April 2016 Page 1 of 17 MINING: GOOD NEIGHBOUR AND PROVIDER TO THE WORLD WWW.CMEBC.COM President’s report by Bob Denny: The recent KEG Conference was a success and there were more people attending than last year. Hopefully that is an indication of an upturn in our industry within BC. One of the issues concerning the mineral exploration industry and small scale placer miners this spring has been the new Water Sustainability Act (WSA) which was brought into force in BC on February 29, 2016 along with a number of supporting regulations. The WSA replaces the former Water Act. A water license or use approval under the WSA is required for most uses of water, whether the water is diverted from a stream or an aquifer. However, the WSA does allow some exemptions from this requirement for certain uses of water. A regulatory amendment came into effect on April 15, 2016, which now provides that holders of a permit under section 10 of the Mines Act are exempt from the requirement to obtain a water use permit for 2016 in relation to exploration activities provided they meet certain conditions and adhere to certain requirements. For the exemption rules that will apply to our industry for at least 2016, check out http://bit.ly/1SpYeGq . Within the resulting PDF you can also connect to the full Water Sustainability Act. The Ministry of Environment is responsible for the WSA, regulations and related policy. The Ministry of Forests, Lands and Natural Resource Operations, through Front Counter BC, will be administrating the WSA. Rather than just be a regulator, it is time for the Ministry of Energy and Mines to advocate for the industry they represent to make sure that the mining and exploration sectors are not disenfranchised. April 25 th is the beginning of the Chamber of Mines of Eastern BC Prospecting Course. Thanks to all of the instructors who contribute their time and knowledge. Thanks also goes to IRL Supplies of Prince George www.irlsupplies.com/ who are sponsoring the course by providing the chamber with a significantly discounted rate so we can equip all of the students with some of the basic tools required for prospecting.
Transcript
April 2016 Page 1 of 17
MINING: GOOD NEIGHBOUR AND PROVIDER TO THE WORLD WWW.CMEBC.COM
President’s report by Bob Denny: The recent KEG Conference was a success and there were more people attending than last year. Hopefully that is an indication of an upturn in our industry within BC. One of the issues concerning the mineral exploration industry and small scale placer miners this spring has been the new Water Sustainability Act (WSA) which was brought into force in BC on February 29, 2016 along with a number of supporting regulations. The WSA replaces the former Water Act. A water license or use approval under the WSA is required for most uses of water, whether the water is diverted from a stream or an aquifer. However, the WSA does allow some exemptions from this requirement for certain uses of water. A regulatory amendment came into effect on April 15, 2016, which now provides that holders of a permit under section 10 of the Mines Act are exempt from the requirement to obtain a water use permit for 2016 in relation to exploration activities provided they meet certain conditions and adhere to certain requirements. For the exemption rules that will apply to our industry for at least 2016, check out http://bit.ly/1SpYeGq . Within the resulting PDF you can also connect to the full Water Sustainability Act. The Ministry of Environment is responsible for the WSA, regulations and related policy. The Ministry of Forests, Lands and Natural Resource Operations, through Front Counter BC, will be administrating the WSA. Rather than just be a regulator, it is time for the Ministry of Energy and Mines to advocate for the industry they represent to make sure that the mining and exploration sectors are not disenfranchised. April 25th is the beginning of the Chamber of Mines of Eastern BC Prospecting Course. Thanks to all of the instructors who contribute their time and knowledge. Thanks also goes to IRL Supplies of Prince George www.irlsupplies.com/ who are sponsoring the course by providing the chamber with a significantly discounted rate so we can equip all of the students with some of the basic tools required for prospecting.
MINING: GOOD NEIGHBOUR AND PROVIDER TO THE WORLD WWW.CMEBC.COM
Word Search
E B U I C W T L A S A B Z Q E D I X A E P G L G O F
R T A V Y C N J G Q W K M Q D W V O L C A N O T S O
V O T P M A G M A O C L V X A L L U V I A L T O A Y
S T P U E B V K X O Y U X I R C H T I L O H T A B R
V F W E B R F I R R U Z J C G I Z W Q E A I P S I D
G Q M M P G M D S I V Q Q K O T A Y I P F T K U I I
P Q R O A O E A P C N M N R R E G T A P R N N E O Z
C R E S P B C O F X O N H B T N L Z O A S I J L X M
C G I E E A C H B R F S D Z E G B M S N S L E C I X
Q J C Z H T R Z N B O H I B R A O Y P T E F L U D A
Q O A Q N N A I D Y S S F T U M J I P D D H B N A C
L A L M Y V N R T Y S W T W Y Q A M X Q I X R M T S
K G G X V Q Q L E A I E X T R U S I V E M H A D I S
M U F C U S U S G M L M Q L T T W X Z E E I M I O E
W S U A E A K A A L O K F Z E E H T J T N G F P N N
B I R F F T T A J V R L E I T M N M O I T V I S U D
H T N M T E I P Q E A V G W A P Z H N T A V N A O R
Z Y H M N R T L T R Y L A N N U F O C A R E M N Q A
S I K C E U U S O Y K K V Z O D I O Y M Y N A D D H
S Y G G M K U S U Y S V A F B C U D U G H O N S L F
C J O O E L J O Y A H M E Y R M P O Z E E T T T X C
K T D T L G W M I J H R L L A F N O U P A S L O L H
O M Y E E T M M F O C L C B C H T X S Q V E E N U E
Y I H E P O T O S I N Y U V K Y H Z T Y E M B E S R
Z U L E D O E G S S C H I S T W H Z V E O I O J J T
D I K E Q O Q H D M F X V G E O L O G Y R L D O M E
Agate Fault Marble
Alluvial Flint Nappe
Basalt Fossil Nucleus
Batholith Geode Oxidation
Bedrock Geology Pegmatite
Butte Glacier Permafrost
Carbonate Hardness Quartz
Chert Heave Retrograde
Cleavage Hoodoo Rhyolite
Conglomerate Isotope Sandstone
Dike Lava Schist
Dip Limestone Sedimentary
Dome Luster Viscosity
Element Magma Volcano
Epoch Magnetic
Extrusive Mantle
April 2016 Page 7 of 17
MINING: GOOD NEIGHBOUR AND PROVIDER TO THE WORLD WWW.CMEBC.COM
MARGAUX RESOURCES LTD.
Margaux Resources Announces Results from Recent Sampling
CALGARY, ALBERTA - April 12, 2016 - Margaux Resources Ltd. (TSX VENTURE:MRL) ("Margaux") is pleased to announce the results from recent underground sampling at its Jersey Emerald property located near Salmo, BC. The result of this sampling supports the potential for zinc, lead and silver resources remaining in the immediate area of the Emerald 4640 drift.
Highlights from the recent sampling include values over 10% zinc and 20% lead (see below table, samples 4640-02 and 4640-04).
On March 16, 2016, Margaux collected six samples (Table 1) from a historic 12.8 metre south-trending exploration drift (circa 1905). The drift, determined to be at mine level 4640, was discovered during the 2014 East Emerald Tungsten drilling campaign (see new release dated November 5, 2014).
Table 1: Zinc, lead, and silver results from 2016 underground sampling
Sample
ID
From*
m
To
m
Length
m**
Zn
%
Pb
%
Ag
g/T
Description
4640-01 0.0 3.0 3.0 14.15 9.30 4.18 West wall 1.5 m from floor; galena with
sphalerite
4640-02 3.0 6.0 3.0 11.60 23.21 2.99 West wall 1.5 m from floor; galena with
sphalerite
4640-03 6.0 9.0 3.0 14.85 10.55 2.32 West wall 1.5 m from floor; galena with
sphalerite
4640-04 9.0 12.8 3.8 11.45 20.45 3.22 West wall 1.5 m from floor; galena with
sphalerite
4640-05 12.8 12.8 0.9 11.35 13.60 4.40 Face 1.5 m from floor; galena with
sphalerite
4640-06 2.3 5.0 2.7 14.65 0.91 0.49 West wall near floor; sphalerite with
minor galena
* Start of sampling from adit at UTM 483918, 5439716 (NAD83, Zone 11)
** True width of sample not yet known
Samples 4640-01 to 4640-04 were continuous chips along a band of galena-rich mineralization running the length
of the drift. Sample 4640-05 was a chip across the 0.9 m wide galena-rich band at the face. Sample 4640-06 was a
2.7 m sample containing a lower sphalerite-rich lens near the floor of the drift.
The drift that was sampled is located approximately 150 m northeast of drillholes E1419 and E1420, which
delivered elevated zinc and lead results (Table 2, from Margaux news release dated December 2, 2014).
MINING: GOOD NEIGHBOUR AND PROVIDER TO THE WORLD WWW.CMEBC.COM
Underground work is also focused on the excavation of headings for infrastructure including the
conveyor ramp, main sump, access to the second vent raise, explosive magazines, fuel bays, paste
booster pump station, West Zone portal bypass, 1335-meter level crusher dump, 1300-meter level
access pilot drift and pilot raise for the coarse ore bin. 2
Transmission Line
The transmission line contractor has mobilized to site and has commenced civil work preparation.
The towers have begun arriving from the fabricator and installation will be ongoing throughout the
spring and summer, with connection to the BC Hydro power grid expected in the fourth quarter.
To view updated photos of the construction progress please see the following link to the Brucejack
construction photo gallery on our website: www.pretivm.com/photo.
Ian I. Chang, M.A.Sc., P.Eng., Vice President, Project Development, Pretium Resources Inc. is the
Qualified Person (“QP”) responsible for Brucejack Project development.
About Pretivm
Pretivm is constructing a high-grade underground gold mine at its Brucejack Project in northern
British Columbia with commercial production targeted for 2017.
April 2016 Page 12 of 17
MINING: GOOD NEIGHBOUR AND PROVIDER TO THE WORLD WWW.CMEBC.COM
Braveheart Resources Update on Test Results from Whitewater Property near Nelson, BC
Toronto, Ontario - April 6, 2016 - Braveheart Resources Inc. (TSXV: BHT) ("Braveheart" or, the "Company") is pleased to announce the latest progress on its 2016 exploration program for its Whitewater gold property in southeastern British Columbia.
The Company transported approximately 30 kg of material from the Whitewater Property to a commercial gold processing plant. After crushing and blending the entire sample, two separate pulps were prepared and each was analyzed in duplicate. The overall average of the four analyses was 15.64 g/t Au.
The plant's technical team then proceeded with the balance of its standard metallurgical testwork which included leach tests and multi-element geochemistry. The head grades of the material tested ranged between 8.77 and 18.57 g/t Au. Recoveries were calculated using an average of 8.89 g/t Au. The associated bottle roll results showed an average gold recovery of 95.12%.
Subsequent to these tests Braveheart has received a draft copy of an ore purchase and sale agreement from the commercial gold processing plant. The Company intends to review the document and use it as a basis to negotiate an arrangement for the plant to process material from the planned 1,000 tonne bulk sample this year. This implies that Braveheart would excavate the material at the Whitewater deposit, load it into trucks and haul this material directly to the processing plant. The agreement spells out in detail the amount Braveheart would receive based on assays from the delivered product.
Braveheart expects to submit its application for the bulk sampling permit before the end of April.
The Company has already received a permit from the British Columbia Ministry of Energy and Mines
for a 1,500m drill program on the Whitewater property in 2016. For more information go to
