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Guyana Goldfields Inc.
Summary
| Project: | Aurora | |
|---|---|---|
| Deposit: | Aurora | |
| Location: | Guyana | |
| Commodities: | Gold | |
| Date: | 3/26/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 26-3-2019: Guyana Goldfields Inc. announces a Resource Estimation report for its Aurora deposit at the Aurora project. Updated resource and reserve estimate at the project + updated NPV and LOM Plan. TORONTO, March 26, 2019 /CNW/ - Guyana Goldfields Inc. | |
| Resources: | (Reserve, P+P): 26.953Mt @ 2.63g/t Au for 2.278Moz Au contained | |
| CP/QP: | [Resources]: David Ross, Katharine Masun (Roscoe Postle Associates Inc.) | |
| ABSTRACT: | TORONTO, March 26, 2019 /CNW/ - Guyana Goldfields Inc. (TSX:GUY) (the "Company") reports the results from updated Mineral Resource and Mineral Reserve estimates, and life of mine plan ("LOM") completed by Roscoe Postle Associates Inc. ("RPA") on its 100% owned Aurora Gold Mine ("Aurora") located in Guyana, South America. A conference call will be held tomorrow morning, Wednesday, March 27, 2019 at 10:00 am ET to review the results of the updated resource model and life of mine plan, in conjunction with the Company's fourth quarter and full year 2018 results. The updated resource model and life of mine plan utilized a gold price of $1,200 per ounce, base case economics are presented at $1,300 per ounce and all amounts are expressed in US dollars. | |
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