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Bardoc Gold Ltd.
Summary
| Project: | Bardoc | |
|---|---|---|
| Deposit: | Bardoc | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/30/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-9-2019: Bardoc Gold Ltd. announces a Resource Estimation report for its Bardoc deposit at the Bardoc project. 17% increase in global mineral resource at project. Bardoc Gold Limited (ASX: BDC, Bardoc or the Company) is pleased to advise that it has tak | |
| Resources: | (Resource, Total): 49.4Mt @ 1.9g/t Au for 3.02Moz Au contained at Bardoc | |
| CP/QP: | [Resources]: Bradley Toms, Patrick Adams; John Young, Lauritz Barnes, Ross Whittle-Herber (Internal;Cube Consulting Pty Ltd.) | |
| ABSTRACT: | Bardoc Gold Limited (ASX: BDC, Bardoc or the Company) is pleased to advise that it has taken a further important step towards its objective of building a significant new mid-tier Australian gold company after delivering a substantial increase in the Mineral Resource for its 100%-owned Bardoc Gold Project, located 50km north of Kalgoorlie in Western Australia to over 3 million ounces. This updated Mineral Resource Estimate (MRE) contains 42.2Mt @ 1.5g/t Au for 2.06Moz classified as being potentially open pittable and 7.2Mt @ 4.1g/t Au for 962koz that may be amenable to underground mining methods. The updated Mineral Resource base of 3.02Moz is available for mining studies as part of the Pre-Feasibility Study currently underway and due for completion in Q1 2020. Updated MRE’s have been completed for the Aphrodite Underground and Zoroastrian Underground deposits. Updated MRE’s classified as being amenable to open pit mining methods have also been completed for the Grafters, El Dorado, Nerrin Nerrin and Talbot North deposits. The Company is also announcing new MREs for South Castlereagh and Duke North, while restating previously reported MRE’s for open pit material at Aphrodite, Zoroastrian, Excelsior and Lochinvar using cut-off grades that better reflect the contained gold in these resources that can be used in future mining studies. | |
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