The technical information in this website has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43- 101 and reviewed on behalf of the company by Ross McElroy, P.Geol. Director and Chief Geologist for Shine Minerals Corp., a Qualified Person.
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This Site information and Content is not intended to be a comprehensive review of all matters relating to or concerning Shine Minerals and Shine Minerals assumes no responsibility regarding completeness or accuracy. The information in no way constitutes or shall be deemed to constitute an offering or solicitation of securities. No securities commission or other regulatory authority in Canada, the U.S. or any other jurisdiction has in any way passed upon this information and Shine Minerals makes no warranty or representation to that effect.
Shine Minerals investor relations material was accurate at time of posting, but may be superseded by subsequent disclosures.
Regarding Borys Lake Deposit
*The most recent drilling on Borys Lake deposit was completed by Husky in 1972 on what is referred to as the Main zone. During that winter program, Husky discovered and followed up with an initial 10 hole delineation drill program. Husky was sufficiently encouraged with results that they prepared an initial tonnage and grade estimate of the Main zone of the Borys Lake deposit. Husky’s calculations are based on limited drill information and only provide an inventory of the metal distribution within that portion of the zone tested by 10 holes. The Main zone was interpreted to have an approximate strike length of 975 m and widths varying from 5.3 to 19.5 m. In a report titled “Preliminary Calculation of Grade and Tonnage Borys Lake – Lead-Zinc Prospect for Husky Oil Operations Ltd.”, dated May 1972, the author reported that using all grades without applying a cut-off, and using a cut-off vertical depth of 30 m, the deposit was calculated to contain 1,336,500 tons grading 1.91% combined zinc and lead (the zinc to lead ratio is approximately 10:1). The deposit calculations are considered to be relevant, but are historical. The report does not make reference to the estimate being an inferred mineral resource, indicated mineral resource nor measured mineral resource nor does it make reference to being a probable mineral reserve or proven mineral reserve as per NI 43-101 Standards of Disclosure for Mineral Projects. This estimate is believed to be the most current available. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or current mineral reserves and Shine Minerals is not treating the historical estimate as current mineral resources or current mineral reserves. Shine Minerals has not verified the calculations or the assay results supporting them, nor has Shine Minerals done the drilling and sampling necessary to verify the classification of the resource or reserve. The Watts Lake package includes all four mineralized zones of the Borys Lake deposit: Main, Mac, Cam and Will A/B zones. Although not part of the grade and tonnage estimate, other significant minerals are noted in the historic literature filed on this property, including anomalous silver and gold.
The information on this website may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Any historical resource estimates were completed prior to the implementation of NI 43-101 and the Company has not done the work necessary to verify the classification of the resource or reserve, they should not be relied upon or considered a defined resource according to NI 43-101; Except for those properties where NI 43-101 have been completed.
The technical information in this corporate presentation has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43- 101 and reviewed on behalf of the company by Ross McElroy, P. Geol., a qualified person.
Certain information contained in this press release constitutes “forward-looking information", within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", “forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur", "be achieved" or “has the potential to”. Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of Shine Minerals Corp. which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.
MATERIAL CONTAINED IN THIS WEBSITE IS FOR INFORMATION PURPOSES ONLY AND IS NOT INTENDED TO CONSTITUTE AN OFFERING OF SECURITIES IN ANY JURISDICTION.
The information provided in this website is not intended to qualify, amend, modify or supplement Fission’s continuous disclosure documents. Readers are directed to obtain official copies of the company’s continuous disclosure documents at www.sedar.com. The information provided by this website should not be used for the purpose of making investment decisions. If you are contemplating trading in Shine Minerals securities, you should contact the company to obtain printed copies of the documents you wish to review.
The information and materials available on this website are not intended to provide specific legal, accounting, financial, investing or tax advice to any user. Any decisions you make based on information contained in this website are your sole responsibility. The documents and information available on this website are provided as a convenience only and where any documents on this website have been filed in accordance with applicable securities laws, such documents are not the official versions of Shine Minerals' continuous disclosure documents. No information contained in this website constitutes or should be deemed to constitute an invitation to invest or otherwise deal in the securities of Shine Minerals.
Statements contained in this website include forward-looking statements. Forward-looking statements address future events and conditions which involve inherent risks and uncertainties. Actual results could differ materially from those expressed or implied by them. Examples of forward looking information and assumptions include future estimates of the worldwide supply and demand for zinc and the effect that these changes could have on the short term and long term price of zinc on the world markets.
In some cases, forward-looking statements can be identified by terminology such as “may”, “will”, “should”, “expect”, “projects”, “plans”, “anticipates” and similar expressions. These statements represent management’s expectations or beliefs concerning, among other things, future operations and various components thereof affecting the economic performance of Shine Minerals. Undue reliance should not be placed on these forward-looking statements which are based upon management’s assumptions and are subject to known and unknown risks and uncertainties, including the business risks discussed above, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted.
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Revisions and Errata
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