Issue link: http://resourceworld.uberflip.com/i/937377
F E B R U A R Y / M A R C H 2 0 1 8 www.resourceworld.com 31 deposit, located 7 km north of Pinion, hosts 90,100 ounces gold in the indicated resource category and 805,800 ounces in the inferred category using a cut-off grade of 0.14 g/t gold. Gold Standard CEO, Jonathan Awde, recently said drilling results at the Dark Star deposit continue to show that the deposit is taking shape as a poten- tially exceptional opportunity. In early December 2017, the company was still proceeding with five rigs working on Dark Star and several exploration targets throughout the Railroad Project. Klondex Mines Ltd. [KDX-TSX; KLDX- NYSE AMERICAN] has a 100% interest in the producing 1,200 ton-per-day Midas gold-silver mine 58 miles northeast of Winnemucca. One hundred miles to the south, Klondex has provided an initial open-pit mineral resource estimate for its Fire Creek Mine Project which incorporates results from the 2017 open-pit surface and underground exploration drill programs. This resource estimate is in addition to the company's previously announced under- ground mineral resources. Klondex plans to provide a complete mineral reserve and resource update, for all sites, during the first quarter of 2018. Fire Creek open-pit mineral resource highlights include total indicated resources of 42.9 million tons grading 0.026 gold equivalent oz/ton (0.88 gold Eq g/t) for a total of 1.1 million gold Eq ounces. Total inferred resources are 31.7 million tons grading 0.035 gold Eq oz/ ton (1.19 gold Eq g/t) for a total of 1.1 mil- lion gold Eq ounces. This initial resource estimate excludes all underground mineral resources reported at Fire Creek; however, there is potential to mine relatively higher- grade underground resources, outside the underground mine plan, from surface. The open-pit mineralization is open to the north, south and west. Klondex also owns the past-produc- ing Hollister Mine 80 miles north of Winnemucca where they are preparing an underground resource estimate. McEwen Mining Inc. [MUX-TSX, NYSE], which has utilized Nevada Exploration's groundwater explora- tion technology, was recently given the green light to commence development of its Gold Bar Project. The United States Environmental Protection Agency pub- lished a signed decision representing a final step in the permitting process for the proj- ect which covers 5,264 acres and is located about 30 miles northwest of Eureka. Gold Bar hosts a measured and indi- cated resource of 22.1 million tonnes, grading 0.028 oz/ton, or 611,000 ounces, as well 4.6 million tonnes, grading 0.024 g/t gold, or 110,000 ounces, in the inferred category. That material is expected to sup- port a conventional open pit mine and oxide heap leach recovery circuit, produc- ing 65,000 ounces of gold annually over a lifespan of five years. The initial capital cost is estimated at $60.5 million. CEO, Robert McEwen, has said the company hopes to NEVADA