Overview
The Brewery Creek Project is a past producing heap leach gold mining operation developed and operated by Viceroy from 1996 through 2002, producing approximately 280,000 ounces of gold from seven near-surface oxide deposits. Between 2002 and 2008 various reclamation activities occurred throughout the mine site. The 181 km2 property is located 55 km east of Dawson City, Yukon. The property is accessible by road from the North Klondike Highway.
Brewery Creek has National Instrument 43-101 Measured, Indicated and Inferred Mineral Resource estimates that have been produced for the eleven named deposits at Brewery Creek. The results of the estimation are that the Brewery Creek Project has Measured and Indicated Mineral Resources totaling 34.5 million tonnes at 1.03 g/t, containing 1.14 million ounces of gold. Inferred resources total 35.9 million tonnes at 0.88 g/t containing 1.02 million ounces of gold. Total Mineral Resources are shown in the below table:
|
Area |
Classification |
Ore (M t) |
Grade (g/t) |
Contained Gold (k oz) |
|---|---|---|---|---|
|
Oxide |
Measured |
9,310 |
1.18 |
353,000 |
|
Indicated |
13,670 |
1.11 |
487,000 |
|
|
Total Oxide M&I |
22,980 |
1.14 |
840,000 |
|
|
Inferred |
16,200 |
0.94 |
489,000 |
|
|
Sulphide |
Measured |
3,950 |
0.77 |
98,000 |
|
Indicated |
7,540 |
0.85 |
206,000 |
|
|
Total Sulphide M&I |
11,490 |
0.82 |
304,000 |
|
|
Inferred |
19,700 |
0.83 |
527,000 |
Source: Kappes, Cassiday & Associates. Mineral Resource Effective Date: May 31, 2020