Issue link: http://resourceworld.uberflip.com/i/638235
f e b r u a r y / m a r c h 2 0 1 6 www.resourceworld.com 35 Why SilverCrest Metals? • SilverCrest Metals is led by an experienced management team, proven in making international exploration discoveries, financing, achieving construction on time and budget, and fast-tracking production. • Strong cash position. • Great exploration potential in historic mining districts. • Significant database from previous due diligence work for potential acquisitions. • Drilling has commenced on the Huasabas Project and is scheduled to start on the Las Chispas Project in Q1 2016. Why SilverCrest Metals? • SilverCrest Metals is led by an experienced management team, proven in making international exploration discoveries, financing, achieving construction on time and budget, and fast-tracking production. • Strong cash position. • Great exploration potential in historic mining districts. • Significant database from previous due diligence work for potential acquisitions. • Drilling has commenced on the Huasabas Project and is scheduled to start on the Las Chispas Project in Q1 2016. 570 Granville Street, Suite 501, Vancouver, BC V6C 3P1 Tel: 604-694-1730 | Fax: 604-694-1761 | Toll Free: 1-866-691-1730 (Canada & USA) Las Chispas Area (aerial view of the project location) Huasabas Project TSX.V: SIL | www.silvercrestmetals.com 570 Granville Street, Suite 501, Vancouver, BC V6C 3P1 Tel: 604-694-1730 | Fax: 604-694-1761 | Toll Free: 1-866-691-1730 (Canada & USA) C M Y CM MY CY CMY K SIL_Ad_4.875x4.7_1601_PRINT.pdf 1 16-01-12 1:31 PM Kahuna, PST and Notch – have been drilled and bulk sampled. The first series of samples from 0.82 tonnes from the PST returned 96 macrodiamonds totaling 5.34 carats for a sample grade of 6.50 carats/ tonne. The largest diamond recovered to date was a 5.43-carat stone from the Kahuna dike. The next step is to process material from the Notch kimberlite. saskaTcheWan Two advanced exploration projects are underway in Saskatchewan – Fort à la Corne, east of Prince Albert, and at Pikoo, east of La Ronge. At Fort à la Corne, shore Gold [SGF- TSX] has completed extensive surface drilling and underground sampling on their Star and Orion South kimberlites to define revised indicated resources totaling 28.2 million carats grading 15 cpht and 27.1 mil- lion carats grading 14 cpht, respectively. Updated diamond valuations of parcels show increases between 31% and 125%, giving new prices of between $116.00 and $333.00/carat. Most of the Fort à la Corne kimberlites occur within the claims of the Fort à la Corne Joint Venture (69% Shore Gold and 31% Newmont Canada FN Holdings ULC). Fort à la Corne is part of one the largest kimberlite fields in Canada and located in a region possessing com- plete infra-structure facilities in contrast to remote fly-in diamond fields in Arctic regions lacking infra-structures. North Arrow Minerals, 80%, and Stornoway Diamond, 20%, discovered the newest diamond field in Canada in north- central Saskatchewan about 140 km east of La Ronge – the Pikoo Project. A 2011 regional geochemical indicator sampling program identified multiple kimberlite targets. In 2013, seven kimberlite occur- rences have been drilled identified, four of which are diamondiferous. Kimberlite PK150 is the most significant discovery to date; about 10-15 metres wide, at least 150 metres in strike length, and traceable to 199 metres in depth. A total of 1,232 diamonds have been recovered from 531.1 kg of kimberlite drill core. Drilling of the known kimberlites plus new targets will be drilled in 2016. n