) (NI 43-101 compliant) for the 100%owned Spanish Mountain gold project, central BC. Results of the PEA demonstrate the potential technical and economic viability of establishing a new gold mine and mill complex on the project. Proposed project highlights include a 15-year mine life producing an average of 197,000 oz/ year of gold for the first 14 years and a total life-of-mine production of 2.8 million oz gold and 1 million oz silver. Average gold production over years one through three would be 268,000 oz/year. Taseko Mines Ltd. [TKO-TSX; TGBNYSE MKT] is the 75% owner and operator of the Gibraltar Mine 65 km north of Williams Lake, the second largest open pit copper-molybdenum mine in Canada. A Japanese consortium owns the remaining 25%. Taseko also owns the New Prosperity Project, currently in the Environmental Assessment process, one of the largest undeveloped gold-copper deposits in the world. In addition, the Aley niobium project in northern BC and the Harmony gold project in Haida Gwaii are two longer term development opportunities. Teck Resources Ltd. [TCK.B-TSX; TCK-NYSE] has a 97.5% interest in the Highland Valley Copper Mine near Logan Lake, south central BC. The open pit operation produces copper and molybdenum concentrates. A new life-of-mine plan has recently been developed extending the mine life to 2025, assuming additional permit amendments. Teck and 50/50 partner NovaGold Resources Inc. [NG-TSX] have been evaluating the Galore Creek Project 150 km north-west of Stewart. Teck operates a number of coal mines: five mines in BC and one in Alberta. Teck wholly owns the Coal Mountain, Cardinal River (AB), Fording River and Line Creek mines, and has a 95% partnership interest in the Elkview Mine and an 80% joint venture interest in the Greenhills Mine. Thompson Creek Metals Company Inc. [TCM-TSX; TC-NYSE; A6R-Frankfurt] is now producing copper-gold concentrate at its Mt. Milligan Mine in northern BC. Transportation and sale of the concentrate is expected to start in Q4 2013. Copper reserves are 2.1 billion lbs with gold reserves of 6 million oz. The company also has a 75% interest in the open pit molybdenum Endako Mine, 188 miles west of Prince George. Thompson Creek also owns two explorationstage prospects in BC; the Berg property, a november 2013