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Exore Resources Ltd.
Summary
| Project: | Bagoe | |
|---|---|---|
| Deposit: | Bagoe | |
| Location: | Ivory Coast | |
| Commodities: | Gold | |
| Date: | 5/4/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-5-2020: Exore Resources Ltd. announces a Resource Estimation report for its Bagoe deposit at the Bagoe project. Initial Mineral Resource Estimate for Project. Exore Resources Ltd (‘Exore’ or the ‘Company’ | ASX: ERX) is pleased to announce a maiden inde | |
| Resources: | (Resources, I+I): 9.75Mt @ 1.9g/t Au (600koz Au) | |
| CP/QP: | [Resource]: Brian Wolfe (Independent) | |
| ABSTRACT: | Exore Resources Ltd (‘Exore’ or the ‘Company’ | ASX: ERX) is pleased to announce a maiden independent JORC 2012 Mineral Resource Estimate for the Company’s Bagoe Gold Project in northern Cote d’Ivoire. Exore is pleased to report an independently calculated maiden Mineral Resource Estimate from the Company’s ongoing exploration programs at the Bagoe Gold Project in northern Cote d’Ivoire. The JORC 2012 Mineral Resource Estimate is 530,000 ounces at 2.5g/t gold reported at a 1.0g/t lower cut-off or 600,000 ounces at 1.9g/t gold reported at a 0.5g/t lower cut-off The reported Mineral Resource Estimate includes drilling completed at the Antoinette Central, West and South prospects, along with less than 3,000m of RC drilling completed at Veronique, over the 14 months of Exore’s ownership of the project to February 2020. The Company believes this maiden Mineral Resource Estimate is an important step towards its objective of defining a multi-million ounce gold project in northern Cote d’Ivoire. Exore considers this maiden Mineral Resource Estimate as an interim resource with potential to define further shallow ounces from on-going step-out and exploration drilling at the Bagoe Gold Project. | |
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