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Gran Colombia Gold Corp.
Summary
| Project: | Segovia | |
|---|---|---|
| Deposit: | Segovia | |
| Location: | Colombia | |
| Commodities: | Gold-Silver | |
| Date: | 3/11/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 11-3-2019: Gran Colombia Gold Corp. announces a Resource Estimation report for its Segovia deposit at the Segovia project. Updated mineral resources and reserves at the project. TORONTO, March 11, 2019 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp. (TSX: GC | |
| Resources: | (Reserve, P+P): 1.941Mt @ 11.0g/t Au for 688Koz Au contained | |
| CP/QP: | [Resources]: Ben Parson (SRK Consulting) | |
| ABSTRACT: | TORONTO, March 11, 2019 (GLOBE NEWSWIRE) -- Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today that it has completed updated Mineral Resource and Mineral Reserve estimates for its Segovia Operations prepared in accordance with the Canadian Institute of Mining Metallurgy and Petroleum (“CIM”) Definition Standards incorporated by reference in National Instrument 43-101 (“NI 43-101”) with an effective date of December 31, 2018. Serafino Iacono, Executive Co-Chairman of Gran Colombia, commented: “Our mineable gold reserves increased 4% to 688,000 ounces at December 31, 2018, replacing what we produced last year. We also added to our mineral resources, the largest increases coming from new discoveries at El Silencio and Providencia. The updated Mineral Resource and Mineral Reserve estimates for our Segovia Operations reaffirm our confidence in the high grade nature of our gold deposits. Total Measured & Indicated Resources increased to 3.5 million tonnes at a grade of 11.8 g/t totalling 1.3 million ounces of gold, up 7% from last year. Total Inferred Resources increased to 3.6 million tonnes at a grade of 10.1 g/t totalling 1.2 million ounces of gold, up 4% compared to last year.” | |
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