Optiro’s summary of the RSC Resource Reporting Intelligence for 13-19 March 2017

This week, 80 new technical reports were published:

• 20 Mineral Resources – up by 6 from last week and above the average for 2017
• 0 Maiden Resources – for the 2^nd time this year
• 44 Exploration / Drilling – down by 10 from last week
• 2 previously announced Resource Estimates and 1 Feasibility Study were filed on SEDAR
• 2 Environmental
• 2 were clarifications
• 1 was an amendment
• The corrected announcement came from Scotgold Resources for the resource estimation from their Cononish project in Scotland.

Project locations:

• 28 in North America
• 32 in Oceania – up by 14 from last week
• 8 in Africa – down by 5
• 6 in Europe
• 12 in Asia – up by 8
• 4 in South America – down by 13

Project commodities:

• 64 Gold – up by 9 this week
• 29 Silver – up by 6
• 18 Copper – down by 4
• 12 Zinc
• 11 Lead
• 6 Lithium
• 5 Nickel
• 4 Cobalt
• 3 each for Aluminium, Uranium and Molybdenum
• 2 each for Coal, Tungsten, Titanium, Tin, Zircon and Graphite
• 1 each for Platinum and PGM

Resource Estimation Report Authors since October 2014:

• Optiro is now in the top 7 of the most popular consultancies for authoring resource estimation reports – having authored 28 reports since October 2014.
• Optiro has authored 5 Reserve Estimates since October 2014.

The top 3 most significant drill intersections for the week:

• Peel Mining Ltd – Wagga Tank in Australia – Exploration: 27m @ 10.0% Zn, 6.41% Pb, 89g/t Ag, 0.42g/t Au, 0.21% Cu from 250m
• Arizona Mnining – Hermosa in Arizona USA – Resource definition: 24.7m @ 7.01% Zn, 10.22% Pb, 133.745g/t Ag, 0.39% Cu from 1040.4m
• Musgrave Minerals Ltd – Cue in Western Australia – Resource definition: 6m @ 45.5g/t Au from 99m

Top 3 most significant drill intersections in 2017 to date:

• Kirkland Lake Gold Ltd – Fosterville in Australia – mining – 17 Jan 2017: 15.5m @ 1429g/t Ay from 345.55mm
• Cordoba Minerals Corp – San Matias in Colombia – resource definition – 23 Jan 2017; 00m @ 800.90g/t Au, 88.63g/t Ag, 3.65% Cu, 8.60% Zn from 112m
• Nevsun Resources Ltd – Timok in Serbia – resource definition – 27 Feb 2017: 256.3m @ 6.0% Cu, 3.79g/t Au from 438.8m

Here is the full RSC Resource Reporting Intelligence for 13-19 March 2017.