43-101 report

43-101 report

Chevrier Gold Project,  April 2010 - 43-101 report 

Chevrier Gold deposit

Main Zone

The 2010 report states that the Chevrier deposit hosts a NI 43-101 Inferred Resource of 300,000 ounces of Gold at 1.99 grams per tonne Au (using 1g/t cut off) or 4.6 million tonnes at 1.99 g/t Au.

South Zone

In Met-Chem's opinion, the Chevrier model is adequate for the present estimate of a potential tonnage and grade of mineralized material in the South Chevrier deposit.

Met-Chem estimates that the Chevrier South deposit contains a potential between 8.5 and 9.0 million tonnes of mineralized material grading 1.8 to 2.2 g/t Au. No resources were estimated for the Chevrier South deposit, since Met-Chem believes the density of information is not sufficient to delineate a mineral resource.

Met-Chem recommended consistent re-logging and re-assaying of all drill core plus assaying of core that was not sampled.




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