Sunward is a wholly owned subsidiary of NovaCopper. For further information please go to NovaCopper's website at www.novacopper.com.
Sunward Resources Ltd.
Sunward Resources is a well-capitalized, Canadian-based company focused on the exploration and development of gold/copper porphyry projects in Colombia. The 100%-owned Titiribi Project is located approximately 70 kilometres southwest of the city of Medellin, Colombia, in Antioquia department, within the historical Titiribi mining district (estimated total production of 1.5 to 2 million ounces gold equivalent). Access is by paved highway from Medellin.
Titiribi hosts 4.63 million ounces gold, 6.22 million ounces of gold equivalent, and 654.4 million pounds of copper in the Measured & Indicated Mineral Resource category. It hosts an additional 6.01 million ounces gold, 6.53 million ounces of gold equivalent, and 216.3 million pounds of copper in the Inferred Mineral Resource category.*
For more information, please see the Company's news release dated September 12, 2013.
Our Project in Colombia
Our most advanced project at Titiribi is located within the mid-Cauca Gold Belt, which is developed along the Romeral Fault system. The project is located in the Municipality of Titiribi, in the Department of Antioquia, Colombia, located only 70 kilometres WSW of the second largest city in Colombia, Medellin.
Heather White, P.Eng, is a consultant to the Company. She is a qualified person under National Instrument 43-101 and has reviewed and approved all of the scientific and technical information on this website other than the NI 43-101 technical reports on the Company's Titiribi project.
*NI 43-101 compliant Measured & Indicated Mineral Resource of 4.63 million ounces gold (within 285.8 million tonnes grading 0.50 grams/tonne gold, using a 0.3 grams/tonne gold cut-off). Within this Resource is contained a Measured Mineral Resource of 51.6 million tonnes grading 0.49 grams/tonne gold and 0.17% copper, along with an Indicated Mineral Resource of 234.2 million tonnes grading 0.50 grams/tonne gold (within which 39.7 million tonnes contains 0.62 grams/tonne gold and 0.16% copper). Additionally, the project has an Inferred Mineral Resource of 6.01 million ounces gold (within 349.4 million tonnes grading 0.53 grams/tonne gold, using a 0.3 grams/tonne gold cut-off), within which 153 million tonnes contains 0.57 grams/tonne gold and 0.06% copper. These resources are based solely on the Cerro Vetas, NW Breccia, and Chisperos Zones. See the Company's press release dated September 12, 2013 as published on SEDAR and on the Company's website, as well as the report by Behre Dolbear & Company (USA), Inc. dated September 9, 2013 titled "Technical Report on the Titiribi Project, Department of Antioquia, Colombia". Behre Dolbear assigned Mr. Joseph A. Kantor and Dr. Robert E. Cameron to undertake the project. Both are recognized as Qualified Professionals by the Mining and Metallurgical Society of America (MMSA) and as Qualified Persons under NI 43-101.
** Gold Equivalence estimated using $1,300 per ounce gold at 83% recovery and $2.90 per pound copper at 90% recovery.