Optiro’s summary of the RSC Resource Reporting Intelligence for 27 Feb to 5 March 2017.

Here is Optiro’s summary of the RSC Resource Reporting Intelligence for the week of 27 Feb to 5 March 2017.

118 technical reports were published:

• This is up by 31 from last week
• 27 were Mineral resources
• 2 were Maiden resources
• 74 Exploration / Drilling (27 up from last week)
• 3 Environmental
• 38% used JORC Code
• 58% used NI43-101
• 8 supporting acquisition
• 1 Feasibility study
• 2 Pre-Feasibility studies
• 5 Preliminary Economic Assessments (PEA)
• 1 Scoping study
• Corrected announcements were from:
  Santacruz Silver Mining Ltd – Veta Grande – amended Resource estimate
  Leagold Mining Corp – Los Filos – amended PEA
  K92 Mining Inc – Kainantu – amended PEA

Project locations:

• 51 in North America (down 12)
• 33 in Oceania (up 2)
• 28 in Africa (up 9)
• 9 in Europe
• 3 in Asia (down 3)
• 11 in South America (up 2)

Project commodities:

• 95 Gold
• 25 Silver (down by 10)
• 17 Copper
• 16 Zinc
• 12 each for Lead (down 3) and Lithium (up 3)
• 9 Cobalt (up 6)
• 7 each for Uranium (up 6) and Nickel (up 5)
• 6 Iron (up 5)
• 3 Zircon (down 3)
• 1 Indium

Number of Resource Estimation reports by Report Authors – since October 2014:

• Globally, Optiro is the consultancy that has authored the most Maiden Resource reports.
• Optiro is globally in the top 8 of the most sought after consultancies for Resource Estimation reports.
• Optiro is globally in the top 15 of the most sought after consultancies for Reserve Estimation reports.

The top 3 most significant drill intersections of the week:

• Nevsun Resources Ltd – Timok in Serbia – resource definition; 3m @ 6.0% Cu, 3.79g/t Au from 438.8m
• Premier Gold Mines Ltd – Hasaga in Canada – resource definition; 0m @ 10.94g/t Au from 771.0m
• SkyHarbour Resources Ltd – Moore Lake in Canada – exploration; 5.9m @ 6.0% U308 from 261.6m

The top 3 most significant drill intersections in February 2017:

• Nevsun Resources Ltd – Timok in Serbia – resource definition; 3m @ 6.0% Cu, 3.79g/t Au from 438.8m
• UEX Corp – Christie Lake in Canada – exploration: 17.70m @ 11.46% U308 from 475.10m
• Arizona Mining Inc – Hermosa in USA – resource definition; 122.5m @ 71.23g/t Ag, 7.15%Pb, 12.75% Zn, 0.17%Cu from 537.9m

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 Intelligence report.