TORONTO, May 6, 2016 /CNW/ - AuRico Metals Inc. (TSX:
AMI) ("AuRico" or the "Company") is pleased to announce it has
filed on SEDAR (www.sedar.com) a National Instrument 43-101 ("NI
43-101") Technical Report for the Kemess Underground Project and
Kemess East Resource Estimate located on the Company's 100%-owned
property in British Columbia,
Canada.
This update supports the disclosure made by the Company in its
news releases dated March 23, 2016
entitled "AuRico Metals Announces Positive Feasibility Study Update
for the Kemess Underground Gold-Copper Project" and "AuRico Metals
Identifies High Grade Core to Kemess East Deposit".
The NI 43-101 technical report assumes a base case gold price of
US$1,200 per ounce, whereas the
March 23, 2016 press release assumed
US$1,250 per gold ounce. There are no
material differences in the NI 43-101 technical report from the
results disclosed in the news releases.
About AuRico Metals
AuRico Metals is a mining royalty and development company whose
producing gold royalty assets include a 1.5% NSR royalty on the
Young-Davidson Gold Mine, a 0.25% NSR royalty on the Williams Mine
at Hemlo, and a 0.5% NSR royalty
on the Eagle River Mine – all located in Ontario, Canada. AuRico Metals also has a 2%
NSR royalty on the Fosterville Mine and a 1% NSR royalty on the
Stawell Mine, located in Victoria,
Australia. Aside from its diversified royalty portfolio,
AuRico owns (100%) the advanced-stage Kemess Gold-Copper Project in
British Columbia,
Canada. AuRico Metals' head office is located in Toronto, Ontario, Canada.
SOURCE AuRico Metals