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The CIM Definition Standards on Mineral Resources and Reserves (CIM Definition Standards) establish definitions and guidance on the definitions for Mineral Resources, Mineral Reserves, and mining studies used in Canada. The Mineral Resource, Mineral Reserve, and mining study definitions are incorporated, by reference, into National Instrument 43-101 – Standards of Disclosure for Mineral Projects (NI 43-101). The CIM Definition Standards can be viewed at mrmr.cim.org.
The Cajon Borate Deposit lies within Bacanora Minerals Ltd’s Magdalena Basin Project area in the state of Sonora, Northern Mexico. The Magdalena project consists of 2 concession blocks covering a total of 15,508 hectares. The concessions are 100% owned by Bacanora’s Mexican subsidiary: Minera Sonora Borax S.A. de C.V., subject to a 3% royalty to a Rio Tinto subsidiary and a 3% gross over-riding royalty to Colin Orr-Ewing. The property is road accessible and located 17 kilometres east of the town of Magdalena de Kino and has excellent access from that centre, either by rail or truck, to local markets for borate or to overseas markets from the port at Guaymas. <...>
This report (the “Report”) was prepared for Lithium Americas Corp. (the “Company” or “LAC”) to document the methods and results of a Measured, Indicated and Inferred Resource Estimate on mineral claims held by the Company. The estimate applies to lithium and potassium contained in brine within the basin of the Olaroz and Cauchari Salars, two adjacent salt lakes in the Jujuy Province of northwestern Argentina. <...>
Bacanora Minerals Ltd. (Bacanora), a Calgary based capital pool company, has agreed to acquire all the shares of Mineramex Limited, which indirectly owns the Magdalena and Tubutama Concessions, as a Qualifying Transaction as defined by the TSX Venture Exchange (the Exchange or TSX-V). MineTech International Limited (MineTech) was commissioned by Bacanora to conduct an independent review of the Magdalena and Tubutama Concessions to meet the TSX-V requirements for the purchase of these Concessions from Mineramex. The Concessions are held by two wholly-owned subsidiaries of Mineramex - Minerales Industriales Tubutama, S.A. de C.V. (MIT), which owns the Tubutama Concessions, and Minera Sonora Borax, S.A. de C.V. (MSB), which owns the Magdalena Concessions. In 2008, the Magdalena Concessions were acquired from Minera Santa Margarita S.A. de C.V. (MSM), a Mexico registered subsidiary of Rio Tinto Group.<...>
Wardell Armstrong International Limited (“WAI”) was commissioned by Lundin Mining Corporation (“Lundin”) to prepare an updated Technical Report in accordance with the disclosure requirements of Canadian Securities Administrators’ National Instrument 43-101, Standard of Disclosure of Mineral Projects (“NI 43-101”) to disclose recent information about the Neves-Corvo underground mine located on the Neves-Corvo integrated Mining Concession, and the surrounding Exploration Concession (collectively “Neves-Corvo”). This information has been derived from a Feasibility Study (“FS”) undertaken by Lundin on the Zinc Expansion Project (“ZEP”) at Neves-Corvo and includes anupdated Mineral Resource and Mineral Reserve estimate.