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Resource World - December-January 2018 - Vol 16 Issue 1

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62 www.resourceworld.com D E C E M B E R / J A N U A R Y 2 0 1 8 property. Comstock Metals Ltd. [CSL-TSXV; CMMMF-OTC] has been receiving excel- lent drill intercepts from its exploration program on its 100%-owned Preview SW gold project 40 km northeast of La Ronge. Partial results have been received from 1,094.5 metres drilled in seven holes. Highlights from the North Zone included 25 metres averaging 87.16 g/t gold starting at 41.15 metres that included 1.25 metres of 220.96 g/t gold. Another North Zone hole returned 7 metres averaging 5.08 g/t gold starting at 23.30 metres that included 4.20 metres of 17.40 g/t gold. Exploration can continue year-round at this road-accessible project. Meanwhile, metallurgical studies are under way and plans are being made for the next stage of exploration to look for more parallel veins and subparallel veins. Of note, there are seven known gold zones along a +3.5-km strike length 150 metres wide. Comstock also has the Patterson Lake NE project, a grassroots level uranium exploration project. Murchison Minerals Ltd. [MUR-CSE] announced on November 17 proceeds from an arranged a $3-million private placement consisting of 4.8 million units at 25 cents each will be used for exploration on its Brabant-McKenzie Zn-Cu-Ag deposit in Saskatchewan and working capital. November 20, Murchison announced the filing of a NI 43-101 technical report on the updated mineral resource esti- mate, announced on October 4, 2017, for the Brabant-McKenzie deposit, outlin- ing an indicated 1.5 million tonnes with a zinc equivalent grade of 10.09% and an inferred 4.5 million tonnes with a zinc equivalent grade of 7.99%. SSR Mining's [SSRM-TSX, NASDAQ] Seabee Gold operation comprises two underground gold mines 125 km north of La Ronge. SSR filed a technical report in October 2017 which included the results of a Preliminary Economic Assessment (PEA) evaluating an expansion of the Seabee Gold Operation. PEA highlights include extended production to 2024 with an average 100,000 oz gold produced from 2018 to 2023, (a 29% increase from 2016 production) with an estimated LOM cash cost of $548.00 per oz gold. Seabee produced a record 77,640 ounces of gold in 2016 and anticipates 2017 pro- duction of between 75,000 and 85,000 oz gold. SSR is exploring several near mine targets, and is exploring at the contigu- ous Fisher property, where SSR Mining holds an option. SSR also has the Amisk gold-silver project located on the Flin Flon greenstone belt in Saskatchewan. Shore Gold Inc. [SRF-SGF] is advanc- ing the Star-Orion South Diamond Project in central Saskatchewan with partner Rio Tinto. See article in Resource World Oct- Nov 2017 issue. North Arrow Minerals Inc. [NAR- TSXV] has been exploring its Pikoo diamond project 140 km east of La Ronge with partner Stornoway Diamond Corp. [SWY-TSX]. See article page 70. n Exploring and developing high-grade uranium and critical rare earth element deposits in Canada's Athabasca Basin area of northern Saskatchewan and the historic mining camp of Elliot Lake, Ontario. Appia Energy Corp. : Suite 500, 2 Toronto St., Toronto, ON M5C 2B6 Tel: 416-546-2707 Email: appia@appiaenergy.ca www.appiaenergy.ca CSE:API OTC:APAAF.US Frankfurt:A0I.F Munich:A0I.MU Berlin:A0I.BE A clean energy company SASKATCHEWAN

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