This website is provided by AmeriWest Gold (“AmeriWest,” or “the company”). The statements and communications contained in the AmeriWest Gold website are intended for information only. None of them constitutes a solicitation, an offer or a recommendation to buy or sell securities, or to conduct other transactions.
AmeriWest and its officers, directors, subsidiaries, affiliates, contractors, agents, employees, licensors, and/or third-party content providers are in no way responsible or liable for any damages whether they be direct, indirect, consequential, incidental, special, punitive, exemplary or general damages, contribution or indemnity, of any kind whatsoever, however caused, including loss of profits, in connection with, caused by or arising from the use or non-availability of this Website, or reliance on the information contained herein, the links to other sites as contained in this Website or any information on such sites, or any delays, inaccuracies, errors or omissions in the information contained on this site. This limitation of liability shall hold even if AmeriWest Gold, its subsidiaries, affiliates, contractors, agents, employees, licensors, and/or third party. Content providers were warned of the possibility of damages referred in this disclaimer.
Access to the information and documents (collectively the “information”) contained on this website (the “Site”) constitutes your acceptance of the following provisions. By accessing this Site, you warrant that you have the legal authority to enter into this agreement and to assume, and do assume, any risks related to your use of this Site and its content and that you understand these terms and conditions and the risks relating to their use. If you do not agree with these terms and conditions or are dissatisfied with the Site or its contents, your only remedy is to stop using it.
No warranty, either express, or implied, is given for the information and opinions published on the website. All information is provided “as is” WITHOUT WARRANTY OR CONDITION OF ANY KIND, EXPRESS OR IMPLIED, AND ALL SUCH WARRANTIES OR CONDITIONS ARE HEREBY DISCLAIMED. AMERIWEST GOLD AND ITS SERVICE PROVIDERS ASSUME NO RESPONSIBILITY TO YOU OR TO ANY THIRD PARTY FOR ANY ERRORS OR OMISSIONS.
AmeriWest Gold will revise the content, display or functionality of this Site as it deems necessary, and consequently information may be changed, removed or updated without prior notice. Disruptions to this Site may occur as a consequence of the need to revise its content, display or functionality, or for other related and/or unrelated reasons. Although it is AmeriWest’s goal to minimize disruptions to this service, it does not guarantee that this Site will be available at all times. These Terms and Conditions of Use may also be changed, removed or updated for any reason without prior notice.
No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way reviewed or approved this information and no representation or warranty is made by AmeriWest Gold to that effect AmeriWest Gold is not responsible for the content of sites that can be reached through links on this site.
Actions based on statements made therein are the responsibility of those who take them. AmeriWest Gold therefore disclaims all liability for damage which may result directly and indirectly from the use, performance or consultation of the AmeriWest’s web site, in connection with access to the website itself or other websites linked to it.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This website contains certain “forward-looking statements.” We make forward-looking statements as defined by the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, and in some cases, you can identify these statements by forward-looking words such as “if,” “shall,” “may,” “might,” “will likely result,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “project,“ “intend,” “goal,” “objective,” “predict,” “potential” or “continue,” or the negative of these terms and other comparable terminology. These include statements regarding: our ability to purchase mining assets, our ability to raise necessary capital, exploration activity to lead to discovery, our ability to obtain regulatory approvals or permits in order to start or resume exploration activities; our ability to achieve financial projections; and our ability to achieve milestones. The forward-looking statements in this presentation are based on management’s current expectations, estimates, forecasts and projections about the Company and its business, all of which could prove to be wrong. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for our current and future fiscal years could differ materially from the Company’s current expectations. Factors that could cause the Company’s results to differ materially from those expressed in forward-looking statements include, without limitation, the following risks: we may not be able to obtain sufficient financing and/or establish necessary relationships with third parties to continue to pursue our business plan; any stockholder dilution that may result from future capital raising efforts; our ability to raise capital on terms favorable to the Company and its current stockholders; any development activities or exploration activity we may conduct which may not produce favorable results; required permits may not be granted; we may not be able to secure necessary assets; our exploration activities may not lead to discovery, the intellectual property of others and any asserted claims of infringement; general business and economic conditions may limit our ability to obtain necessary capital; the consequences of competitive factors in the industry in which we operate may restrict the success of any product candidate we are able to commercialize, and we may not be able to attract or retain key personnel. More detailed information about us and the risk factors that may affect the realization of any forward-looking statements shall be found in our filings as required by Canadian Securities Administrators and may be read free of charge on the System for Electronic Document Analysis and Retrieval (SEDAR) filing system on the SEDAR internet site at http://www.sedar.com. You are cautioned not to place undue reliance on any forward-looking statements we make in this website or related materials. Given these risks and uncertainties, all such statements are qualified in their entirety by this cautionary statement. All forward-looking statements speak only as of the date hereof, and we undertake no obligation to revise or update any forward‐looking statement to reflect events or circumstances after the date hereof, except as otherwise required by law.
Nothing on this website is either an offer to purchase, or a solicitation of an offer to sell, shares of AmeriWest Gold or any other entity. Nothing on this website is a solicitation of a proxy from a security holder of AmeriWest Gold or any other company.
Resource Estimate Disclaimer
Mineral Resources that are not mineral reserves do not have demonstrated economic viability. Mineral resource estimates do not account for mine ability, selectivity, mining loss and dilution. These mineral resource estimates include inferred mineral resources that are normally considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is also no certainty that these inferred mineral resources will be converted to measured and indicated categories through further drilling, or into mineral reserves, once economic considerations are applied.
The Company wishes to state that the potential additional resources are conceptual in nature only, and that there has been insufficient exploration to define an increased mineral resource. Furthermore, it is uncertain if further exploration will result in additional mineral resources. Estimates for potential additional resources are reported as exploration targets based on the presence of step-out mineralized drill holes, known mineralized zones open along strike and depth and geophysical anomalies.
AmeriWest’s current technical report on the Company’s Idaho Gold Project was prepared for Premium Exploration and Logan Resources Ltd., by Mr. Ronald Simpson, P.Geo., President of Geosim Services Inc. and independent “Qualified Person” under National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). The technical report has an effective date of February 19, 2013 and was filed on SEDAR on April 30, 2013.
- Mineral Resource Estimate for the Friday-Petsite Deposit Reported within a Lerchs-Grossman Pit (effective date February 19, 2013). Open-pit mineral resources are reported at a cut-off grade of 0.045 g/t Au.
Indicated: 647,000 oz.. (20.1 Mt @ 1.0 g/t Au)
Inferred: 590,000 oz.. (20.9 Mt @ 0.88 g/t Au)
Notes to accompany Mineral Resource:
Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
Mineral resources are amenable to open pit mining methods and have been constrained using a Lerches-Grossmann optimized pit.
Assumptions include US$1,500/oz.. Au, 85% Au recovery, $2.50/tonne mining cost, $2.00/tonne waste mining cost, $12.00/tonne process and G&A cost. No allowances have been made for mining losses and dilution. Pit slope angle of 45°.
The Company has elected to use a 0.045 g/t gold cut-off (bolded) which is greater than the conceptual marginal cut-off of 0.36 g/t.
Gold analyses are performed by fire assay/AA finish methods.
2) Mineral resources are amenable to open pit mining methods and have been constrained using a Lerch-Grossman optimized pit.
3) Buffalo Gulch estimates of gold resources are historical in nature, predate and are noncompliant with NI 43-101. Premium is not treating the historical estimate as current mineral
resources or reserves. Premium has not undertaken any independent investigation of the resource estimates nor has it independently analyzed the results of the previous exploration work in order
to verify the resources, and therefore the historical estimates should not be relied upon.
4) Buffalo Gulch is the most northern and hosts a historic 110,000 oz. indicated gold resource that was once fully permitted for open-pit production in 1991 by Bema Gold Inc. The historic resources as
calculated by the Bema Gold subsidiary “Idaho Gold Corporation” were prepared prior to the introduction of NI43-101, but were carried out in accordance with established practice at that time. Idaho
Gold estimated “proven and probable geologic reserves” of oxide material to a depth of 220 feet as 4.839 million short tons at a grade of 0.023 ounce/ton containing 110,759 troy ounces of gold.
Micon International’s report in 2004 also concludes that the Buffalo Gulch property had historical Mineral Resources of about 5 million tons averaging 0.023 oz./ton Au (4.5 million tonnes at 0.8 g/t
Au), comparable to an indicated resource. No cut-off grade was provided. Micon International’s report also concludes that Deadwood hosts an historic Indicated deposit of 38,940 oz. Au (1.6 Mt @
0.75 g/t Au with 0.4 g/t cut-off) and an historic Inferred Resource of 18,480 oz. Au (0.7 Mt at 0.75 g/t Au with 0.4 g/t cut-off).
EXCLUSION OF LIABILITY
AmeriWest Gold shall not be liable for any claims, expenses, damages (including direct, indirect, special or consequential damages), and loss of profits, opportunities or information arising from: the use of or reliance on information contained in this website; any inaccuracy or omission in such information or failure to keep the information current; use of any third party websites linked to this website; any Internet software used in connection with this website or computer viruses or other destructive programs encountered as a result of using this website; and any other matter connected with this website; even if AmeriWest Gold is made aware of the possibility of such claims, expenses, damages or losses.
NOT RESPONSIBLE FOR INTERNET SOFTWARE OR COMPUTER VIRUSES
Due to technical difficulties inherent in the Internet, Internet software or transmission problems could produce inaccurate or incomplete copies of information contained on this website. Computer viruses or other destructive programs may also be inadvertently downloaded from the website. AmeriWest Gold shall not be liable for Internet software, computer viruses or destructive programs and recommends that you install appropriate anti-virus or other protective software.
NOT RESPONSIBLE FOR LINKED WEBSITES
AmeriWest Gold provides links to third party websites for your convenience only and the inclusion of these links does not imply that AmeriWest Gold monitors or endorses these websites. Accordingly, AmeriWest Gold accepts no responsibility for such websites.
WEBSITE IS PROVIDED AS A SERVICE ONLY
This website is not intended as a solicitation or offering of securities in any jurisdiction and the information contained herein in no way should be construed or interpreted as such. No securities commission or other regulatory authority in Canada, or any other country or jurisdiction has in any way passed upon this information and no representation or warranty is made by AmeriWest Gold to that effect. The information on this website should not be used for the purpose of making investment decisions concerning AmeriWest Gold securities and/or any other securities. Printed copies of public disclosure documents may be obtained directly from AmeriWest News.
Any stock quote may be delayed by up to a week, and as such should not be considered as up to date or recent. If you are contemplating trading in the securities of Southern Lithium we strongly advise you to seek independent professional advice before making any investment decision. AmeriWest Gold makes no representation or warranty regarding the accuracy or completeness of any such stock price quotes or historical stock price data and has not taken any steps to verify the adequacy, accuracy or completeness of the information provided herein.
EXTERNAL DATA LIMITATIONS
AmeriWest Gold, its affiliates and third party providers are not responsible for any errors or omissions in the information contained on or accessed through this Site. All such information in this Site is provided “as is”. AmeriWest Gold, its affiliates and third party providers make no warranties or representations and disclaim all express, implied and statutory warranties of any kind to the user and any third party, including, but not limited to, any warranties of accuracy, timeliness, completeness, merchantability, non-infringement and fitness for any particular purpose.
Except for claims that cannot be excluded by the applicable local law, AmeriWest Gold, its affiliates and third party providers shall not have any liability, including but not limited to, tort, contract or any other liability to user or any third party arising as a result of use of or access to this Site.
AmeriWest Gold, its affiliates or third party providers shall not be liable to user or any third party for lost profits or lost opportunity, direct, indirect, special, consequential, incidental or punitive damages whatsoever, even if AmeriWest Gold, its affiliates or third party providers have been advised of the possibility of such damages.
Some jurisdictions do not allow for the exclusion or limitation of implied warranties or liability for incidental or consequential damages. Therefore, the above limitations may not apply to you, or there may be applicable laws that supersede the above. Any clause of this disclaimer declared invalid by the appropriate authority in each jurisdiction shall be deemed severable and shall not affect the validity or enforceability of the remainder of this disclaimer. AmeriWest Gold reserves the right to amend the website and related documents at its discretion at any time without notice.