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Golden Star Resources Ltd.
Summary
| Project: | Wassa Mine | |
|---|---|---|
| Deposit: | Wassa Mine | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 3/27/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 27-3-2020: Golden Star Resources Ltd. announces a Resource Estimation report for its Wassa Mine deposit at the Wassa Mine project. Updated Mineral Resource Estimate for Project. Toronto, ON – March 27, 2020 - Golden Star Resources Ltd. (NYSE American: GSS | |
| Resources: | (Reserves, P+P): 18.4Mt @ 2.38g/t Au | |
| CP/QP: | [Resources]: S. Mitchel Wasel (Internal) | |
| ABSTRACT: | Toronto, ON – March 27, 2020 - Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) (“Golden Star” or the “Company”) announces its Mineral Reserves and Mineral Resources estimate as of December 31, 2019. “It is extremely encouraging to see another significant increase in the overall Resource base at Wassa, which continues to gain real scale and production growth. Through 2019 we focused on improving our geological understanding and confidence in the areas to be mined in 2020 and 2021 with increased definition drilling, which has resulted in an 87% increase in the Proven Mineral Reserve. We remain excited by the longer term potential at Wassa, and we are focussed on continuing to deliver this potential. Our exploration strategy for the mine in 2020 is transitioning away from further growth of the overall Resource to infill drilling to assist us in better understanding the likely mine plans for the southern extension of the underground operation. We understand that developing suitable drilling platforms from underground form a critical path item to realizing this objective. | |
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