RE:RE:RE:RE:RE:RE:RE:RE:RE:15 million sale of assets coming cont'd
Notes:
1)
The Company is not basing its Dufferin production decision on a feasibility study of mineral reserves demonstrating economic and technical viability; as a result there is
increased uncertainty and economic and technical risks of failure associated with its production decision. The PEA on which the Compnay is basing its production decision
is preliminary in nature: it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that
would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. A PEA is a conceptual study
of the potential viability of mineral resources. The economic viability of the inferred mineral resources has not been demonstrated.
https://www.rcgcorp.ca/assets/docs/RCG%20Corporate%20Presentation%20May%202017%20Web-1495132140.pdf
Notes:
1)
The Company is not basing its Dufferin production decision on a feasibility study of mineral reserves demonstrating economic and technical viability; as a result there is
increased uncertainty and economic and technical risks of failure associated with its production decision. The PEA on which the Compnay is basing its production decision
is preliminary in nature: it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that
would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. A PEA is a conceptual study
of the potential viability of mineral resources. The economic viability of the inferred mineral resources has not been demonstrated.
https://www.rcgcorp.ca/assets/docs/RCG%20Corporate%20Presentation%20May%202017%20Web-1495132140.pdf