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Atlantic Gold Corp.
Summary
| Project: | Moose River | |
|---|---|---|
| Deposit: | Fifteen Mile Stream, Touquoy | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/25/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 25-3-2019: Atlantic Gold Corp. announces a Resource Estimation report for its Fifteen Mile Stream, Touquoy deposit at the Moose River project. Updated ore reserve estimate at the project. Vancouver, British Columbia – Atlantic Gold Corporation (TSX | |
| Resources: | ||
| CP/QP: | [Overall Report]: Marc Shulte (Independent) | |
| ABSTRACT: | Vancouver, British Columbia – Atlantic Gold Corporation (TSX‐V: AGB) ("Atlantic" or the "Company") is pleased to announce an updated mineral reserve statement and life of mine production plan for its Moose River Consolidated (“MRC”) Mine. Following successful drilling campaigns at the Touquoy, Fifteen Mile Stream and Cochrane Hill deposits and the updated resource statements issued on March 13, 2019, Proven and Probable Mineral Reserves have increased to approximately 1.9 million ounces. "Today’s update marks another milestone in the continuation of growing our Reserve base at MRC and represents a work in progress. Testing the extension of the high grade shoots at Cochrane Hill, establishing Mineral Resources at the 149 deposit, and potentially extending the strike to the east, will be priorities for 2019. We also remain very excited about leveraging the value of the potential discovery of multiple additional deposits from our ongoing Corridor Regional Exploration Program." said Maryse Bélanger, President and COO. | |
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