The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
QMI's Attractive Land Package
|
Junior Mining Weekly (12/15/2010)
"Queenston controls 200 sq. km. of mineral properties in the Kirkland Lake gold camp in Ontario, which has historically produced over 40 Moz. gold. QMI also has two properties (one 100%-owned, one 50/50 JV) covering 6 km. of the Cadillac Break, west of Agnico-Eagle's Lapa mine in Cadillac Township, Quebec. The company's projects can roughly be broken down into Kirkland East and Kirkland West properties. The Kirkland East properties consist of 1,109 mineral claims (23 properties), which are 100%-owned by QMI. The Kirkland West properties consist of 142 mineral claims (7 properties), which are 50/50 JVs with Kirkland Lake Gold, as well as a 100%-owned property adjacent to the JV land. In total, in the Kirkland Lake area, QMI has exposure to 1.24 Moz. of attributable NI 43-101 Au resources (6.97 g/t) and 847 Koz. Au (5.41 g/t) of historical (non-43-101) resources. In Cadillac Township, QMI has 525 Koz. attributable Au (5.2 g/t), primarily in historical resources. Near the Kirkland Lake Main Break mineralized structure at the west end of the camp, Queenston is exploring a series of 50/50 JVs with Kirkland Lake Gold immediately to the south and east of KGI's 100%-owned properties, including a portion of the South Mine Complex, currently being mined at KGI's 100%-owned Macassa mine. The portion of the SMC resource that falls onto 50% QMI land has an NI 43-101 resource of 300 Koz. Au at 44.4 g/t (50% QMI). Underground drilling on the JV land is ongoing and an exploration drift is being advanced along the JV claim boundary to further explore east of the SMC deposit. At Kirkland West, QMI also has 100% of the Amalgamated Kirkland deposit (historical resource of 382 Koz. Au at 4.5 g/t Au)." |
PRINT THIS PAGE
EMAIL THIS PAGE
Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
"We expect PGLC's Relief Canyon site to be meaningfully advanced in 2016." (12/16/15) Pershing Gold Corp. - Heiko Ihle, Rodman & Renshaw More >
"ICG continues to stand out as one of the most active junior exploration companies globally." (12/9/15) Integra Gold Corp. - Michael Gray, Macquarie Equity Research More >
"We are initiating coverage on NMI with a Buy rating." (12/9/15) Newmarket Gold Inc. - Heiko Ihle, Rodman & Renshaw More >
"TV's mill throughput was up 19% MOM; zinc recovery improved by 9%." (12/9/15) Trevali Mining Corp. - Joseph Gallucci, More >
"THO pays a good dividend and produces at the lowest quartile costs." (12/9/15) Tahoe Resources Inc. - Gwen Preston, Resource Maven More >