The Bronson Slope gold deposit, Skyline Gold's primary project for development, is located approximately 30 km. west of the Eskay Creek access road and 80 km. east of Wrangell Alaska. This project was undergoing permitting and pre-feasibility study activity in 1996 when the project was deferred pending higher gold prices. 19,000 meters of drilling and numerous geological, geotechnical, metallurgical, environmental, etc. studies have been completed on the project to date.
A Preliminary Assessment (PA) technical report including an economic assessment, mineplan, and cost estimate was completed by Leighton Engineering on March 6, 2009. An update of the PA with a smaller, higher-grade initial mine pit will also be completed targeting higher returns and faster investment payback.
A follow-on feasibility study will be initiated after a feasibility study requirements analysis is undertaken by a leading mining engineering firm.
Bronson Slope's Gold-Copper porphyry deposit contains an NI 43-101 compliant measured and indicated resource of 2.6 million oz. of gold and 695 million lb. of copper.
Bronson Slope Contained Metal
|
|
Contained Metal in million ozs or million lbs |
Category |
Metric tonnes |
Gold Oz. |
Copper lb. |
Silver
Oz. |
Molybdenum lb. |
M+I |
225,100,000 |
2.6 |
694.8 |
16.1 |
38.2 |
Inferred |
91,600,000 |
0.8 |
262.6 |
5.2 |
16.2 |
April 2008 Bronson Slope Technical Report ( Burgoyne and Giroux )
Cut-off Grade: $9/tonne net recoverable metal value
Price Assumptions: Gold - $650.00/oz; Copper - $2.00/lb; Silver - $10.00/oz; Molybdenum - $12.00/lb ($US)
NI 43-101 Mineral Resource Estimate
Category |
Metric tonnes |
Gold (g/t) |
Silver
(g/t) |
Copper (%) |
Molybdenum (%) |
Measured |
74,800,000 |
.45 |
2.31 |
.17 |
.0059 |
Indicated |
150,300,000 |
.31 |
2.17 |
.13 |
.0087 |
M+I |
225,100,000 |
.36 |
2.22 |
.14 |
.0077 |
Inferred |
91,600,000 |
.27 |
1.76 |
.13 |
.0080 |
April 2008 Bronson Slope Technical Report ( Burgoyne and Giroux )
Cut-off Grade: $9/tonne net recoverable metal value
Price Assumptions: Gold - $650.00/oz; Copper - $2.00/lb; Silver - $10.00/oz; Molybdenum - $12.00/lb ($US)