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Trade Winds Files Updated NI 43-101 Technical Report for Block A on SEDAR
Feb. 16, 2011 (Filing Services Canada) -- Trade Winds Ventures Inc. (TWD - TSX Venture, TVR - F...
About this update from Daura Gold Corp.
[{"type":"text","content":"\nTrade Winds Files Updated NI 43-101 Technical Report for Block A on SEDAR\n\n\n Feb. 16, 2011 (Filing Services Canada) -- Trade Winds Ventures Inc. (TWD - TSX Venture, TVR - FWB), is pleased to announce that further to the Company's news release dated December, 30 2010, the independent National Instrument 43-101 compliant technical report for the Block A property, a 50/50 joint venture with Detour Gold Corporation (\"Detour Gold\"), located adjacent to Detour Gold's Detour Lake gold project in northeastern Ontario, has been filed on SEDAR. This updated estimate contained within an open pit shell was completed by Watts, Griffis and McOuat Limited (\"WGM\"), Consulting Geologists and Engineers, of Toronto, Canada and complies with National Instrument 43-101 (\"NI 43-101\") Standards of Disclosure for Mineral Projects. Trade Winds is the operator of the Joint Venture exploration program. The full text of the technical report is also available on the Company's website at www.tradewindsventures.com. The focus of the report is the In-pit Mineral Resource Estimate for Block A presented in the Trade Winds December, 30 2010 press release and summarized below. This mineral resource estimate is an update of the July 2009 Technical Report by WGM and contains data from an additional 30 diamond drill holes totaling 11,591 metres completed in 2010.  The 2010 drilling program targeted near-surface gold mineralization of the M Zone regions with spacing greater than 80 metres within the pit area, as well as testing the western extension of the modeled pit.  A Lerch-Grossman optimized pit shell was used to generate an updated in-pit mineral resource. In-pit Mineral Resource Estimate for Block A (100% of JV) at a cut-off grade of 0.4 g/t Au---------------------------------------------------------------Resource Category       Tonnes      Grade Capped    Gold Ounces                     (millions)         (g/t Au)        (000's)---------------------------------------------------------------Indicated             ...