Legal and Privacy
Cautionary Statement on Forward-Looking Information
This website contains “forward-looking statements” and “forward-looking information” (collectively, “forward-looking information”) within the meaning of applicable securities legislation. Forward-looking information is not, and cannot be, a guarantee of future results or events.
Forward-looking information is based on, among other matters, opinions, assumptions, estimates and analyses that, while considered reasonable at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies and other factors that may cause actual results and events to be materially different from those expressed or implied by the forward-looking information. The risks, uncertainties, contingencies and other factors that may cause actual results to differ materially from those expressed or implied by the forward-looking information may include, but are not limited to, risks generally associated with the mining industry, such as economic factors (including future commodity prices, currency fluctuations, energy prices and general cost escalation).
Should one or more risk, uncertainty, contingency or other factor materialize or should any factor or assumption prove incorrect, actual results could vary materially from those expressed or implied in the forward-looking information. Accordingly, undue reliance should not be placed on forward-looking information. Waterton Global Resource Management, Inc. (collectively with its associated and affiliated entities and representatives, including Gemfield Resources, LLC, “Waterton”) does not assume any obligation to update or revise any forward-looking information after the date of this website or to explain any material difference between subsequent actual events and any forward-looking information, except as required by applicable law.
Unless otherwise stated, all references to $ or “dollars” in this website refer to the lawful currency of the United States of America.
The information contained in this website (the “Information”) is provided for informational purposes only and is not and may not be relied on in any manner as legal, technical or investment advice. The Information should not be considered an offer to purchase or sell securities nor be used in the furtherance of any trade of securities. Waterton expressly disclaims any and all liability for all representations and warranties, expressed or implied, contained in, or for omissions from, the Information or any other written or oral communication transmitted to any interested party in connection with the Information so far as is permitted by law. In particular, but without limitation, no representation or warranty is given as to the achievement or reasonableness of, and absolutely no reliance should be placed on, any data, projections, estimates, forecasts, analyses or forward-looking statements contained in the Information which involve by their nature a number of risks, uncertainties or assumptions that could cause actual results or events to differ materially from those expressed or implied in the Information. Waterton shall not be liable for any direct, indirect or consequential loss or damage suffered by any person as a result of their reliance on any statement in or omission from the Information, along with other data furnished in connection therewith, and any such liability is expressly disclaimed. Waterton reserves the right to amend or replace the Information at any time but undertakes no obligation to update any of the contents of the Information or to correct any inaccuracies that may become apparent following the date hereof. The unauthorized dissemination of the Information (in whole or in part) is prohibited. Nothing in the Information is to be taken as any form of commitment or promise on the part of Waterton to enter into any contract or otherwise create any other form of legally binding obligation or commitment.
Any material, information or other communication (including questions, comments or suggestions) you transmit to Waterton through this website will be considered non-confidential and non-proprietary (each, a “Communication"). In making any such transmission, you agree that Waterton will have no obligation of any kind whatsoever with respect to a Communication. Where it is necessary, in order to answer your enquiry, the Communication you have provided may be passed to any Waterton affiliate or agent. By sending any Communication to us, you are consenting to the personal information contained therein being transferred within Waterton and being processed by Waterton for these purposes. You are prohibited from posting or transmitting to or from Waterton any unlawful, threatening, libellous, defamatory, obscene, pornographic or other materials that violate any law.
Presentation of Technical Information
The Mineral Resource Estimates used were estimated by CSA Global Consultants Canada Ltd. (“CSA Global”), an international independent mining industry consultancy.
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability but are required to have reasonable prospects for eventual economic extraction.
Metal price assumption was $1,300/oz Au for the three deposits.
The effective date of the Gemfield Mineral Resource Estimate is March 1, 2019 and includes all drill results to January 2019. Oxide-only material at a 0.2 g/t au cut-off. Pit shell parameters include $1.50/tonnes for mining costs, $5.00/tonne for processing, $1.50/tonne for G&A, pit slope angles of 45°, and processing Au recoveries of 83% for oxide.
The effective date of the McMahon Ridge Mineral Resource Estimate is March 1, 2019 and includes all drill results to December 2018. Oxide material at a 0.25 g/t Au cut-off, transition at a 0.30 g/t Au cut-off and reduced at a 0.25 g/t Au cut-off. Pit shell parameters include $1.50/tonnes for mining costs, $5.00/tonne for processing, $1.50/tonne for G&A, pit slope angles of 45°, and processing Au recoveries of 77% for oxide, 62% for transition and 52% for reduced.
The effective date of the Goldfield Main Mineral Resource Estimate is February 8, 2019 and includes all drill results to December 2018. Oxide material reported at a 0.2 g/t Au cut-off and reduced at a 0.3 g/t Au cut-off. Pit shell parameters include $1.50/tonnes for mining costs, $5.00/tonne for processing, $1.50/tonne for G&A, pit slope angles of 45°, and processing Au recoveries of 92% for oxide and 63% for reduced.