A small selection of case studies is presented to illustrate examples from Micon’s recent experience of its approach to meeting clients’ evolving needs. Assignments involving the review of Mineral Resource and Reserve statements, the preparation of technical studies and presentation of the results in Competent Person’s or NI 43-101 reports are included here.
Not included here are assignments undertaken on a confidential basis, including due diligence reviews for investors (debt, equity, royalty holders, and/or streaming) and assignments in litigation support. Please contact Micon directly to discuss your requirements in any of these areas.
Alrosa Case Study
In 2013 Micon completed an independent review and valuation of the ALROSA Group of Companies’ principal diamond assets in Russia. This included visits to the majority of the ALROSA operations, an audit of the ALROSA reserve statements and preparation of mineral resource and reserve statements classified according to the definitions of the JORC Code for each of the mining divisions.
Dalradian Resources Inc.
In 2014, Micon updated the results of the 2012 PEA to take into account a new resource estimate and revised metal prices and cost estimates. The positive results of this study led directly to further stages of development of the privately-held Curraghinalt project towards commercial production.
San Francisco Mine, Sonora, Mexico
Micon has worked with successive owners of this property since 2005, when it wrote the qualifying report on this property for Timmins Gold Corp. (Timmins) which later changed its name to Alio Gold Inc. (Alio). Micon continues to work with the current owners, Magna Gold Corp.
In September-October of 2020, Micon completed a Preliminary Economic Assessment (PEA) and the associated Technical Report in accordance with the NI 43-101 standards for Moneta Porcupine’s, South West deposit, Golden Highway Project 110 km east of Timmins, Ontario.
Torngat Metals Ltd.
Micon has worked with Torngat Metals Ltd (Torngat) since 2018. However, Micon has worked on Torngat’s Strange Lake Rare Earth Project in Quebec, Canada since 2010 and in that time has authored five technical reports on the property.