NI 43-101 Independent Technical Report Mount ... - Adex Mining Inc.

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NI 43-101 Independent Technical Report Rev 02 January 22 nd , 2010 Mount Pleasant North Zone Preliminary Assessment (Project 6526-03) 6-1 SECTION 6.0 HISTORY The history of past mining/milling operations, exploration and development, and drilling programs has been well summarized in the NI 43-101 Technical Report on the North Zone (Watts, Griffis, McOuat, 2009). Thibault & Associates Inc. Applied Process Chemical Engineering
NI 43-101 Independent Technical Report Rev 02 January 22 nd , 2010 Mount Pleasant North Zone Preliminary Assessment (Project 6526-03) 7-1 SECTION 7.0 GEOLOGICAL SETTING 7.1 Regional Geology The Mount Pleasant deposits are located in southern New Brunswick within the Appalachian Orogen in eastern Canada. The deposits occur within gently dipping Late Devonian Piskahegan Group volcanic and sedimentary rocks that are the remnants of a large epicontinental caldera complex (Sinclair et al, 2005). The regional geology in the mine area (see Figure 7-1) is dominated by the Mount Pleasant Caldera, the exposed part measuring approx 13 km by 17 km (Adex Mining Inc., 1995). Multiple layered granitic intrusive rocks and associated mineralization at Mount Pleasant were emplaced along the southwestern margin of the caldera complex. This structure occurs within the northern extension of the Appalachian geosynclinal belt and is situated on the southeast flank of New Brunswick’s Central Basin (Adex Mining Inc., 1995). 7.2 Local Geology Figure 7-1: Regional Geology in Area of Mount Pleasant, New Brunswick (Figure Credit: Watts, Griffis & McOuat) The best geological map of the property was produced by Billiton Exploration Canada Limited in 1985. Since then, the property has never been mapped in detail. The interpretation of the geology at Mount Pleasant in and around the deposits has been obtained from diamond drilling information. The local geology of the property is shown in Figure 7-2 Thibault & Associates Inc. Applied Process Chemical Engineering
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Mount Pleasant Property North Zone
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North Zone Run-of-Mine Ore Reclaim
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North Zone Run-of-Mine Ore From Min
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Ground Ore From Grinding Desliming
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Lime / Acid Tin Ore From Arsenic Fl
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Sodium Hydroxide Process Water Trea
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Zinc Flotation Water Bleed Slimes F
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Reclaim Water from Tailings Dewater
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Reagent Storage Reagent Preparation
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MASS AND ENERGY BALANCE SIMULATION
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CAPEX Processing Cost-Curve (Order
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OPERATING COST SUMMARY CASE: A - Ti
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SITE ADMINISTRATION COST SUMMARY CA
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OPERATING COST SUMMARY CASE: B - Ti
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SITE ADMINISTRATION COST SUMMARY OP
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NI 43-101 Independent Technical Report Mount ... - Adex Mining Inc.

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