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Aftermath Silver Announces Resource Estimate for Cachinal Silver-Gold Project and Filing of Amended and Restated NI 43-101 Technical Report
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2020) - Aftermath Silver Ltd. (TS...
About this update from Aftermath Silver Ltd.
[{"type":"text","content":"Aftermath Silver Announces Resource Estimate for Cachinal Silver-Gold Project and Filing of Amended and Restated NI 43-101 Technical ReportVancouver, British Columbia--(Newsfile Corp. - September 16, 2020) - Aftermath Silver Ltd. (TSXV: AAG) (OTCQB: AAGFF) (the \"Company\" or \"Aftermath Silver\") is pleased to provide the results of a CIM compliant Mineral Resource estimate for the Cachinal silver-gold project, in Chile, summarised in Table 1.The Company also wishes to advise that an amended and restated technical report entitled \"Amended Independent Technical Report for the Cachinal Silver-Gold Project, Region II, Chile\" with an effective date of September 11, 2020 has been filed under the Companies profile on SEDAR. The Mineral Resource estimate was performed by independent qualified persons Glen Cole P.Geo of SRK Consulting (Canada) Inc., and Sergio Alvarado Casas, CMC of Geoinvest SAC E.I.R.L. (Chile).The Amended and Restated Technical Report was prepared in accordance with the Canadian Securities Administrators' National Instrument 43-101 - Standards of Disclosure for Mineral Projects (\"NI 43-101\").Table 1. Summary of the CIM Compliant Mineral Resource Estimate for the Cachinal Silver-Gold Project ClassificationMaterial typeTonnes (Mt)Silver (g/t)Gold (g/t)Silver (Moz)Gold (Koz)IndicatedOpen Pit4.83970.1315.0320.05Underground0.221820.221.291.65TOTAL5.051010.1316.3221.70InferredOpen Pit0.17730.070.410.43Underground0.361800.192.072.18TOTAL0.531450.152.482.61 Notes on the Cachinal Mineral Resource EstimateFor full details on the Cachinal Mineral Resource estimate please refer to the NI 43-101 technical report titled \"Independent Technical Report for the Cachinal Silver-Gold Project, Region II, Chile.\" By Qualified Persons G. Cole, (P.Geo) of SRK Consulting (Canada) Inc and S. Alvarado Casas, of Geoinvest SAC E.I.R.L. (Chile), dated September 11, 2020 with an effective date of August 10, 2020, filed on the Aftermath Silver SEDAR profile.Cachinal mineral resources were classified according to the CIM Definition Standards for Mineral Resources and Mineral Reserves (May 2014).Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.All figures have been rounded to reflect the relative accuracy of the estimates. Cut-off grades are based on metal price assumptions of US$22.00 / ounce of...