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Alacer Gold Corp.
Summary
| Project: | Copler | |
|---|---|---|
| Deposit: | Copler Saddle | |
| Location: | Turkey | |
| Commodities: | Gold | |
| Date: | 9/26/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 26-9-2019: Alacer Gold Corp. announces an Exploration/Drilling Update report for its Copler Saddle deposit at the Copler project. Drilling results incl. 5.7m @ 39.45g/t Au from 34.4m. September 26, 2019, Toronto: Alacer Gold Corp. (“Alacer” or the “Corpor | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mesut Soylu (Internal) | |
| ABSTRACT: | September 26, 2019, Toronto: Alacer Gold Corp. (“Alacer” or the “Corporation”) [TSX: ASR and ASX: AQG] is pleased to announce positive drill results for the Çöpler Saddle (“The Saddle”). The Saddle borders the western flank of the Çöpler Mine (Figure 1) with the shear zone passing through the existing Çöpler West Pit, which is in production. The initial testing of The Saddle consisted of 50 diamond drill holes with a strike length over ~2km. All holes reported are outside of the Çöpler Resource shells and planned mining areas. Diamond drill holes intersected both oxide and sulfide gold mineralization, some with impressive grades and thicknesses. Rod Antal, Alacer’s President and Chief Executive Officer, stated, “The Çöpler Saddle is shaping up to be another outstanding near-mine exploration project and an important component of our short-term strategy to identify additional oxide ore that we can convert quickly into production by leveraging our existing infrastructure. With Ardich already shaping up to be a major discovery, and now with The Saddle showing potential, albeit at an earlier exploration stage, our short-term strategy is rapidly becoming a reality.” | |
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