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Fiore Gold Ltd.
Summary
| Project: | Golden Eagle | |
|---|---|---|
| Deposit: | Golden Eagle | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 5/19/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-5-2020: Fiore Gold Ltd. announces a Resource Estimation report for its Golden Eagle deposit at the Golden Eagle project. Updated Mineral Resource Estimate for Project. Vancouver, British Columbia – FIORE GOLD LTD. (TSXV: F) (OTCQB: FIOGF) (FSE-2FO) (“F | |
| Resources: | (Resources, M+I): 45.4Mt @ 1.382g/t Au, 6.436g/t Ag | |
| CP/QP: | [Resource]: Terre Lane (Global Resource Engineering Ltd.) | |
| ABSTRACT: | Vancouver, British Columbia – FIORE GOLD LTD. (TSXV: F) (OTCQB: FIOGF) (FSE-2FO) (“Fiore” or the “Company”) is pleased to announce an updated mineral resource estimate for its 100%-owned Golden Eagle project, located in Ferry County, Washington approximately 4.8 km (3.0 miles) north-northwest of the town of Republic. The Republic/Eureka Mining District has produced nearly 4 million ounces of gold at an average grade of 19.89 grams per tonne (“g/t”) gold (0.58 troy ounces per ton (“opt”)) over the last 130 years, principally from high grade underground narrow vein deposits. The last operating gold mine in the district was Kinross’ Buckhorn/Kettle River operation which closed in 2017. The 1,800 tonne-per-day Kettle River mill is located approximately 16 km (10 miles) by road east of Golden Eagle. A Technical Report with the details of the resource estimate will be filed on SEDAR under the Company’s profile within 45 days of the date of this news release. The updated Golden Eagle mineral resource estimate is based solely on the available historical data and is intended to provide a baseline from which to continue developing the project. The historical drill hole database was reviewed and audited by the Qualified Person (QP) and is deemed to be suitable for resource estimation. | |
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