Canadian Mining Journal

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GOLD RESOURCE: First ever 43-101 report from Simkar

QUEBEC MEGASTAR DEVELOPMENT of Vancouver has released what it says are the first 43-101-compliant resource number...


QUEBEC MEGASTAR DEVELOPMENT of Vancouver has released what it says are the first 43-101-compliant resource numbers for its Simkar gold property 20 km east of Val d’Or. Using a gold cutoff grade of 2 g/t, the deposit contains 618,477 tonnes grading 5.28 g/t Au in the inferred resource, or 105,282 oz of contained gold.

The Simkar deposit was originally mined in the 1940s, and again during 1991 and 1992. Read more at www.MegastarDevelopment.com.


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