Columbus Gold Announces In-Pit Gold Resource of 3.8 M oz. Indicated + 1.08 M oz. Inferred and a Very Significant Increase in Grade at Paul Isnard Project, French Guiana
VANCOUVER, BRITISH COLUMBIA--(Apr 21, 2015) - Columbus Gold Corporation (TSX VENTURE:CGT) ("Columbus Gold") is pleased to announce that the most recently completed drilling program at its Montagne d'Or deposit (Paul Isnard Project) consisting of 26,600 meters in 126 core holes, has resulted in the following in-pit gold resource estimates, carried-out by independent consultants SRK.
At the breakeven gold cut-off grade of 0.40g/t:
Category | Tonnes (M) |
Average Grade (g/t Gold) |
Contained Gold (M oz) |
Indicated | 83.240 | 1.455 | 3.8 |
Inferred | 22.370 | 1.550 | 1.1 |
- Published: 22 April 2015
- Written by Editor