{"id":962485,"date":"2018-08-28T13:19:55","date_gmt":"2018-08-28T13:19:55","guid":{"rendered":"https:\/\/juniorminingnews.com\/?p=962485"},"modified":"2018-08-28T13:19:55","modified_gmt":"2018-08-28T13:19:55","slug":"enforcer-gold-and-soquem-announce-updated-mineral-resource-estimate-for-roger-project-containing-377000-gold-equivalent-ounces-indicated-and-365000-gold-equivalent-ounces-inferred-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=962485","title":{"rendered":"Enforcer Gold and SOQUEM Announce Updated Mineral Resource Estimate For Roger Project Containing 377,000 Gold Equivalent Ounces Indicated And 365,000 Gold Equivalent Ounces Inferred"},"content":{"rendered":"

By Ashley Cowell<\/a><\/span> <\/p>\n

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Enforcer Gold Corp.<\/a> (TSXV:VEIN<\/a>) (\u201cEnforcer\u201d or the \u201cCompany\u201d) along with SOQUEM are very pleased to announce the results of the updated mineral resource estimate on the Mop-II gold-copper deposit at the Company’s Roger project. This new resource estimate is constrained in a conceptual open pit shell. The project is advantageously located just 5 km north of the historic mining center of Chibougamau, Quebec, has all-season road access and is crossed by a power line that serviced the past-producing Troilus Mine. Enforcer is earning a 50% interest in the Roger project from project operator, SOQUEM.<\/p>\n<\/div>\n<\/div>\n

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Enforcer Gold President and CEO, Steve Roebuck, comments:<\/p>\n

\u201cThese results have surpassed our best expectations. We were optimistic that the updated resource estimate would be a significant milestone for the Company, but this new estimate is not only a marked increase in the size of the resource, it is also a very significant boost in confidence level with over 50% in the Indicated category. We look forward to further advancing the Roger project in the upcoming Phase 2 exploration program.\u201d<\/p>\n

SOQUEM President, Olivier Grondin, comments:<\/p>\n

\u201cSOQUEM is very satisfied with the updated resource estimate since it provides a new opportunity to further advance the Mop-II deposit. SOQUEM has a long-term exploration strategy and our perseverance is rewarded, as SOQUEM staked the property in 1997. This is a major step forward in the development of this deposit.\u201d<\/p>\n

Table 1. Pit-Constrained Mineral Resource Estimate on the Mop-II Gold-Copper Deposit<\/p>\n

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Notes to Table 1:<\/p>\n

    \n
  1. The mineral resource estimate was prepared with reference to the 2014 Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards and the 2003 CIM Best Practice Guidelines.<\/li>\n
  2. The effective date of the mineral resource estimate is July 4, 2018.<\/li>\n
  3. The Qualified Person for the estimate is Christian D’Amours, PGeo, of G\u00e9oPointCom.<\/li>\n
  4. Gold Equivalent (\u201cAuEq\u201d) cut-off grade is based on 3-year average metal prices (to July 2018) of US$1,240\/oz gold, US$16.50\/oz silver and US$3.00\/lb copper, USD\/CAD exchange rate of 1.3129 using an open pit constrained model.<\/li>\n
  5. The resource is supported by statistical analysis with good reproducibility of the values and geostatistical validation of the coefficient of variation and probability curves. High-grade values were not capped but their numbers and area of influence was limited.<\/li>\n
  6. A minimum thickness of 10m was used for all sub-vertical zones and assays were composited to 1.0m true width.<\/li>\n
  7. A bulk density of 2.70 g\/cm3 was used for the current estimate.<\/li>\n
  8. Mineral resources are reported as in-situ without dilution and material loss.<\/li>\n
  9. Rounding may result in apparent differences between tonnes, grade and contained metal content.<\/li>\n
  10. Mineral resources that are not mineral reserves do not have demonstrated economic viability.<\/li>\n<\/ol>\n

    Block model plans and sections are available in the Roger Map Gallery<\/a>.<\/p>\n

    Table 2. Pit-Constrained Indicated Mineral Resource Sensitivity by Cut-Off Grades<\/p>\n

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    \n
    \"\"<\/div>\n<\/div>\n<\/div>\n

    Table 3. Pit-Constrained Inferred Mineral Resource Sensitivity by Cut-Off Grades<\/p>\n

    \"\"<\/div>\n

    Notes to Tables 2 and 3:<\/p>\n

      \n
    1. Gold Equivalent (\u201cAuEq\u201d) cut-off grade is based on 3-year average metal prices (to July 2018) of US$1,240\/oz gold, US$16.50\/oz silver and US$3.00\/lb copper, USD\/CAD exchange rate of 1.3129 using an open pit constrained model.<\/li>\n<\/ol>\n

      Gold mineralization at the Mop-II deposit correlates with broad alteration zones of sericitization and silicification that are largely contained within a 2.2 km long by 0.4 km wide quartz-feldspar porphyry intrusion. The mineralization is homogenous, generally low grade and occurs over broad intervals. In addition to the 58,000 m of diamond drilling now completed on the Roger property, underground exploration undertaken in 1988 included 1,177 m of development and over 1,000 m of chip sampling. In 2006, a NI 43-101 mineral resource estimate on the Mop-II deposit outlined 3.24 Mt of Inferred Resources at an average grade of 1.61 g\/t Au and 0.04% Cu for a total 167,200 ounces of gold (Enforcer press release dated March 5, 2018<\/a>). Enforcer considers the 2006 estimate as a historical resource estimate that has relevance to the project; however, a qualified person for the Company has not done sufficient work to classify the historical estimate as a current mineral resource and as such it should not be relied on.<\/p>\n

      The 2018 mineral resource estimate was prepared by G\u00e9oPointCom of Val-d’Or, Quebec utilizing GeoticMine software and geostatistical analysis by Isatis software. The estimate was calculated using ordinary kriging (OK) methodology and the block model was constructed using block dimensions of 10 x 10 x 10 meters. The estimate incorporates information from 260 surface diamond drill holes and 23 underground diamond drill holes for a total of 38,554 m of split\/sawn and assayed core. The wireframes solids were created using a 3D Delaunay triangulation process instead of lines and tie lines projected on section. A total of 13 sub-vertical wire frames were constructed considering a minimum true thickness of 10 m and a minimum grade of 0.35 g\/t Au equivalent. This package of zones lied in a lower-grade envelope of 1,880m x 1,110m x 460m dimensions. Samples were composited inside the wire frames into 1 m true length composites. No capping was used at this step. During the interpolation process, composite having a gold grade higher than 30 g\/t was limiting to influence only the cell located 15 m around them. Passed this distance, their grade was limited to 30 g\/t. A uniform density of 2.7 g\/cm3 was used. The resources categories were defined based on composite proximity using two consecutive search ellipsoids passes. The cut-off grade calculation is based on the following parameters:<\/p>\n

      Au price: US$1,240\/oz gold
      \nAg price: US$16.50\/oz silver
      \nCu price: US$3.00\/lb copper
      \nUSD\/CAD exchange rate: 1.3129
      \nMining cost: US$2.5\/t
      \nMill recovery: 95%
      \nProcessing cost: US$20\/t<\/p>\n

      A NI 43-101 technical report to support the disclosure of the mineral resource estimate is being prepared by Consortium Geologica Groupe-Conseil Inc. of Val-D’Or, Qu\u00e9bec and will be filed on SEDAR (www.sedar.com<\/a>) within 45 days of this press release.<\/p>\n

      Qualified Persons<\/p>\n

      Enforcer’s VP Exploration, Antoine Fournier, PGeo, and Christian D’Amours, PGeo, of G\u00e9oPointCom, are both Qualified Persons as defined by National Instrument …read more<\/a> <\/p>\n

      From:: Investing News Network<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

      By Ashley Cowell Enforcer Gold Corp. (TSXV:VEIN) (\u201cEnforcer\u201d or the \u201cCompany\u201d) along with SOQUEM are very pleased to announce the results of the updated mineral resource estimate on the Mop-II gold-copper deposit at the Company’s Roger project. This new resource estimate is constrained in a conceptual open pit shell. The project is advantageously located just […]<\/p>\n","protected":false},"author":1,"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 center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[359],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/962485"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=962485"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/962485\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=962485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=962485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=962485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}