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Goldcorp Inc.
Summary
| Project: | Coffee | |
|---|---|---|
| Deposit: | Coffee | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 15-2-2017: Goldcorp Inc. announces an Exploration/Drilling Update report for its Coffee deposit at the Coffee project. Drilling results incl. 15.24m @ 4.52g/t Au from 30.48m. GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to provide an update on its 2016/201 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Sally Goodman (Internal) | |
| ABSTRACT: | GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to provide an update on its 2016/2017 exploration program. Representative drill results are given below; website links to further information including full drill results, drill co-ordinates, QA/QC information and relevant diagrams are provided at the end of each section. "Exploration advanced aggressively across the Company's project portfolio during the fourth quarter of 2016, in line with the brownfields strategic focus of reserve replacement, as well as providing a pipeline of future opportunities for evaluation," said Paul Harbidge, Senior Vice-President, Exploration. "During the quarter, we also continued to advance generative studies across a number of the districts for reinterpretation of the geological information, with the aim of extending the reserves and resources of our current operations. In 2017, with an exploration budget currently targeted at $100 million, we are focused on expanding and upgrading the quality of our reserves and resources through the continuation of our drill programs and the review of the results as we complete our generative study work." At the Coffee project, prior to the winter freeze-up and closure of field activities in early November, drilling programs comprised follow-up evaluation of existing gold mineralized zones peripheral to existing resources and reserves, in particular adjacent to Supremo, and testing the potential gaps in the existing resource model. A total of 46 reverse circulation (RC) holes for 6,629m were completed and all outstanding assay results were received for drilling programs completed in the third quarter of 2016. Note that for widely-spaced holes on exploration targets, no true width estimate is given, however true width is usually approximately two-thirds of drilled width for structures at Coffee. | |
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