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Braveheart Announces a Resource Estimate for Alpine Mine Property near Nelson, BC
Toronto, Ontario--(Newsfile Corp. - January 22, 2018) - Braveheart Resources Inc. (TSXV: BHT) ...
About this update from Canadian Critical Minerals Inc
[{"type":"text","content":"Braveheart Announces a Resource Estimate for Alpine Mine Property near Nelson, BCToronto, Ontario--(Newsfile Corp. - January 22, 2018) - Braveheart Resources Inc. (TSXV: BHT) (\"Braveheart\" or, the \"Company\") is pleased to announce that it has received a National Instrument 43-101 (\"NI 43-101\") resource report for its flagship Alpine Mine property located ~20 km from Nelson, BC. The report was prepared by Gary Giroux, P.Eng. who fulfills the requirements of a \"Qualified Person\" as defined in NI 43-101. Mr. Giroux has been providing service to the exploration and mining industry since 1970. For the past 41 years he has been involved in Geostatistical Resource/Reserve Studies for both Major and Junior Mining Companies on a wide range of Deposit Types. The report has an effective date of January 22, 2018 and the Company intends to file the complete report on SEDAR on or before March 8, 2018. An Inferred Resource of 268,000 tonnes has been estimated. Using a cut-off grade of 5.0 g/t Au and an average grade of 16.52 g/t Au, this represents an inferred resource of 142,000 oz of gold. Table 1 below provides a range of values using different cut-off grades.Table 1 - Inferred Resource within the Alpine VeinAu Cut-off(g/t)Tonnes > Cut-off(tonnes)Grade > Cut-offAu (g/t)Contained AuOzs2.0366,00012.96153,0003.0324,00014.36149,0004.0290,00015.62145,0005.0268,00016.52142,0006.0242,00017.71138,0007.0205,00019.76130,0008.0182,00021.29124,0009.0168,00022.32121,00010.0160,00022.94118,00015.0128,00025.64106,00020.088,00029.4983,00025.054,00033.8259,000 Data for the Alpine vein used in this resource estimate consisted of the following:12 surface BQ diamond drill holes completed by Cominco in 198912 surface BTW diamond drill holes completed by Braveheart in 2017256 underground drift and stope panel samples completed in 19887 underground drift and stope panel samples completed by Braveheart in 2017Bulk density used was 2.54Underground drift and stope samples were treated as horizontal or vertical drill holes. Down hole surveys were available for all drill holes and azimuth and dip information was added for all drift and stope samples. A total of 558 gold assays were provided with limited sampling for Ag, Pb and Zn.A block model with blocks 20 x 20 x 1 m was superimposed over the Alpine Vein and for each block the percentage below sur...