Wallbridge Mining Company Limited (TSX:WM,
OTCQX:WLBMF) (
“Wallbridge” or the
“Company”) is pleased to report that ongoing
drilling at the Company’s 100%-owned Fenelon gold project
(
“Fenelon” or the
“Project”) has
identified additional gold mineralized zones outside of the
Project’s current Mineral Resource Estimate
(
“MRE”). These results will be incorporated into
the MRE update and preliminary economic assessment
(“
PEA”) currently underway at Fenelon.
Attila Péntek, Wallbridge’s Vice President,
Exploration, commented:
“Earlier this year, we identified a very
favourable environment for gold deposition to the east-southeast of
the current Fenelon resource footprint, at vertical depths between
600 metres and 1,000 metres. The intersection, 7.80 g/t Au over
16.0 metres in hole FA-22-411, released today, shows the
continuation of high-grade Tabasco-style mineralization in this
area, adding to a number of significant intersections already
reported in our news release dated July 26, 2022, and underscoring
the potential for bulk underground mining zones at Fenelon.”
Highlight Assay Results
Tabasco-Cayenne Corridor (above 200 m vertical
depth) |
|
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|
|
FA-22-410 |
4.26 g/t Au over 5.50 metres, including |
|
|
|
|
15.43 g/t Au over 1.40 metres; |
|
|
|
|
|
Tabasco-Cayenne Corridor (below 200 m vertical
depth) |
|
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|
|
|
FA-22-411 |
7.80 g/t Au over 16.00 metres, including |
|
|
|
|
44.10 g/t Au over 2.25 metres; |
FAM-22-008 |
3.80 g/t Au over 11.20 metres; |
FA-22-445 |
11.07 g/t Au over 2.80 metres; |
|
|
|
|
|
Area 51,
Near Surface (above 200 m vertical depth) |
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|
|
FA-22-467 |
2.38 g/t Au over 16.05 metres, including |
|
|
|
|
6.95 g/t Au
over 3.40 metres, and |
|
|
|
|
3.95 g/t Au over 3.15
metres; |
FA-22-467 |
15.03 g/t Au over 1.50 metres; |
FA-22-436 |
1.23 g/t Au over 16.20 metres, including |
|
|
|
|
1.76 g/t Au over 9.80 metres; |
FA-22-436 |
0.66 g/t Au over 24.60 metres, including |
|
|
|
|
1.14 g/t Au over 11.40 metres; |
FA-22-440A |
1.38 g/t Au over 11.40 metres, including |
|
|
|
|
15.80 g/t Au over 0.60 metre; |
|
|
|
|
|
Area 51
(below 200 m vertical depth) |
|
|
|
|
|
FAM-22-008 |
2.66 g/t Au over 39.50 metres, including |
|
|
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|
22.97 g/t Au over 1.50 metres, and |
|
|
|
|
42.22 g/t Au over 0.50 metre; |
FA-22-429 |
65.70 g/t Au over 0.50 metre; |
FA-22-444 |
31.33 g/t Au over 1.00 metre; |
FA-22-444 |
3.01 g/t Au over 10.55 metres; |
FA-22-445 |
10.46 g/t Au over 1.60 metres, including |
|
|
|
|
31.55 g/t Au over 0.50 metre; |
FAM-22-008 |
1.84 g/t Au over 12.30 metres; |
|
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|
Ripley Zone |
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|
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FA-22-461 |
2.90 g/t Au over 10.50 metres, including |
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4.92 g/t Au over 3.00 metres, and |
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|
4.72 g/t Au over 3.00 metres; |
FA-22-505 |
2.48 g/t Au over 7.10 metres; |
|
|
The results from 25 drill holes from 2022, and
one hole drilled for geo-mechanical purposes in support of economic
studies (FAM- series) are reported in the Table and Figures below.
All figures and a table with drill hole information of recently
completed holes are posted on the Company’s website under “Current
Program” at
https://wallbridgemining.com/our-projects/fenelon-gold/.
Fenelon is located within Wallbridge's
910-square-kilometre land package on the Detour-Fenelon Gold Trend,
80 kilometres east of the Detour Lake gold mine.
Figure 1. Detour Fenelon Gold
Trend
Figure 2. Fenelon Gold, Plan
View
Figure 3. Fenelon Gold, Plan View, 825
metres Vertical Depth
Table 1. Wallbridge Fenelon Gold Property, Recent Drill
Assay Highlights (1) |
Drill Hole |
From |
To |
Length |
Au |
Au Cut(2) |
VG(3) |
Zone/Corridor |
|
(m) |
(m) |
(m) |
(g/t) |
(g/t) |
|
|
Above 200 m vertical depth |
FA-21-359 |
No Significant Mineralization (4) |
FA-22-410 |
262.00 |
267.50 |
5.50 |
4.26 |
4.26 |
|
Tabasco |
Including… |
264.10 |
265.50 |
1.40 |
15.43 |
15.43 |
|
Tabasco |
FA-22-410 |
288.90 |
290.50 |
1.60 |
3.65 |
3.65 |
|
Tabasco |
FA-22-429 |
224.00 |
225.00 |
1.00 |
12.02 |
12.02 |
|
Area 51 |
FA-22-433 |
No Significant Mineralization (4) |
FA-22-436 |
169.90 |
194.50 |
24.60 |
0.66 |
0.66 |
VG |
Area 51 |
Including… |
183.10 |
194.50 |
11.40 |
1.14 |
1.14 |
|
Area 51 |
FA-22-436 |
211.80 |
228.00 |
16.20 |
1.23 |
1.23 |
|
Area 51 |
Including… |
218.20 |
228.00 |
9.80 |
1.76 |
1.76 |
|
Area 51 |
FA-22-436 |
252.50 |
263.00 |
10.50 |
1.35 |
1.35 |
|
Area 51 |
Including… |
252.50 |
254.00 |
1.50 |
8.01 |
8.01 |
|
Area 51 |
FA-22-436 |
282.00 |
286.50 |
4.50 |
1.47 |
1.47 |
|
Area 51 |
FA-22-440A |
69.90 |
81.30 |
11.40 |
1.38 |
1.38 |
|
Area 51 |
Including… |
80.70 |
81.30 |
0.60 |
15.80 |
15.80 |
|
Area 51 |
FA-22-440A |
113.60 |
127.50 |
13.90 |
0.37 |
0.37 |
|
Contact Zone |
FA-22-444 |
211.00 |
221.50 |
10.50 |
0.48 |
0.48 |
|
Area 51 |
FA-22-445 |
228.00 |
229.50 |
1.50 |
4.06 |
4.06 |
|
Area 51 |
FA-22-449 |
No Significant Mineralization (4) |
FA-22-450-W1 |
No Significant Mineralization (4) |
FA-22-451 |
204.35 |
205.60 |
1.25 |
9.85 |
9.85 |
|
Tabasco |
FA-22-451 |
318.15 |
331.50 |
13.35 |
1.07 |
1.07 |
VG |
Tabasco |
Including… |
318.15 |
319.65 |
1.50 |
6.68 |
6.68 |
VG |
Tabasco |
FA-22-457 |
281.60 |
283.00 |
1.40 |
4.86 |
4.86 |
|
Area 51 |
FA-22-460 |
192.80 |
196.50 |
3.70 |
1.55 |
1.55 |
|
Area 51 |
FA-22-460 |
222.00 |
230.00 |
8.00 |
0.86 |
0.86 |
|
Area 51 |
FA-22-460 |
308.50 |
309.60 |
1.10 |
4.51 |
4.51 |
|
Area 51 |
FA-22-465 |
160.65 |
161.65 |
1.00 |
5.12 |
5.12 |
|
Area 51 |
FA-22-467 |
78.30 |
94.35 |
16.05 |
2.38 |
2.38 |
|
Area 51 |
Including… |
78.30 |
81.70 |
3.40 |
6.95 |
6.95 |
|
Area 51 |
And… |
88.90 |
92.05 |
3.15 |
3.95 |
3.95 |
|
Area 51 |
FA-22-467 |
127.00 |
128.50 |
1.50 |
15.03 |
15.03 |
|
Area 51 |
FA-22-467 |
180.00 |
181.50 |
1.50 |
6.38 |
6.38 |
|
Area 51 |
FA-22-467 |
199.00 |
206.50 |
7.50 |
1.64 |
1.64 |
|
Area 51 |
Including… |
199.00 |
201.00 |
2.00 |
4.43 |
4.43 |
|
Area 51 |
FA-22-467 |
229.20 |
230.40 |
1.20 |
6.28 |
6.28 |
|
Area 51 |
FA-22-470 |
No Significant Mineralization (4) |
FA-22-472 |
No Significant Mineralization (4) |
FA-22-489 |
No Significant Mineralization (4) |
Table 1. Wallbridge Fenelon Gold Property, Recent Drill
Assay Highlights (1) |
Drill Hole |
From |
To |
Length |
Au |
Au Cut(2) |
VG(3) |
Zone/Corridor |
|
(m) |
(m) |
(m) |
(g/t) |
(g/t) |
|
|
Below 200 m vertical depth |
FA-20-171-W2 |
733.00 |
734.50 |
1.50 |
5.48 |
5.48 |
|
Area 51 |
FA-22-411 |
1036.40 |
1041.80 |
5.40 |
1.55 |
1.55 |
|
Area 51 |
FA-22-411 |
1281.00 |
1297.00 |
16.00 |
7.80 |
7.80 |
VG |
Cayenne |
Including… |
1284.10 |
1286.35 |
2.25 |
44.10 |
44.10 |
VG |
Cayenne |
FA-22-420A |
894.50 |
896.00 |
1.50 |
5.46 |
5.46 |
|
Area 51 |
FA-22-429 |
671.60 |
676.00 |
4.40 |
1.84 |
1.84 |
|
Area 51 |
FA-22-429 |
868.50 |
869.00 |
0.50 |
65.70 |
65.70 |
|
Area 51 |
FA-22-429 |
880.50 |
883.50 |
3.00 |
1.77 |
1.77 |
|
Area 51 |
FA-22-429 |
948.50 |
952.15 |
3.65 |
1.93 |
1.93 |
|
Area 51 |
FA-22-444 |
862.00 |
863.00 |
1.00 |
31.33 |
31.33 |
|
Area 51 |
FA-22-444 |
1165.00 |
1169.00 |
4.00 |
3.68 |
3.68 |
|
Area 51 |
FA-22-444 |
1176.10 |
1186.65 |
10.55 |
3.01 |
3.01 |
|
Area 51 |
FA-22-444 |
1194.10 |
1194.60 |
0.50 |
10.63 |
10.63 |
VG |
Area 51 |
FA-22-444 |
1249.75 |
1251.25 |
1.50 |
9.25 |
9.25 |
|
Contact Zone |
FA-22-445 |
377.50 |
379.00 |
1.50 |
6.93 |
6.93 |
|
Area 51 |
FA-22-445 |
691.50 |
694.50 |
3.00 |
1.77 |
1.77 |
|
Area 51 |
FA-22-445 |
799.35 |
800.40 |
1.05 |
7.86 |
7.86 |
|
Area 51 |
FA-22-445 |
737.80 |
739.40 |
1.60 |
10.46 |
10.46 |
VG |
Area 51 |
Including… |
737.80 |
738.30 |
0.50 |
31.55 |
31.55 |
VG |
Area 51 |
FA-22-445 |
757.90 |
764.60 |
6.70 |
1.68 |
1.68 |
VG |
Area 51 |
FA-22-445 |
963.70 |
966.50 |
2.80 |
11.07 |
11.07 |
|
Tabasco |
FA-22-450-W2 |
746.60 |
755.00 |
8.40 |
1.62 |
1.62 |
|
Contact Zone |
FA-22-459 |
309.85 |
310.60 |
0.75 |
7.91 |
7.91 |
|
Area 51 |
FA-22-459 |
339.00 |
340.10 |
1.10 |
5.96 |
5.96 |
|
Area 51 |
FA-22-459 |
513.00 |
515.50 |
2.50 |
2.02 |
2.02 |
|
Contact Zone |
FA-22-459 |
572.50 |
575.50 |
3.00 |
3.05 |
3.05 |
|
Contact Zone |
FA-22-459 |
629.50 |
632.50 |
3.00 |
1.70 |
1.70 |
|
Contact Zone |
FA-22-459 |
638.30 |
641.50 |
3.20 |
1.84 |
1.84 |
|
Contact Zone |
FA-22-459 |
658.90 |
660.40 |
1.50 |
9.11 |
9.11 |
VG |
Tabasco |
FA-22-459 |
671.00 |
674.00 |
3.00 |
2.01 |
2.01 |
|
Tabasco |
FA-22-460 |
322.50 |
324.00 |
1.50 |
7.02 |
7.02 |
|
Area 51 |
FA-22-461 |
598.00 |
608.50 |
10.50 |
2.90 |
2.90 |
|
Ripley |
Including… |
598.00 |
601.00 |
3.00 |
4.92 |
4.92 |
|
Ripley |
And… |
605.50 |
608.50 |
3.00 |
4.72 |
4.72 |
|
Ripley |
FA-22-467 |
370.00 |
371.50 |
1.50 |
5.93 |
5.93 |
|
Area 51 |
FA-22-505 |
448.90 |
456.00 |
7.10 |
2.48 |
2.48 |
|
Ripley |
FAM-22-008 |
485.00 |
486.00 |
1.00 |
10.09 |
10.09 |
VG |
Area 51 |
FAM-22-008 |
493.00 |
496.30 |
3.30 |
2.94 |
2.94 |
|
Area 51 |
FAM-22-008 |
532.00 |
538.00 |
6.00 |
1.54 |
1.54 |
|
Area 51 |
FAM-22-008 |
563.50 |
566.00 |
2.50 |
2.95 |
2.95 |
|
Area 51 |
Table 1. Wallbridge Fenelon Gold Property, Recent Drill
Assay Highlights (1) |
Drill Hole |
From |
To |
Length |
Au |
Au Cut(2) |
VG(3) |
Zone/Corridor |
|
(m) |
(m) |
(m) |
(g/t) |
(g/t) |
|
|
Below 200 m vertical depth |
FAM-22-008 |
584.50 |
589.00 |
4.50 |
1.71 |
1.71 |
VG |
Area 51 |
FAM-22-008 |
600.50 |
606.26 |
5.76 |
2.17 |
2.17 |
|
Area 51 |
FAM-22-008 |
611.50 |
623.80 |
12.30 |
1.84 |
1.84 |
|
Area 51 |
FAM-22-008 |
634.25 |
639.00 |
4.75 |
1.76 |
1.76 |
VG |
Area 51 |
FAM-22-008 |
644.50 |
645.46 |
0.96 |
5.99 |
5.99 |
|
Area 51 |
FAM-22-008 |
679.00 |
680.50 |
1.50 |
5.57 |
5.57 |
|
Area 51 |
FAM-22-008 |
702.95 |
705.80 |
2.85 |
3.35 |
3.35 |
|
Area 51 |
FAM-22-008 |
723.50 |
763.00 |
39.50 |
2.66 |
2.66 |
VG |
Contact Zone |
Including… |
723.50 |
725.00 |
1.50 |
22.97 |
22.97 |
|
Contact Zone |
And… |
756.00 |
756.50 |
0.50 |
42.22 |
42.22 |
VG |
Contact Zone |
FAM-22-008 |
778.30 |
779.40 |
1.10 |
8.60 |
8.60 |
|
Tabasco |
FAM-22-008 |
790.00 |
801.20 |
11.20 |
3.80 |
3.80 |
|
Tabasco |
(1) Table
includes only assay results received since the press release dated
September 28th, 2022. |
(2) Au cut at: 110
g/t Au for the Tabasco/Contact/Cayenne zones; 75 g/t Au for the
Area 51 zones. |
(3) Intervals
containing visible gold ("VG"). |
(4) Metal factor
of at least 5 g/t*m and minimum weighted average composite grade of
0.35 g/t Au within the 2021 MRE open pit shell and 1.5 g/t Au for
outside open pit shell. |
Note:
True widths are estimated to be 50-80% of the reported core length
intervals. |
Assay QA/QC and Qualified
Persons
Drill core samples from the ongoing drill
program at Fenelon are cut and bagged either on-site or by
contractors and transported to SGS Canada Inc. or Bureau Veritas
Commodities Canada Ltd. for analysis. Samples, standards and blanks
are included for quality assurance and quality control, were
prepared and analyzed at the laboratories. Samples are crushed to
90% less than 2mm. A 1kg riffle split is pulverized to 85% passing
75 microns. 50g samples are analyzed by fire assay and AAS or ICP.
At SGS and Bureau Veritas, samples >10g/t Au are automatically
analyzed by fire assay with gravimetric finish or screen metallic
analysis. To test for coarse free gold and additional quality
assurance and quality control, Wallbridge requests screen metallic
analysis for samples containing visible gold. These and future
assay results may vary from time to time due to re-analysis for
quality assurance and quality control.
The Qualified Person responsible for the
technical content of this press release is Peter Lauder, P.Geo,
Exploration Manager of Wallbridge.
About Wallbridge Mining
Wallbridge is focused on creating value through
the exploration and sustainable development of gold projects along
the Detour-Fenelon Gold Trend while respecting the environment and
communities where it operates.
Wallbridge’s flagship project, Fenelon Gold
(“Fenelon”), is located on the highly-prospective
Detour-Fenelon Gold Trend Property (“Detour-Fenelon Gold
Trend Property”) in Quebec’s Northern Abitibi region. A
mineral resource estimate completed in 2021 validated the
multi-million-ounce potential of the 100%-owned Fenelon and
Martiniere properties, incorporating a combined 2.67 million
ounces of indicated gold resources and 1.72 million ounces of
inferred gold resources. Fenelon and Martiniere, located within a
910 km2 exploration land package controlled by
Wallbridge, have the potential to be developed into mines and are
close to existing power and transportation infrastructure.
Wallbridge also holds a portfolio of nickel
assets (“Nickel Assets”) in Ontario and Quebec. In
line with its strategy to unlock the value of its Nickel Assets for
shareholders, Wallbridge announced on July 13, 2022, that it has
entered into a definitive agreement with Archer Exploration Corp.
(“Archer”), pursuant to which, Archer will acquire
all of Wallbridge’s property, assets, rights and obligations
related to its Nickel Assets, including Grasset, to create a
focused and well-funded publicly traded nickel exploration and
development company.
Wallbridge will continue to focus on its core
Detour-Fenelon Gold Trend Property while enabling shareholders to
participate in the potential economic upside in Archer.
Wallbridge Mining Company
Limited
Marz Kord, P. Eng., M. Sc., MBA
President & CEOTel: (705) 682‒9297 ext. 251Email:
mkord@wallbridgemining.com
Victoria Vargas, B.Sc. (Hon.) Economics,
MBAInvestor Relations AdvisorEmail:
vvargas@wallbridgemining.com
Cautionary Note Regarding
Forward-Looking Information
This press release contains forward-looking
statements or information (collectively, “FLI”)
within the meaning of applicable Canadian securities legislation.
FLI is based on expectations, estimates, projections, and
interpretations as at the date of this press release.
All statements, other than statements of
historical fact, included herein are FLI that involve various
risks, assumptions, estimates and uncertainties. Generally, FLI can
be identified by the use of statements that include words such as
“seeks”, “believes”, “anticipates”, “plans”, “continues”, “budget”,
“scheduled”, “estimates”, “expects”, “forecasts”, “intends”,
“projects”, “predicts”, “proposes”, "potential", “targets” and
variations of such words and phrases, or by statements that certain
actions, events or results “may”, “will”, “could”, “would”,
“should” or “might”, “be taken”, “occur” or “be achieved.”
FLI herein includes, but is not limited to,
statements regarding the Agreement, Transaction, Distribution (as
previously defined) and the timing and terms of financing
activities to be carried out by Archer as previously announced (the
“Financing”), and the intentions of Wallbridge and
Archer upon completion of the transaction, future drill results;
the Company’s ability to convert inferred resources into measured
and indicated resources; environmental matters; stakeholder
engagement and relationships; parameters and methods used to
estimate the mineral resource estimates (each an
“MRE”) at the Fenelon and Martiniere properties
(collectively the “Deposits”); the prospects, if
any, of the Deposits; future drilling at the Deposits; and the
significance of historic exploration activities and results..
FLI is designed to help you understand
management’s current views of its near- and longer-term prospects,
and it may not be appropriate for other purposes. FLI by their
nature are based on assumptions and involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance, or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such FLI. Although the FLI
contained in this press release is based upon what management
believes, or believed at the time, to be reasonable assumptions,
the Company cannot assure shareholders and prospective purchasers
of securities of the Company that actual results will be consistent
with such FLI, as there may be other factors that cause results not
to be as anticipated, estimated or intended, and neither the
Company nor any other person assumes responsibility for the
accuracy and completeness of any such FLI. Except as required by
law, the Company does not undertake, and assumes no obligation, to
update or revise any such FLI contained herein to reflect new
events or circumstances, except as may be required by law. Unless
otherwise noted, this press release has been prepared based on
information available as of the date of this press release.
Accordingly, you should not place undue reliance on the FLI or
information contained herein.
Furthermore, should one or more of the risks,
uncertainties or other factors materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those described in FLI.
Assumptions upon which FLI is based, without
limitation, include the ability of the Company and Archer to obtain
required approvals and satisfy the closing conditions under the
definitive agreement (including completion of the Financing by
Archer), the results of exploration activities, the Company’s
financial position and general economic conditions, the ability of
exploration activities to accurately predict mineralization; the
accuracy of geological modelling; the ability of the Company to
complete further exploration activities; the legitimacy of title
and property interests in the Deposits; the accuracy of key
assumptions, parameters or methods used to estimate the MREs; the
ability of the Company to obtain required approvals; the evolution
of the global economic climate; metal prices; environmental
expectations; community and non-governmental actions; any impacts
of COVID-19 on the Deposits; and, the Company’s ability to secure
required funding. Risks and uncertainties about Wallbridge's
business are more fully discussed in the disclosure materials filed
with the securities regulatory authorities in Canada, which are
available at www.sedar.com.
Information Concerning Estimates of
Mineral Resources
The disclosure in this press release and
referred to herein was prepared in accordance with NI 43-101 which
differs significantly from the requirements of the U.S. Securities
and Exchange Commission (the "SEC"). The terms
"measured mineral resource", "indicated mineral resource" and
"inferred mineral resource" used in this press release are in
reference to the mining terms defined in the Canadian Institute of
Mining, Metallurgy and Petroleum Standards (the "CIM
Definition Standards"), which definitions have been
adopted by NI 43-101. Accordingly, information contained in this
press release providing descriptions of our mineral deposits in
accordance with NI 43-101 may not be comparable to similar
information made public by other U.S. companies subject to the
United States federal securities laws and the rules and regulations
thereunder.
Investors are cautioned not to assume that any
part or all of mineral resources will ever be converted into
reserves. Pursuant to CIM Definition Standards, "inferred mineral
resources" are that part of a mineral resource for which quantity
and grade or quality are estimated on the basis of limited
geological evidence and sampling. Such geological evidence is
sufficient to imply but not verify geological and grade or quality
continuity. An inferred mineral resource has a lower level of
confidence than that applying to an indicated mineral resource and
must not be converted to a mineral reserve. However, it is
reasonably expected that the majority of inferred mineral resources
could be upgraded to indicated mineral resources with continued
exploration. Under Canadian rules, estimates of inferred mineral
resources may not form the basis of feasibility or pre-feasibility
studies, except in rare cases. Investors are cautioned not to
assume that all or any part of an inferred mineral resource is
economically or legally mineable. Disclosure of "contained ounces"
in a resource is permitted disclosure under Canadian regulations;
however, the SEC normally only permits issuers to report
mineralization that does not constitute "reserves" by SEC standards
as in place tonnage and grade without reference to unit
measures.
Canadian standards, including the CIM Definition
Standards and NI 43-101, differ significantly from standards in the
SEC Industry Guide 7. Effective February 25, 2019, the SEC adopted
new mining disclosure rules under subpart 1300 of Regulation S-K of
the United States Securities Act of 1933, as amended (the
"SEC Modernization Rules"), with compliance
required for the first fiscal year beginning on or after January 1,
2021. The SEC Modernization Rules replace the historical property
disclosure requirements included in SEC Industry Guide 7. As a
result of the adoption of the SEC Modernization Rules, the SEC now
recognizes estimates of "measured mineral resources", "indicated
mineral resources" and "inferred mineral resources". Information
regarding mineral resources contained or referenced in this press
release may not be comparable to similar information made public by
companies that report according to U.S. standards. While the SEC
Modernization Rules are purported to be "substantially similar" to
the CIM Definition Standards, readers are cautioned that there are
differences between the SEC Modernization Rules and the CIM
Definitions Standards. Accordingly, there is no assurance any
mineral resources that the Company may report as "measured mineral
resources", "indicated mineral resources" and "inferred mineral
resources" under NI 43-101 would be the same had the Company
prepared the resource estimates under the standards adopted under
the SEC Modernization Rules.
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