NI 43-101 Technical Report on the Yenipazar Optimization Study Yozgat Province, Turkey
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NI 43-101 Technical Report on the Yenipazar Optimization Study Yozgat Province, Turkey for Aldridge Minerals Inc. by Jacobs Minerals Canada Inc. Project No. CD1906.00 PREPARED BY THE FOLLOWING QUALIFIED PERSONS: Tracy Armstrong, P.Geo. Robbert Borst, C.Eng. Fred Brown, CPG, P.Geo. Aron Cleugh, P.Eng. Steve Hall, B.Sc. Mike Hallewell, B.Sc., FIMMM., FSAIMM., FMES., C.Eng. William Harding, FGS, C. Geol. Timothy Hayes, P.Eng. Graham Holmes, P.Eng. Jay Horton, P.Eng. Ken Kuchling, P.Eng. Eugene Puritch, P.Eng. Effective Date: April 15, 2014 Signing Date: May 23, 2014 May 2014 Date and Signature Page The effective date of this Technical Report entitled, “Technical Report on the Yenipazar Optimization Study, Yozgat Province, Turkey”, is April 15, 2014. The undersigned have prepared the Technical Report in accordance with National Instrument 43-101 Guidelines for Technical Reports. Tracy Armstrong (Signed and Sealed) May 23, 2014 Tracy Armstrong, P. Geo. Dated at Magog, Canada Geological Consultant P&E Mining Consultants Inc. Robbert Borst (Signed and Sealed) May 23, 2014 Robbert Borst, C. Eng. Dated at Toronto, Canada V.P. Project Development Aldridge Minerals Inc. Fred Brown (Signed and Sealed) May 23, 2014 Fred Brown, CPG, P. Geo. Dated at Lyndon, USA Geological Consultant P&E Mining Consultants Inc. Aron Cleugh (Signed and Sealed) May 23, 2014 Aron Cleugh, P.Eng. Dated at Mississauga, Canada Lead Metallurgist Orway Minerals Corp. Steve Hall (Signed and Sealed) May 23, 2014 Steve Hall, B.Sc. Dated at Denver, U.S.A Manager, Estimating Jacobs Minerals Canada Inc. Mike Hallewell (Signed and Sealed) May 23, 2014 Mike Hallewell, B.Sc., FIMMM., FSAIMM., FMES., C. Eng. Dated at Truro, UK Principal Metallurgist SGS Minerals Services UK Ltd. Aldridge Minerals Inc. Yenipazar Project May 2014 1 Date and Signature Page William Harding (Signed and Sealed) May 23, 2014 William Harding, FGS, C. Geol. Dated at Bristol, UK Principal Consultant and Hydrogeologist SRK Consulting (UK) Ltd. Timothy Hayes (Signed and Sealed) May 23, 2014 Timothy Hayes, P. Eng. Dated at Toronto, Canada Project Engineer Jacobs Minerals Canada Inc. Graham Holmes (Signed and Sealed) May 23, 2014 Graham Holmes, P. Eng. Dated at Toronto, Canada Senior Process Specialist – Mineral Processing Jacobs Minerals Canada Inc. Jay Horton (Signed and Sealed) May 23, 2014 Jay Horton, P.Eng. Dated at Vancouver, Canada Manager, Technical Services Norwest Corp. Ken Kuchling (Signed and Sealed) May 23, 2014 Ken Kuchling, P. Eng. Dated at Toronto, Canada Senior Mining Consultant P&E Mining Consultants Inc. Eugene Puritch (Signed and Sealed) May 23, 2014 Eugene Puritch, P. Eng. Dated at Brampton, Canada President P&E Mining Consultants Inc. Aldridge Minerals Inc. Yenipazar Project May 2014 2 CERTIFICATE of AUTHOR TRACY J. ARMSTRONG, P.GEO. I, Tracy J. Armstrong, residing at 2007 CheminGeorgeville, res. 22, Magog, QC J1X 0M8, do hereby certify that: 1. I am an independent geological consultant contracted by P&E Mining Consultants Inc. and have worked as a geologist continuously since my graduation from university in 1982. 2. This certificate applies to the technical report titled “Technical Report on the Yenipazar Optimization Study, Yozgat Province, Turkey” (the “Technical Report”) with an effective date ofApril 15, 2014. 3. I am a graduate of Queen’s University at Kingston, Ontario with a B.Sc. (HONS) in Geological Sciences (1982). I am a geological consultant currently licensed by the Order of Geologists of Québec (License 566), the Association of Professional Geoscientists of Ontario (License 1204) and the Association of Professional Engineers and Geoscientists of British Columbia, (Licence No. 34720). I have read the definition of "qualified person" set out in National Instrument 43-101 (NI 43-101) and certify that by reason of my education and past relevant work experience, I fulfill the requirements to be a "qualified person" for the purposes of NI 43-101. This report is based on my personal review of information provided by the Issuer and on discussions with the Issuer’s representatives. My relevant experience for the purpose of the Technical Report is: Underground production geologist, Agnico-Eagle Laronde Mine ................................................... 1988-1993 Exploration geologist, Laronde Mine ............................................................................................... 1993-1995 Exploration coordinator, Placer Dome ............................................................................................. 1995-1997 Senior Exploration Geologist, Barrick Exploration ......................................................................... 1997-1998 Exploration Manager, McWatters Mining ....................................................................................... 1998-2003 Chief Geologist Sigma Mine ..................................................................................................................... 2003 Consulting Geologist ....................................................................................................................... 2003- 2005 P&E Mining Consultants Inc. – Sr. Associate Geologist……………………………………...2005 to Present 4. I have not visited the Property that is the subject of this Technical Report. 5. I am responsible for authoring Sections 4-12 and 23 of this Technical Reportalong with those sections of the Summary pertaining thereto. 6. I am independent of issuer applying the test in Section 1.5 of NI 43-101. 7. I have had prior involvement with the project that is the subject of this Technical Report. The nature of my prior involvement was co-authoring several technical reports, the latest of which was titled “Technical Report and Feasibility Study on the Yenipazar Polymetallic Project, Yozgat Province, Turkey” with an effective date of April 3, 2013. 8. I have read NI 43-101 and Form 43-101F1 and the Technical Report has been prepared in compliance therewith. 9. As of the date of this certificate, to the best of my knowledge, information and belief, the Technical Report contains all scientific and technical information that is required to be disclosed to make the Technical Report not misleading. Effective Date: April 15, 2014 Signing Date: May 23, 2014 {SIGNED AND SEALED} [Tracy J. Armstrong] ________________________________ Tracy J. Armstrong, P.Geo. CERTIFICATE OF QUALIFIED PERSON ROBBERT BORST, C.ENG. I, Robbert Borst, C. Eng., residing in Oakville, Ontario do hereby certify that: 1. I am employed as the Vice President – Project Development with Aldridge Minerals Inc. 2. This certificate applies to the technical report titled “Technical Report on the Yenipazar Optimization Study, Yozgat Province, Turkey”, with an effective date of April 15, 2014. 3. I graduated with a Bachelor of Science degree in Mining Engineering from the Camborne School of Mines, Cornwall, UK. I have worked as a mining engineer for a total of 31 years since obtaining my degree. I am a C. Eng., registered with the Engineering Council in the United Kingdom (No. 429203). I have read the definition of “qualified person” set out in National Instrument 43-101 (“NI 43-101”) and certify that by reason of my education, affiliation with a professional association (as defined in NI 43-101) and past relevant work experience, I fulfill the requirements to be a “qualified person” for the purposes of NI 43-101. 4. I have visited the Property that is the subject of this Technical Report. 5. I am responsible for authoring item 16.4 to 16.7 and item 22 of the report and co-authoring items 1, 21, 25 and 26. 6. I am not independent of the Issuer. 7. I have had prior involvement with the project that is the subject of this Technical Report. I have worked for Aldridge Minerals since May 1, 2012 and have visited the Yenipazar property 7 times in the past two years. 8. I have read NI 43-101 and Form 43-101F1 and the Technical Report has been prepared in compliance therewith. 9. As of the date of this certificate, to the best of my knowledge, information and belief, the Technical Report contains all scientific and technical information that is required to be disclosed to make the Technical Report not misleading. Effective Date: April 15, 2014 Signed Date: May 23, 2014 {SIGNED AND SEALED} ________________________________ Robbert Borst, C. Eng. CERTIFICATE OF QUALIFIED PERSON FRED H. BROWN, P.GEO. I, Fred H. Brown, residing at Suite B-10, 1610 Grover St., Lynden WA, 98264 USA, do hereby certify that: 1. I am an independent geological consultant and have worked as a geologist continuously since my graduation from university in 1987. 2. This certificate applies to the technical report titled “Technical Report on the Yenipazar Optimization Study, Yozgat Province, Turkey”with an effective of April 15, 2014. 3. I graduated with a Bachelor of Science degree in Geology from New Mexico State University in 1987. I obtained a Graduate Diploma in Engineering (Mining) in 1997 from the University of the Witwatersrand and a Master of Science in Engineering (Civil) from the University of the Witwatersrand in 2005. I am registered with the South African Council for Natural Scientific Professions as a Professional Geological Scientist (registration number 400008/04), the American Institute of Professional Geologists as a Certified Professional Geologist (certificate number 11015) and the Society for Mining, Metallurgy and Exploration as a Registered Member (#4152172). I have read the definition of “qualified person” set out in National Instrument 43-101 (“NI