REP R0001 00 FS DonNicolasGoldProject

  • View
    213

  • Download
    0

Embed Size (px)

Text of REP R0001 00 FS DonNicolasGoldProject

  • 8/23/2019 REP R0001 00 FS DonNicolasGoldProject

    1/207

    Report to:

    Technical ReportDon Nicols Gold ProjectSanta Cruz, Argentina

    Document No. 705-1196070100-REP-R0001-00

  • 8/23/2019 REP R0001 00 FS DonNicolasGoldProject

    2/207

    705-1196070100-REP-R0001-00

    Report to:

    TECHNICAL REPORTDON NICOLS GOLD PROJECT

    SANTA CRUZ, ARGENTINA

    EFFECTIVE DATE: FEBRUARY 14,2012

    Prepared by Callum Grant, P.Eng.Hassan Ghaffari, P.Eng.

    Andr de Ruijter, Pr.Eng. (RSA), P.Eng.Doug Corley, MAIG, R.P. Geo. (Australia)Carlos Guzmn, Registered Member Chilean Mining Commission

    Alistair Cadden, C.Eng. (UK)Anthony Sanford, Pr.Sci.Nat. (South Africa)Steven Osterberg, P.Geo. (USA)

    CG/cl

    Suite 800, 555 West Hastings Street, Vancouver, British Columbia V6B 1M1, CanadaPhone: 604.408.3788 Fax: 604.408.3722

  • 8/23/2019 REP R0001 00 FS DonNicolasGoldProject

    3/207

    REVISION HISTORY

    REV.NO ISSUE DATE

    PREPARED BYAND DATE

    REVIEWED BYAND DATE

    APPROVED BYAND DATE DESCRIPTI

    0 February 14, 2012 All QPs Hassan Ghaffari Hassan Ghaffari Final to Cli

  • 8/23/2019 REP R0001 00 FS DonNicolasGoldProject

    4/207

    705-1196070100-REP-R0001-00

    NOTICE

    This report was prepared as a National Instrument 43-101 Technical Report forMinera IRL Limited (MIRL) and its subsidiary Minera IRL Patagonia S.A. (MIRLP) byWardrop, a Tetra Tech Company (Tetra Tech), Coffey Mining Limited (CoffeyMining), NCL Ingenier y Construccin Limitada (NCL), Golder Associates Argentina(Golder), and Ausenco Vector (Argentina).The quality of information, conclusions,and estimates contained herein is consistent with the level of effort involved in TetraTechs, Coffey Minings, NCLs, Golders, and Ausenco Vectors services, based on:(i) information available at the time of preparation, (ii) data supplied by outsidesources, and (iii) the assumptions, conditions, and qualifications set forth in thisreport. This report is intended for use subject to the terms and conditions of MIRL orMIRLPs contract with Tetra Tech, Coffey Mining, NCL, Golder, and Ausenco Vector.

    This contract permits MIRL to file this report as a Technical Report with CanadianSecurities Regulatory Authorities pursuant to National Instrument 43-101, Standardsof Disclosure for Mineral Projects. Except for the purposes legislated under provincialsecurities laws, any other use of this report by any third party is at that partys solerisk.

  • 8/23/2019 REP R0001 00 FS DonNicolasGoldProject

    5/207

    i 705-1196070100-REP-R0001-00

    TABLE OF CONTENTS

    NOTICE ............................................................................................................................................. I1.0 SUMMARY .......................................................................................................................... 12.0 INTRODUCTION ................................................................................................................. 5

    2.1 BACKGROUND....................................................................................................................... 52.2 SCOPE OFWORK.................................................................................................................. 62.3 ROLES ANDRESPONSIBILITIES............................................................................................... 6

    3.0 RELIANCE ON OTHER EXPERTS ..................................................................................... 94.0 PROPERTY DESCRIPTION AND LOCATION ................................................................. 10

    4.1

    LOCATION........................................................................................................................... 10

    4.2 MINERALTENURE............................................................................................................... 114.3 ROYALTIES,RIGHTS ANDENCUMBRANCES........................................................................... 14

    5.0 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE ANDPHYSIOGRAPHY .............................................................................................................. 155.1 TOPOGRAPHY,VEGETATION ANDLANDUSE......................................................................... 155.2 CLIMATE............................................................................................................................. 155.3 ACCESS.............................................................................................................................. 165.4 INFRASTRUCTURE ANDSERVICES........................................................................................ 17

    6.0 HISTORY ........................................................................................................................... 186.1 HISTORICALBACKGROUND.................................................................................................. 186.2 HISTORICALRESOURCES.................................................................................................... 19

    7.0 GEOLOGICAL SETTING AND MINERALIZATION .......................................................... 207.1 REGIONALSETTING............................................................................................................. 207.2 PROJECTGEOLOGY............................................................................................................ 207.3 MINERALIZATION................................................................................................................. 21

    8.0 DEPOSIT TYPES .............................................................................................................. 229.0 EXPLORATION ................................................................................................................. 24

    9.1 EARLYEXPLORATION.......................................................................................................... 249.2 MIRLEXPLORATION ........................................................................................................... 24

    10.0 DRILLING .......................................................................................................................... 2610.1 INTRODUCTION................................................................................................................... 2610.2 DRILLINGHISTORY.............................................................................................................. 26

    11.0 SAMPLE PREPARATION, ANALYSES, AND SECURITY ............................................... 3111.1 TRENCHING........................................................................................................................ 31

  • 8/23/2019 REP R0001 00 FS DonNicolasGoldProject

    6/207

    ii 705-1196070100-REP-R0001-00

    11.2 DRILLING ANDSAMPLEQUALITY.......................................................................................... 3111.2.1 RCDRILLINGNEWCREST................................................................................ 3111.2.2 RCDRILLINGYAMANA..................................................................................... 3111.2.3 DDHDRILLING-YAMANA................................................................................... 3211.2.4 DDHDRILLINGRYSA,HIDEFIELD ANDMIRL ................................................... 3311.2.5 RCDRILLINGMIRL ......................................................................................... 33

    11.3 SAMPLERECOVERY............................................................................................................ 3411.4 SAMPLESECURITY.............................................................................................................. 3411.5 ANALYTICAL LABORATORIES................................................................................................ 3511.6 SAMPLEPREPARATION ANDANALYTICALPROCEDURE ......................................................... 35

    11.6.1 SGSLABORATORIES(BEMAPOLIMET) ............................................................... 3511.6.2 ACMEANALYTICALLABORATORIES.................................................................... 3611.6.3 ALSCHEMEXARGENTINA.................................................................................. 36

    11.7 ANALYTICALQUALITYCONTROLPROCEDURES .................................................................... 3711.8 STANDARDS ANDBLANKS.................................................................................................... 3711.9

    LABORATORY

    DUPLICATES AND

    STANDARDS

    ........................................................................ 38

    11.9.1 SGSANDACME ............................................................................................... 3811.9.2 ALSCHEMEX .................................................................................................... 38

    11.10 UMPIRECHECKASSAYS...................................................................................................... 3911.10.1 SGSANDACME ............................................................................................... 3911.10.2 ALSCHEMEX .................................................................................................... 39

    11.11 FIELDDUPLICATES.............................................................................................................. 3911.11.1 SGSANDACME ............................................................................................... 3911.11.2 ALSCHEMEX .................................................................................................... 39

    11.12 SUMMARY OFQUALITYCONTROLDATA..............................