Resource Estimate

The 2011 exploration drill program totaled 30,647 feet (9,341 meters) of drilling and included the discovery of the Atlanta Gold Porphyry.

The 2011 drill program achieved several key objectives including the following:

  • Confirmation drilling of historic drill holes
  • Expansion of the Atlanta Fault Breccia Resource
  • Discovery of the Atlanta Gold Porphyry
    (Click here for complete 2011 drill program details and assay results)

Current Mineral Resource Estimate

Gustavson Associates LLC has compiled a resource estimate based on 34,919 feet of drilling in 21 core holes and 22 reverse circulation holes conducted by the Company in 2011 and 2012 as well as historical drill data.  The historical data is supported by several twinned core holes drilled by the Company in 2011.

Below is a table summarizing the Atlanta resource using a 0.015 opt Au cut-off.

Gustavson Associates, LLC is a mining consulting firm based in Colorado with over 30 years of international experience. Dr. Claiborne Newton, III, C.P.G, a Qualified Person as defined by National Instrument 43-101 and independent consultant to the Company, supervised the preparation of the mineral resource estimate.

43-101 Technical Report – March 2013 <- click to download