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Egan Street Resources Ltd.
Summary
| Project: | Rothsay | |
|---|---|---|
| Deposit: | Rothsay | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/1/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 1-8-2019: Egan Street Resources Ltd. announces a Resource Estimation report for its Rothsay deposit at the Rothsay project. Ore reserve estimate increase by 18%. Egan Street Resources Limited (ASX: EGA) (EganStreet) is pleased to advise that it has comple | |
| Resources: | (Reserve, Prob.): 1.605Mt @ 4.5g/t Au | |
| CP/QP: | [Overall Report]: Gregory Winder (Internal) | |
| ABSTRACT: | Egan Street Resources Limited (ASX: EGA) (EganStreet) is pleased to advise that it has completed an updated Ore Reserve estimate for its 100%-owned Rothsay Gold Project (Project), located 300km northeast of Perth in WA’s Midwest region. The updated Ore Reserve is based on the updated Mineral Resource announced in November 2018 and builds on the updated Definitive Feasibility Study (Updated DFS) (See ASX announcement “Rothsay Gold Boosted by Production Target Upgrade” dated 12th February 2019) and Definitive Feasibility Study (DFS) (see ASX announcement “EganStreet Confirms Low Capex, High Margin Australian Gold Mine at Rothsay God Project, WA” dated 19th July 2018). The updated Ore Reserve incorporates new information obtained from additional technical studies completed up until July 2019. | |
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