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As Of Filer Filing For·On·As Docs:Size Issuer Agent 7/14/06 Augusta Resource Corp 40FR12B 7/13/06 61:4.7M Newsfile Corp/FA |
Document/Exhibit Description Pages Size 1: 40FR12B Registration Statement HTML 69K 2: EX-99.1 Annual Information Form for the Year Ended HTML 180K December 31, 2005 11: EX-99.10 MD&A for the Six Months Ended June 30, 2005 HTML 120K 12: EX-99.11 First Quarter Report HTML 144K 13: EX-99.12 MD&A for the Three Months Ended March 31, 2005 HTML 80K 14: EX-99.13 Management Information Circular HTML 129K 15: EX-99.14 Form of Proxy HTML 34K 16: EX-99.15 Preliminary Assessment and Economic Evaluation HTML 373K 17: EX-99.16 Mineral Resource Estimate HTML 257K 18: EX-99.17 News Release Dated June 30, 2006 HTML 27K 19: EX-99.18 Material Change Report Dated June 26, 2006 HTML 22K 20: EX-99.19 Material Change Report Dated June 14, 2006 HTML 48K 3: EX-99.2 Annual Information Form for the Year Ended HTML 254K December 31, 2004 21: EX-99.20 Material Change Report Dated June 5, 2006 HTML 21K 22: EX-99.21 Material Change Report Dated June 2, 2006 HTML 19K 23: EX-99.22 Material Change Report Dated May 18, 2006 HTML 25K 24: EX-99.23 Material Change Report Dated May 5, 2006 HTML 26K 25: EX-99.24 Material Change Report Dated April 27, 2006 HTML 19K 26: EX-99.25 Material Change Report Dated April 11, 2006 HTML 18K 27: EX-99.26 Material Change Report Dated April 7, 2006 HTML 26K 28: EX-99.27 Material Change Report Dated March 17, 2006 HTML 23K 29: EX-99.28 Material Change Report Dated March 6, 2006 HTML 20K 30: EX-99.29 Material Change Report Dated February 16, 2006 HTML 23K 4: EX-99.3 Audited Annual Financial Statements HTML 534K 31: EX-99.30 Material Change Report Dated January 26, 2006 HTML 31K 32: EX-99.31 Material Change Report Dated January 16, 2006 HTML 26K 33: EX-99.32 Material Change Report Dated January 16, 2006 HTML 30K 34: EX-99.33 Material Change Report Dated November 22, 2005 HTML 21K 35: EX-99.34 Material Change Report Dated November 11, 2005 HTML 28K 36: EX-99.35 Material Change Report Dated October 13, 2005 HTML 26K 37: EX-99.36 Material Change Report Dated September 29, 2005 HTML 22K 38: EX-99.37 Material Change Report Dated September 20, 2005 HTML 20K 39: EX-99.38 News Release Dated September 9, 2005 HTML 18K 40: EX-99.39 News Release Dated August 25, 2005 HTML 21K 5: EX-99.4 MD&A for the Years Ended December 31, 2005 and HTML 169K 2004 41: EX-99.40 Material Change Report Dated August 25, 2005 HTML 18K 42: EX-99.41 Material Change Report Dated July 12, 2005 HTML 23K 43: EX-99.42 Material Change Report Dated July 5, 2005 HTML 20K 44: EX-99.43 News Release Dated June 23, 2005 HTML 20K 45: EX-99.44 Material Change Report Dated June 14, 2005 HTML 20K 46: EX-99.45 News Release Dated June 9, 2005 HTML 19K 47: EX-99.46 Material Change Report Dated June 8, 2005 HTML 27K 48: EX-99.47 Material Change Report Dated May 13, 2005 HTML 23K 49: EX-99.48 Material Change Report Dated May 13, 2005 HTML 22K 50: EX-99.49 Material Change Report Dated March 29, 2005 HTML 21K 6: EX-99.5 First Quarter Report HTML 198K 51: EX-99.50 Material Change Report Dated March 4, 2005 HTML 22K 52: EX-99.51 News Release Dated March 4, 2005 HTML 24K 53: EX-99.52 News Release Dated March 1, 2005 HTML 26K 54: EX-99.53 News Release Dated February 17, 2005 HTML 18K 55: EX-99.54 News Release Dated February 11, 2005 HTML 18K 56: EX-99.55 News Release Dated February 8, 2005 HTML 21K 57: EX-99.56 Material Change Report Dated January 27, 2005 HTML 22K 58: EX-99.57 Consent of Expert in Connection With the Paee HTML 18K Report 59: EX-99.58 Consent of Expert in Connection With the Rosemont HTML 18K Property Report 60: EX-99.59 Auditor's Consent (Ernst & Young LLP) HTML 17K 7: EX-99.6 MD&A for the Three Months Ended March 31, 2006 HTML 99K 61: EX-99.60 Auditor's Consent (Deloitte & Touche LLP) HTML 17K 8: EX-99.7 Third Quarter Report HTML 244K 9: EX-99.8 MD&A for the Nine Months Ended September 30, 2005 HTML 135K 10: EX-99.9 Second Quarter Report HTML 239K
Filed by Automated Filing Services Inc. (604) 609-0244 - Augusta Resource Corporation - Exhibit 26 |
BC FORM 53-901F
This is the form of a material change report required under section 85 (1) of the Securities Act and section 151 of the Securities Rules.
Item 1: Reporting Issuer
Augusta Resource Corporation (“Augusta” or the “Company”)
400 - 837 West Hastings Street
Vancouver, B.C. V6C 3N6
Item 2: Date of Material Change
March 27, 2006 and March 31, 2006
Item 3: Press Release
March 27, 2006 and April 3, 2006
Item 4: Summary of Material Change
On March 27, 2006, Augusta announced the commencement of a 20,000-meter diamond drill program at its Rosemont, Arizona, copper/molybdenum project. The objectives of the program are as follows:
- |
Increase the current measured and indicated resource by upgrading the existing inferred resource at the Rosemont deposit. |
- |
Provide better definition of near surface oxide -copper mineralization. |
- |
Provide better definition of silver and gold mineralization in the Rosemont deposit. |
- |
Acquire geotechnical data to support pit slope designs. |
- |
Initiate exploration for additional resources in the Broadtop Butte area. |
On April 3, 2006, Augusta announced that it had fully exercised its option to purchase the Rosemont property in Pima County Arizona. On March 31, 2006, the Company paid the remaining balance of $CAD 16.1 million, under its purchase option agreement. Augusta now owns a 100% interest in the Rosemont property subject to a 3% NSR.
Item 5: Full Description of Material Change
On March 27, 2006, the Company announced the commencement of a 20,000-meter diamond drill program at its Rosemont, Arizona, copper/molybdenum project. The program will have several objectives:
- |
Increase the current measured and indicated resource by upgrading the existing inferred resource at the Rosemont deposit. |
- |
Provide better definition of near surface oxide -copper mineralization. |
- |
Provide better definition of silver and gold mineralization in the Rosemont deposit. |
- |
Acquire geotechnical data to support pit slope designs. |
- |
Initiate exploration for additional resources in the Broadtop Butte area. |
Rosemont Mineral Resources
The Rosemont copper deposit contains 6,450,000,000 lbs of copper equivalent (442,000,000 tons at 0.73% Cu equivalent) in the Measured and Indicated Category and a further 1,930,000,000 lbs (145,000,000 tons at 0.67% Cu equivalent) in the inferred category at a 0.2% Cu cut-off. (Equivalency calculation based on a price ratio of $1.25/lb Cu to $18.00/lb Mo, with no applied recovery factors.)
Program Details
1) Resource Upgrade
The
copper resource remaining in the Inferred category of the previously announced
Rosemont Mineral Resource presents an attractive opportunity to add
significantly to the Rosemont Measured and Indicated Mineral Resources. The
drilling program will focus primarily on this opportunity to expand the existing
Rosemont resource.
Page 2
2) Oxide Cu Program
Augusta
has also embarked on a study of the potential for a leachable oxide copper
deposit in the upper part of the Rosemont deposit. This study is prompted by
existing drill-core assays for acid-leachable copper, and the observation of
locally abundant malachite, chrysocolla and similar copper minerals in old core
from three main rock types that overlay the sulphide deposit: andesite, arkosic
sediments and quartz monzonite intrusive. The amenability to acid-leach
extraction of copper from all three of these rock types is currently being
tested in column-leach tests at Mountain States R&D International in Tucson,
Arizona. The upcoming drilling campaign, in conjunction with a recently started
program of re-assaying the old core for oxide-copper material, will further
define the limits and grade of potentially leachable oxide copper in the upper
part of the Rosemont deposit.
3) Silver and Gold
Mineralization
The Rosemont deposit contains significant, but still
incompletely quantified, amounts of silver and gold.
Anaconda and Anamax
only partially assayed core for silver and gold, so Augusta has embarked on a
program of assaying old core that will permit inclusion of gold and silver
grades in future resource calculations.
4) Geotechnical Studies
Augusta has contracted Call & Nicholas, Inc. of Tucson, Arizona, to
carry out the geotechnical studies necessary to determine pit slopes and other
parameters necessary for pit designs. Drilling for subsurface geotechnical data
will be carried out in the current program under the technical supervision of
Call & Nicholas.
5) Broadtop Butte Exploration
Broadtop Butte carries a Historical Resource, estimated by Anamax in 1979,
of 8,800,000 tons averaging 0.77% Cu and 0.04% Mo. Several holes in the current
Augusta program will test for extensions of this historical resource. Success in
this initial program would lead to more intensive exploration of this deposit.
Augusta has not done the work necessary to verify the classification of the
Broadtop Butte resource and is not treating the resource figure as a NI 43-101
defined resource verified by a Qualified Person at this time and therefore the
resource figures, should not be relied upon by investors. However, given that
this resource estimate outlines significant mineralization, it is considered
relevant.
Qualified Person
This drill program will be
conducted under the guidance and supervision of Mike Clarke, VP Exploration for
Augusta Resource. Dr. Clarke, who is a designated Qualified Person, has a Ph.D.
in Geology, over thirty years of international industry experience and the
ability and authority to verify the data generated. Mr. Bill Rose of WLR
Consulting, an independent Qualified Person, will update the Mineral Resources.
Also, on April 3, 2006, the Company announced that it had fully exercised its option to purchase the Rosemont property in Pima County Arizona. On March 31, 2006 the Company paid the remaining balance of $CAD 16.1 million, under its purchase option agreement. Augusta now owns a 100% interest in the Rosemont property subject to a 3% NSR.
Gil Clausen, President and Chief Executive Officer said “The 100% ownership of Rosemont gives us added flexibility as we advance through permitting and feasibility work. With the proceeds from the Private Placement announced on March 17, 2006, Augusta expects to be fully funded through to a project financing decision.”
Item 6: Reliance on section 85 (2) of the Act
This
report is not confidential.
Item 7: Omitted Information
No information has been
omitted in this regard.
Item 8: Senior Officers
Page 3
Gil Clausen – President and CEO, Tel: 303-300-0134
Richard
W. Warke – Chairman, Donald B. Clark – Chief Financial Officer,
Purni Parikh
– Corporate Secretary, Tel: 604.687.1717
Item 9: Statement of Senior Officer
The foregoing
accurately discloses the material change referred to herein.
DATED at Vancouver, B.C. this 7th day of April 2006.
/s/ “Purni Parikh” | |
Name: Purni Parikh | |
Title: Corporate Secretary |
This ‘40FR12B’ Filing | Date | Other Filings | ||
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Filed as of: | 7/14/06 | F-X | ||
Filed on: | 7/13/06 | F-X | ||
4/3/06 | ||||
3/31/06 | ||||
3/27/06 | ||||
3/17/06 | ||||
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