ARGONAUTGOLD wrote: The document you’re referring to is a technical report for the Magino Gold Project located in Ontario, Canada. This report is prepared in accordance with National Instrument 43-101 (NI 43-101), which is a regulation set by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects.
The report provides an update on the mineral resources and mineral reserves of the Magino Gold Project. Mineral resources refer to concentrations of minerals that are of such size, grade, and proximity to a market that they have reasonable prospects for eventual economic extraction. Mineral reserves, on the other hand, are the economically mineable part of a measured or indicated mineral resource.
The report is prepared for Argonaut Gold Inc., the company that owns the Magino Gold Project. The preparation of the report involves several qualified persons, including John M. Marek from Independent Mining Consultants, Inc., Christo Marais and Kyle L. Stanfield from Argonaut Gold Inc., Philip Addis from SLR Consulting (Canada) Ltd., and Tommaso Roberto Raponi from T.R. Raponi Consulting Ltd1. These individuals are recognized professionals (engineers, geoscientists, etc.) who are qualified to prepare such reports.
The report is typically made available to the public and can be found on websites like SEDAR. It provides valuable information to potential investors and other stakeholders about the project’s potential for economic viability.
Your suggestion that the document is merely assumptions made by the company is entirely incorrect. It’s evident that you haven’t performed a comprehensive analysis, nor have you reached out to the company to verify that your concerns are unfounded. To imply that the NI 43-101 technical report for Magino, a regulation that establishes standards for public disclosure of scientific and technical information about mineral projects, is just assumptions by Argonaut Gold, is preposterous and irresponsible.