Micon has worked with Timmins Gold Corporation (Timmins Gold, now Alio Gold) since 2005. In December, 2005, Micon completed its initial NI 43-101 Technical Report for Timmins Gold on the San Francisco gold project in Sonora, Mexico, in support of a listing application for the TSX-Venture exchange. The San Francisco project is based on a mine and processing facility which operated between 1995 and 2002. The gold mineralization occurs in granitic gneiss and the deposit contains principally free gold and occasionally electrum. The mineralogy, the possibility of associated tourmaline, the style of mineralization, and fluid inclusion studies suggest that the San Francisco deposit may be of mesothermal origin. An updated Technical Report was prepared in February, 2007 in order to disclose the 2006 drilling results and provide opinion on further work proposed by the company. The report also included an updated mineral resource estimate completed by a third party. A further Technical Report was prepared in March, 2008 to support the disclosure of the results of a Preliminary Feasibility Study. The report was amended in January, 2009. Since 2009, Timmins Gold has engaged Micon to conduct further reviews and audits on the San Francisco Project, as well as a number of other assignments. A number of these reports have been filed with the appropriate regulatory bodies by Timmins Gold and a number of these have remained as internal reports for the exclusive use of Timmins Gold. Micon continues to assist and advise Timmins on an as needed basis.
Heap Leach Processing Pond
Drilling and charging the blast
Conveyer charging the heap leach pad
Additional Case Studies
Case studies demonstrate the range and breadth of Micon’s experience and its approach to meeting clients’ needs.
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. Read more.
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 continue to support further development of the Curraghinalt project. Read more.