Resource World Magazine

10 www.resourceworld.com D E C E M B E R / J A N U A R Y 2 0 1 7 MCKINNON-HAWKINS GOLD PROJECT – FINDING THE NEXT HEMLO • Includes the McKinnon Property, staked by Don McKinnon Sr. of Hemlo fame, with a current, recent (May 2016) 43-101 compliant Inferred Resource, based on an open pit application, estimate of 4,957,000 tonnes at a grade of 1.50 g/t Au for a total of 239,100 ounces of gold • Current team includes Don Mckinnon Jr., Robert Weicker, a past chief geologist at Hemlo (Williams Mine) and Mr. Victor Bradley – currently director of Osisko Gold Royalties Ltd., past Chairman of Osisko Mining and Founder of Yamana Gold Inc. • Excellent potential to grow the resource • Fully permitted drill targets • Geologic model, "Hemlo-type" deposits. Hemlo camp (+ 20 million ounces, three mines) located 150 kms WSW. SSS–TSXV CONTACT INFORMATION: Mike England, CEO, 604-683-3995, email: mike@engcom.ca www.sunvestminerals.com EVENING STAR PROJECT – NEVADA PAST PRODUCER OF GOLD AND COPPER • Property covers former historic gold and copper producer, with limited drilling • Replacement style gold mineralization in carbonates is the principal target • A historic drill hole returned strong lead, zinc and silver numbers over significant width; not assayed for gold ated risk [with that country]," he said. Rule also viewed Ivanhoe's advances at its Platreef PGM-copper-nickel project in South Africa as noteworthy. He then highlighted the work of Mariana Resources Ltd. [MARL-TSXV; MARL-AIM] and its joint venture part- ner Lidya Madencilik. They have been developing the Hot Maden gold-project in north-eastern Turkey and, effective June 2016, its Main Deposit comprised an indi- cated resource of 2.79 million oz gold and 166,000 tonnes copper. Rule also noted Azure Minerals Ltd. [AZS-ASX], which is advancing the Alacrán silver-gold-copper project in Mexico, and Orex Minerals Inc. [REX-TSXV], which has an option to earn up to 65% in the Sandra Escobar silver-gold project – also in Mexico – from Canasil Resources Inc. [CLZ-TSXV]. Orex announced new results from a drill campaign at the project's Main Zone on October 19, with highlights including hole SA-16-057 that intersected 108 g/t silver from 62-103 metres. In addition, Kaiser highlighted Arizona Mining Inc. [AZ-TSX], which is advanc- ing the zinc-lead-silver Taylor deposit on its Hermosa Project in Santa Cruz County, Arizona, close to the Mexican border. The company announced a new resource for the deposit on October 31. At a 4% zinc cut-off grade, it comprises 31.1 mil- lion tons indicated, grading 10.9% zinc equivalent (ZnEq), and 82.7 million tons inferred, grading 11.1% ZnEq. He continued to track the efforts of Scandium International Mining Corp. [SCY-TSX], which is advancing the Nyngan flagship project in New South Wales (NSW). "It's not a new project, but they've completed a definitive feasibility study and believe they'll have a mining permit before year-end," he said. In addition, there was the work of Clean TeQ Holdings Ltd. [CLQ-ASX] at its Syerston project, also in NSW. "Both of these projects [Nyngan and Syerston] have reached the point where they'll prob- ably have construction financing within 12 months and then they'll be changing the future of aluminium alloys," he added. Scandium alloyed with aluminium adds strength without affecting weight, something with obvious appeal for the aerospace and auto making sectors. "These industries would incorporate scandium- aluminium alloy in a heartbeat if they had a reliable supply of scalable scan- dium. However, they can't do that until it becomes a demonstrable reality," Kaiser said. Overall, hundreds of companies con- tinue to press ahead, creating value and developing projects for all the right rea- sons. Investors also need to recall that it will take time before the broad, sunlit uplands of a bull market are reached. Until then, there are plenty of choices avail- able in a sector that remains undersold; with the right kind of eyes, the potential rewards could be immense. n

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