{"id":1158277,"date":"2020-01-06T08:20:57","date_gmt":"2020-01-06T14:20:57","guid":{"rendered":"https:\/\/www.mining.com\/?p=1010492"},"modified":"2020-01-06T08:20:57","modified_gmt":"2020-01-06T14:20:57","slug":"margaux-files-ni-43-101-to-support-cassiar-gold-project-resource","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1158277","title":{"rendered":"Margaux files NI 43-101 to support Cassiar gold project resource"},"content":{"rendered":"<p>Margaux Resources (TSXV: MRL) announced that it recently filed a National Instrument 43-101 Technical Report to support its maiden mineral resource estimate for the Taurus deposit on the <a rel=\"noreferrer noopener\" aria-label=\"Cassiar gold property (opens in a new tab)\" href=\"https:\/\/www.mining.com\/margaux-executes-definitive-agreement-acquire-cassiar-gold-project-bc\/\" >Cassiar gold property<\/a> in British Columbia, Canada.\u00a0<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>\u201cThe Margaux technical team continues to compile and verify historical technical data in preparation for the upcoming exploration season,\u201d the Canadian company said in a press release. \u201cExisting digital data is being vetted and transferred, while additional data from historical work on the property is being incorporated.\u201d<\/p>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p>Mineralization at Cassiar occurs along a 15-kilometre corridor, where gold occurs both as discrete high-grade veins and as near-surface low-grade style mineralization<\/p>\n<\/blockquote>\n<\/figure>\n<p>According to Margaux, in addition to technical work, its team is advancing reporting, permitting, and logistical planning to support the 2020 exploration program, which will include drilling, and is expected to begin in May.&nbsp;<\/p>\n<p>The miner said the program will focus on quality infill, extension, and exploration targets, primarily near the 1 MM oz Taurus resource area, reported on back in September 2019.<\/p>\n<p>\u201cWith a history of gold mining on high-grade vein deposits across the property, and a recently-confirmed million-ounce bulk tonnage resource at surface, we see a lot of upside at Cassiar,\u201d Tyler Rice, Margaux\u2019s president and CEO, said in the press brief.<\/p>\n<p>Located in northern British Columbia, the 56,0000-hectare project is an advanced-stage orogenic gold system with a historical Inferred Resource of 1.04 million ounces gold (32.4 million tonnes at an average grade of 1.0 g\/t gold using a cut-off grade of 0.5 g\/t gold).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Calgary-based miner wants to back the 1 MM oz gold inferred resource at 1.43 g\/t Au (0.7 g\/t Au cut-off) reported back in September.<\/p>\n","protected":false},"author":42,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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