48 48 Page 48 Harte Gold another Northern Ontario gold mine became operational this summer Harte Gold is focused on the explo ration and development of its 100 owned Sugar Zone property where it has rece ntly completed a 70000 tonne advanced exploration bulk sample at the Sugar Zone Deposit Harte Gold mined 30000 tonnes under its phase I production permit The Sugar Zone property is located 80 kilometers east of the Hemlo Gold Camp and 25 km north of White River of the T ransCanada Highway 17 On June 06 2018 Harte announced it had fled a technical report and Pre liminary Economic Assessment for the Sugar Zone Project The report was prepared in compliance with Na tional Instrument 43101 Standards for Disclosure for Mineral Projects and is availab le on the Company s website at www hartegoldcom and under the company s profle on SE DAR at www sedar com The report was prepared by Eugene Puritch P Eng FEC CET and An drew Bradfeld P Eng of PE Min ing Consultant s Inc both of whom are qualifed persons as defned in NI 43101 and supports the scien tifc and technical disclosure in the Company s press release dated May 3 2018 According to Harte Gold the com pany holds an NI 43101 compli ant Indicated Resource of 11 17000 tonnes grading of 841 gramst au for 302000 ounces of contained gold and an Inferred Resource of 417000 tonnes grading 713 gramst au for 95000 ounces of contained gold Using a 30 gt au cutof the min eral resource estimate dated February 15 2018 contains an Indicat ed Min eral Resource estimate of 2607000 tonnes grading 852 gt au for 714200 ounces of contained gold and an In ferred Mineral Resource Estimate of 3590000 tonnes grading 659 gt au for 760800 ounces of contained gold The mineral resource was prepared in compliance with NI 43101 guide lines Robert Kusins P Geo and Harte Gold s senior Mineral Re source geologist is the Company Qualifed Person for Harte Gold The company reported on the results of its preliminary economic assess ment and found the following results at Sugar Zone 80700 ounces of average annual gold production at a C1 cash cost of US507oz Au and AISC of US708 oz Au over an 1 1 year mine life from 2019 onwards 904000 ounces of total recovered gold productio n over mine life ap proximately two thirds of the com bined Indicated and Inferred Mineral Resources announced February 15 2018 The PEA studied a phased develop ment approach starting with an open pit mine Check with the goal of achieving near term cash fow while Contd on pg 50 Page 48 New Northern Ontario Gold Mine Page 49 By Frank Giorno Epiroc is a name that while relatively new on the Canadian mining equip ment front is backed by over 100 years of rock solid experience at Atlas Copco Atlas Copco voted to created Epiroc as a separate subsidiary company to focus on mining and civil engineer ing customers On January 16 2017 Atlas Copco Board of Directors an nounced that they were preparing a proposal to split the group into two companies Atlas Copco focused on industrial customers and the new onenow named Epirocwould fo cus on mining and civil engineering customers W ith Epiroc we have found a short distinct and timeless name that is spot on for the mining and civil engineer ing business said Annika Ber glund Senior V ice President Corporate Communications and Governmental Afairs Epiroc was selected out of almost 1000 names evaluated Epi is a pre fx meaning on or at in Latin and Greek Roc signals stability and du rability and rock is one of the most important materials that the company works with In Canada the Epiroc or ganization began operatin g as a legal entity on Sept 1 2017 Epiroc Canada consists of over 400 employees and hosts 20 branch ofces nationwide dedicated to supporting our customers needs Epiroc develops and produces inno vative equipment consumables and service for use in surface and under ground mining infrastructu re civil works well drilling and geotechni cal applications Epiroc ofers a wide range of exploration drilling rigs which are designed to meet many diferent requirements and needs in cluding ore body defnition reserve evaluation ground investigation sur face green feld exploration and also reverse circulation for obtaining high quality samples For more informa tion see httpswww epiroccomen usapplicationsminingexploration Epiroc is headquartered in Stock holm Sweden had revenue of 259 Cdn billion in 2017 It has more than 13000 employees serving customers in more than 150 countries For more information please visit www epiroc groupcom The annual general meeting of Atlas Copco AB decided on April 24 2018 to distribute all shares of Epiroc AB to the shareholders of Atlas Copco AB The Board of Directors was autho rized to determ ine the record date for the distributio n Nasdaq announced Epiroc AB started trading of its shares on the main market of Nasdaq Stock holm on June 18 2018 Atlas Copco is a lar ge industrial or ganisation and the board of directors saw the beneft in having a more min ingfocused company W ith this new set up Epiroc will be much more fo cused on our industry with the ability to advance our innovations at a quick er pace said Jason Smith General Manager Epiroc Customer Center Epiroc is devoted to providing cus tomers with products and services that enhance their productivity en er gy efciency safety and er gonom ics W e are a new company that has over 144 years of mining experience Smith added For more information see httpsen er g y in d u s tr y r ev iew co mmetals min in gatlas copconew miningdivis io n Among it s Canadian customer s is Eldorado Gold The company was one of the frst mining companies to receive the new Epiroc Boomer S2 C The rig has been hard at work since Jan 18 at its Lamaque gold project in V al dOr QC The size of the Boomer S2 C face drilling rig makes it ideal for mining or narrow tunneling applications up to 56 square meters W ith BMH 6814 feeds the 4WD articulated rig is 122 m long and 2 m wide with a 42degree turning radius Optional BMHT tele scopic feeds are available for bolting operations Epiroc s heritage dates back to 1873 when Andre Oscar W allenber g and associates founded the company Atlas in Stockholm producing equipment for the Swedish railway network The frst rock drill was produced in 1905 and Atlas Copco has over the years developed to be one of the leading companies in rock drilling and ex cavation equipment and services for mining and infrastructure Page 49