Clarification ON Gavin Mines Resource
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Peter Esp
CEO & D
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NIM
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UVER, B.C.,
larification o
6, 2017 news
bable Minera l
the news rele a
ams per tonne
Gold: 11.2 gr
Silver: 100.8 g
Mining Inc. i
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Peter E
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CLARIFIC
May 4, 201 7
n the Gavin
s release.
l Reserve as
ase had 146, 9
gold and an i
rams per tonn
grams Ag per
s a junior m
cing mill fee d
Merritt, British
gravity and f
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d of Directors
ation
Espig
e: (604) 647-01
peter@nicola
nture Exchan
TSX Venture
Looking Statem
ntains project i
future events.
mber of risks
CATION ON
7 – Nicola M
Mines Inc. ( “
determined
992 tonnes. A
internal cutof
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r tonne
mining comp a
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h Columbia.
floatation pr o
along the s
sure Mountain
ations.
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N GAVIN MI
Mining Inc. ( t
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by Linden M
Average grad
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any listed on
operations a t
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outhern end
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accepts respo
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nties and are
INES RESO
the “Compan
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Mining and
des calculated
7 grams per to
the TSX V e
t its 100% o w
rmitted mill i
Company h a
of the Guic h
ade silver pro
Services Prov
onsibility for
statements t h
tements are b a
not guarante e
OURCE
ny” or “ Nico
01 Mineral R e
Consulting i
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enture Exch a
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is able to pro
as 100% of
hon Batholit h
operty, and a g
vider (as tha t
r the adequa c
hat involve v
ased on curr e
es of future p
ola”) would l
eserve provid
is 135,131 t o
xternal cutoff
e as follows:
ange, and is i
n mill and t a
cess both gol
the Thule C
h. In additio n
gravel pit, wh
t term is de f
cy or accura c
various risks
ent expectatio n
erformance o f
ike to
ded in
onnes,
grade
in the
ailings
ld and
Copper
n, the
hich is
fined
cy of
and
ns of
f the
Company. These statements, including information relating to the quantity and quality of projected mill feed and
concentrate produced, include statements regarding the Company’s expected processing timing and capabilities,
statements regarding the milling and profit sharing agreem ents and statements regarding potential future plans.
There are numerous risks and uncertainties that could cause actual results and the Company’s plans and
objectives to differ materially from those expressed in th e forward-looking information, including the inability of
the Company to effect the expanded operations; the timing of delivery of material to the Mill site; the timing and
price of delivery and processing of same may not be the quantity and quality of mill feed and concentrate as
expected; and other factors beyond the Company’s control. Actual results and future events could differ materially
from those anticipated in such forward-looking statem ents. These and all subsequent written and oral forward-
looking statements are based on estimates and opinions of management on the dates they are made and are
expressly qualified in their entirety by this notice. Except as required by law, the Company does not assume any
obligation to update any forward-looking statements in this news release should circumstances or management’s
estimates or opinions change.