Konongo JORC resource upgraded to over 1.2 million ounces of contained gold February 16, 2010
Posted by Fortbridge in Mining.Tags: gold, jorc, konongo, signature metals
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Signature Metals (ASX: SBL) has announced that the JORC resource contained within the company’s Konongo Gold Project (Ashanti Gold Belt, Ghana) has been upgraded to over 1.2 million ounces of gold.
Total resource for the project now stands at 17.9 million tonnes at a grade of 2.10g/t gold for 1.21 million ounces of contained gold.
Significantly, resources in the Indicated category have increased by 77% to almost 525,000 ounces.
Contact:
Bill Oliver, Managing Director
Tel: +61 8 9481 0101
Media:
Fortbridge +612 9331 0655
Luke Dean 0414 535 433
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