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International Iconic Gold Exploration Corp V.ICON

Alternate Symbol(s):  MFMLF

International Iconic Gold Exploration Corp. is a Canada-based company, which is engaged in the business of acquiring, exploring, and evaluating mineral resource properties focusing on gold assets. The Company's primary business is the development of the San Roque property, which is a gold exploration project located in the Rio Negro Province of Argentina (the San Roque Project) and the acquisition and development of other gold assets. The San Roque Project is made up of numerous mineralized zones and contains a drill defined bulk tonnage base metal resource estimate comprising gold, silver, lead, zinc, and indium. The San Roque Project is approximately 88,057.62 hectares. The mining rights are made up of 14 mineral tenures and three granted concessions (Minas) containing 95 mining claims (pertenencias) of around one square kilometer each that total 9,449 hectares. Its other gold mineral exploration properties Castano property, Ortiquita property and Lago Fontana (Ferrocarillera).


TSXV:ICON - Post by User

Post by Thecook100on Nov 16, 2021 7:30am
164 Views
Post# 34130557

Finally excellent news especially w recent buyout if SR

Finally excellent news especially w recent buyout if SRV.ICON | 27 minutes ago VANCOUVER, British Columbia, Nov. 16, 2021 (GLOBE NEWSWIRE) -- International Iconic Gold Exploration Corporation (TSXV: ICON) (OTC: MFMLF) (FRA: MMRB) (Iconic Gold or the Company)announces that, in coherence with is new business development plans, it has embarked on a preliminary bench-scale metallurgical study program (the Program) of its wholly owned San Roque Gold endowed low-sulphidation epithermal polymetallic mineral deposit (San Roque). The property is located in Northeast Patagonia near the Atlantic coast in the Province of Rio Negro, Argentina, and is held by Minas San Roque S.A., a wholly owned subsidiary of the Company. The main objective of the Program is to determine the practicability of recovering the metallic minerals and metal elements, mainly gold, from the San Roque deposit. Another objective is to gain data which the Company intends to use to convert as much of the projects National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) Inferred Mineral Resources (see the Companys SEDAR filing of September 12, 2019 Technical Report (the Technical Report)) possible, to a higher resource category (Indicated or Measured, as such terms are defined the Canadian Institute of Mining, Metallurgy and Petroleum), thereafter to be potentially applied in the preparation of a Preliminary Economic Assessment (or PEA) for a potential mining project. Our NI 43-101 technical results for San Roque showed 1,499,900 ounces of Gold Equivalent, commented Robert Abenante, President and CEO of Iconic Gold. We believe by performing metallurgy, we can increase the resource categories and even potentially be in a position to prepare a PEA on the project, which will significantly increase its value, continued Mr. Abenante.
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