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Project: | Pan Mine | |
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Deposit: | Pan Mine | |
Location: | United States | |
Commodities: | Gold | |
Date: | 12/10/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Active Mining & Production | |
Report details: | 10-12-2019: Fiore Gold Ltd. announces an Exploration/Drilling Update report for its Pan Mine deposit at the Pan Mine project. Drilling results incl. 38.1m @ 0.79g/t Au from 32.0m. Vancouver, British Columbia – FIORE GOLD LTD. (TSXV: F) (OTCQB: FIOGF) (“Fi | |
Resources: | ||
CP/QP: | [Overall Report]: Paul Noland (Internal) | |
ABSTRACT: | Vancouver, British Columbia – FIORE GOLD LTD. (TSXV: F) (OTCQB: FIOGF) (“Fiore” or the “Company”) is is pleased to announce the first results from the 2019 drill program at its Pan Mine in Nevada. This drill program is part of a long-term program aimed at expanding the resource and reserve base and extending the mine life. The twenty-six holes reported here were drilled at several locations around the main North Pan and South Pan pits, as well as the smaller Syncline and Black Stallion satellite pits (Figure 1). The holes were intended to test the potential to expand the existing oxide reserves both at depth and laterally beyond the current reserve boundaries. The most recent Proven and Probable reserve estimate shows 318,000 gold ounces at an average grade of 0.51 g/t gold (0.015 oz/ton), with reserve cutoff grades of 0.21 g/t gold for the North and Central pits and 0.14 g/t gold for the South Pit. | |
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