Summary of the global resource reporting intel for 8 to 15 July 2018

Global exploration updates for 8-15 July 2018

Optiro summary of RSC Mineral Intelligence for 9 to 15 July 2018.

98 new technical reports published – an increase of 29 from last week

  • 12 were Resource Estimation
  • 4 Maiden Resources
  • 73 Exploration / Drilling updates – announced drilling still trending down – whereas drilling updates reached a 5-week high
  • 2 Scoping Studies
  • 9 PEA
  • 2 Pre-feasibility studies
  • 1 Feasibility studies
  • 1 Supporting acquisition
  • 45% reports used JORC Code
  • 55% used NI43-101
  • 4 NI43-101 technical reports filed
  • 5 amended report and 0 clarified report:
    • Lumina Gold Corp – Resource estimation for their Condor project. Share price did not change.
    • Canadian Metals Inc – Pre-feasibility study for their Langis project. Share price change of -10.0%
    • Gold Mountain Ltd – Exploration/Drilling update for their Wabag project. Share price change of -10.5%
    • Firesteel Resources Inc – PEA for their Laiva project. Share price change of +23.1%
    • Marathon Gold Corp – PEA for their Valentine project. Share price change of -1.0%

Share price change is between close of trade the day before the announcement and open of trade the day following the announcement.

Project Locations:

  • 37 in North America
  • 32 in Oceania
  • 14 in Africa
  • 9 in South America
  • 5 in Europe
  • 4 in Asia
  • 0 Seabed Resources

The Project Commodities:

Precious Metals

  • 78 Gold
  • 23 Silver
  • 1 Platinum

Base Metals

  • 17 Copper
  • 10 Zinc
  • 7 Lead
  • 7 Nickel

Other Metals

  • 3 Lithium
  • 6 Cobalt
  • 2 each for Tantalum and Uranium
  • 1 each for Iron, Niobium, Tin and Tungsten

Other

  • 2 Coal
  • 1 each for Boron, Kaolin, Silica and Tellurium

Global number of Resource Estimations by Report Author since October 2014:

  • Optiro ranks 5th out of the top 24 global consultancy groups, having authored 46 Resource Estimation reports since October 2014.
  • Thirteen of the reports were for Maiden Resources.

Global number of Reserve Estimations by Report Author since October 2014:

  • Optiro ranks 12th out of the top 24 global consultancy groups, having authored 10 Reserve Estimation reports since October 2014. 1 of these was a Maiden Reserve Estimation.

Most significant drill intersections of the week:

Most significant drill intersections in July 2018 to date:

Most significant drill intersections in 2018 to date on ASX:

Most significant drill intersections in 2018 to date on TSX:

Here is a LINK to the free RSC Resource Reporting Intelligence web page.

 

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