NI 43-101 TECHNICAL REPORT ON THE MIDWAY PROJECT Nye County, Nevada

NI 43-101 TECHNICAL REPORT ON THE MIDWAY PROJECT Nye County, Nevada

70 Pages · 2011 · 1.15 MB · English

TABLE 20-1 - COST ESTIMATE FOR RECOMMENDED WORK PROGRAM . 20 miles northeast of the town of Tonopah in Nevada's Nye County, in the Midway (or Rye. Patch) mining district. construction project, members of the Western Shoshone tribes expressed numerous specific concerns and 

NI 43-101 TECHNICAL REPORT ON THE MIDWAY PROJECT Nye County, Nevada free download

NI 43101 TECHNICAL REPORT ON THE MIDWAY PROJECT Nye County, Nevada Prepared for: MIDWAY GOLD CORP Dated April 1, 2011 Prepared by William J Crowl, RG Donald E Hulse, PE Terre A Lane, MAusIMM Donald J Baker, PhD MMSA Midway Gold Corp Table of Contents Midway Deposit Resource NI 43101 Technical Report April 1, 2011 i TABLE OF CONTENTS S ECTION T ITLE P AGE NO 1  SUMMARY \ 1   11   INTRODUCTION \ 1   12   PROPERTY LOCATION AND HISTORY \ 1   13   MIDWAY GEOLOGY AND MINERALIZATION \ 1   14   STATUS OF EXPLORATION \ 2   15   MINERAL RESOURCE ESTIMATE \ 3   16   CONCLUSIONS AND RECOMMENDATIONS \ 3   2  INTRODUCTION \ 5   21   PURPOSE \ 5   22   QUALIFIED PERSONS \ 5   23   SITE VISIT OF QUALIFIED PERSON \ 5   24   UNITS OF MEASURE \ 5   3  RELIANCE ON OTHER EXPERTS \ 6   4  PROPERTY DESCRIPTION AND LOCATION \ 7   41   LOCATION \ 7   42   MINERAL TENURE AND AGREEMENTS \ 8   421   Mineral Rights \ 8   422   Surface Rights \ 10   423   Location of Mineralization \ 10   424   Royalties, Agreements and Encumbrances \ 11   43   ENVIRONMENTAL LIABILITY , PERMITTING AND BONDING \ 12   431   Required Permits and Status \ 12   432   Plans of Operations \ 13   433   Environmental Liability \ 13   44   EXPLORATION PERMITS AND JURISDICTIONS \ 14   5  ACCESSIBILITY, CLIMATE, LOCAL RESOUR CES, INFRASTRUCTURE AND PHYSIOGRAPHY \ 15   51   ACCESSIBILITY \ 15   52   TOPOGRAPHY , ELEVATION , VEGETATION , AND CLIMATE \ 15   53   INFRASTRUCTURE AND LOCAL RESOURCES \ 15   6  HISTORY \ 17   61   EXPLORATION HISTORY \ 17   62   HISTORICAL RESOURCE AND RESERVE ESTIMATES \ 19   7  GEOLOGICAL SETTING \ 20   71   REGIONAL GEOLOGY \ 20   72   LOCAL GEOLOGY \ 22   73   PROPERTY GEOLOGY \ 24   731   Ordovician Palme tto Formation \ 24   732   Tertiary Tombstone Formation \ 25   733   Tertiary Intrusive Rocks \ 25   734   Tertiary Volcanics (Postmineral) \ 25   735   Quaternary Deposits \ 25   74   STRUCTURAL GEOLOGY \ 25   8  DEPOSIT TYPE \ 29   Midway Gold Corp Table of Contents Midway Deposit Resource NI 43101 Technical Report April 1, 2011 ii 9  MINERALIZATION \ 30   91   MINERALIZATION AND ALTERATION \ 30   10   EXPLORATION \ 35   101   PREVIOUS OPERATOR ’S EXPLORATION WORK \ 35   102   MGC EXPLORATION \ 35   103   PREVIOUS RESOURCE ESTIMATES \ 35   11   DRILLING \ 36   111   DRILLING PROCEDURES AND CONDITIONS \ 38   112   LOGGING \ 38   12   SAMPLING METHOD AND APPROACH \ 39   13   SAMPLE PREPARATION, ANALYSES, AND SECURITY 4\ 1   131   HISTORIC CAMPAIGNS \ 41   1311   Sample Preparation and Assaying Methods \ 41   1312   Quality Controls and Quality Assurance \ 41   14   DATA VERIFICATION \ 43   15   ADJACENT PROPERTIES \ 44   16   MINERAL PROCESSING AND METALLURGICAL TESTING 45   161   MINERAL PROCESSING /M ETALLURGICAL TESTING ANALYSIS 45   1611   McClelland Test Work \ 45   1612   SGS Lakefield Test Work \ 46   17   MINERAL RESOURCE AND MINERAL RESERVE ESTIMATES 48   171   STATISTICAL ANALYSIS \ 4 8   172   GRADE CAPPING \ 50   173   GEOSTATISTICAL ANALYSIS \ 51   1731   Indicator Variography and Model \ 51   1732   Ore Density Estimates \ 52   1733   Grade Variography and Model \ 53   18   OTHER RELEVANT DATA AND INFORMATION \ 54   19   INTERPRETATION AND CONCLUSIONS \ 55   20   RECOMMENDATIONS \ 56   21   REFERENCES \ 57   22   DATE AND SIGNATURE PAGES \ 58   23   ILLUSTRATIONS \ 66   Midway Gold Corp Table of Contents Midway Deposit Resource NI 43101 Technical Report April 1, 2011 iii LIST OF FIGURES FIGURE PAGE FIGURE   4‐1   PROPERTY   LOCATION   MAP \  7   FIGURE   4‐2   MINERAL   CLAIM  MAP \  9   FIGURE   7‐1   REGIONAL   GEOLOGY  \  21   FIGURE   7‐2   LOCAL   GEOLOGY   MAP \  23   FIGURE   7‐3   STRATIGRAPHIC   COLUMN  MIDWAY  PROJECT  \  24   FIGURE   7‐4   STRUCTURAL  FRAMEWORK  OF THE  MIDWAY  PROJECT  \  26   FIGURE   7‐5   CROSS   SECTION  OF THE  DISCOVERY   ZONE  \  27   FIGURE   7‐6   CROSS   SECTION  OF  DISCOVERY   ZONE  \  28   FIGURE   9‐1   MIDWAY   VEIN  DISTRIBUTION   (PLAN ‐VIEW ) \  30   FIGURE   9‐2   MIDWAY   CORE  SAMPLE   VEIN  STRUCTURES  \  31   FIGURE   9‐3   MIDWAY   PROJECT   VISIBLE  GOLD  \  33   FIGURE   11‐1   EXPLORATION   DRILLING AT THE  MIDWAY  PROJECT  \  37   FIGURE   17‐1   DEMONSTRATES  THE  STATISTICS  OF  ALL GOLD  AND  GOLD   OUTSIDE  THE  VEINS    49   FIGURE   17‐2   DEMONSTRATES  THE  STATISTICS  OF  GOLD AND  SILVER  WITHIN  THE  VEINS    49   FIGURE   17‐3   SHOWS  THE  STATISTICAL   UNCAPPED AND   CAPPED  GOLD  VALUES  \  50   FIGURE   17‐4   BLOCK   INDICATORS  AND  HAND  INTERPRETED   SECTIONS  \  52     LIST OF TABLES TABLE PAGE TABLE 11 MIDWAY PROJECT KRIGED INFERRED MINERAL RESOURCE \ 3 TABLE 41 PRODUCTION ROYALTY FOR MIDWAY \ 11 TABLE 42 MAJOR AUTHORIZATIONS AND PERMITS REQUIRED FOR MIDWAY UNDERGROUND MI NING 12 TABLE 61 MIDWAY PROJECT HISTORIC

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