Strongbow Provides Clarification on the NI 43-101 Mineral Resource Estimate for the South Crofty Tin Project
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/20/16 -- Strongbow Exploration Inc. (TSX VENTURE: SBW) - As a result of a review by the British Columbia Securities Commission, we are issuing the following news release to clarify our disclosure regarding the mineral resource estimate contained in the NI 43-101 Technical Report for the South Crofty tin project announced April 19, 2016, and filed on SEDAR June 1, 2016.
The resource estimate comprises two zones:
Additional detail can be accessed from the NI 43-101 Technical Report on the Company's SEDAR page or from Strongbow's website at
Qualified Person
Mr. Eugene Puritch, P. Eng., lead author of the NI 43-101 Technical Report and a "Qualified Person" as defined in NI-43-101 has reviewed and approved the contents of this news release.
ON BEHALF OF THE BOARD OF DIRECTORS
"Richard D. Williams"
Richard D. Williams, P.Geo
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains "forward-looking statements" related to the estimation of a mineral resource.
The mineral resource figures referred to in this press release are estimates and are therefore insufficient to allow meaningful application of the technical and economic parameters to enable an evaluation of the technical or economic viability and no assurances can be given that mining of the South Crofty project will be technically viable or that the indicated levels of tin will be produced. Such estimates are expressions of judgment based on knowledge, mining experience, analysis of drilling results and industry practises. Valid estimates made at any given time may significantly change when new information becomes available. While the Company believes that the resource estimates included in this press release are well established, by their very nature, resource estimates are imprecise and depend, to a certain extent, upon statistical inferences which may ultimately prove unreliable. If such estimates are inaccurate or are reduced in the future, this could have a material adverse impact on the Company.
Forward-looking statements, while based on management's best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to receipt of regulatory approvals, the successful integration of acquisitions; risks related to general economic and market conditions; risks related to the availability of financing; the timing and content of upcoming work programs; actual results of proposed exploration activities; possible variations in mineral resources or grade; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; changes in national and local government regulation of mining operations, tax rules and regulations.
Although Strongbow has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Strongbow undertakes no obligation or responsibility to update forward-looking statements, except as required by law.
Contacts:
Chief Executive Officer
Richard Williams
(604) 638 8005
Blytheweigh (Financial PR/IR - London)
Camilla Horsfall
Megan Ray
+44 (0) 207 138 3204
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Datum: 20.07.2016 - 18:23 Uhr
Sprache: Deutsch
News-ID 484432
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contact information:
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VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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