For thousands of other reports visit RSC's Mineral Intellingence Map
Highland Gold Mining Ltd.
Summary
| Project: | Mnogovershinnoye | |
|---|---|---|
| Deposit: | Mnogovershinnoye | |
| Location: | Russia | |
| Commodities: | Gold | |
| Date: | 2/22/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 22-2-2018: Highland Gold Mining Ltd. announces a Resource Estimation report for its Mnogovershinnoye deposit at the Mnogovershinnoye project. Annual summary of Highland Gold mineral resources and ore reserves. Highland Gold Mining Limited ("Highland Gold" | |
| Resources: | (Reserve, Prob.): 2.661Mt @ 5.5g/t Au for 452koz Au contained at project | |
| CP/QP: | [Resources]: Andrew Sevryugin (Internal) | |
| ABSTRACT: | Highland Gold Mining Limited ("Highland Gold" or the "Company", AIM: HGM) is pleased to report its Ore Reserves and Mineral Resources in accordance with the JORC Code as at 31 December 2017. Highland Gold's Ore Reserves (proven and probable) increased by 56% to 5.1Moz of gold and gold equivalent from 3.3 Moz on 31 December 2016* following updated estimates for each of the Company's producing assets and its main development project, Kekura. Mineral Resources (measured, indicated and inferred) increased by 6.6% to 17.2 Moz of gold and gold equivalent as compared to 16.1 Moz on 31 December 2016*. The average grade in Ore Reserves was lowered to 3.3 g/t as compared to 8.0 g/t on 31 December 2016, reflecting lower cut-off grades and increased ore tonnage at Novo and Belaya Gora, plus the addition of Blagodatnoye. Updated resource estimates published last year for MNV, reflecting extensive near-mine exploration, and Novo, reflecting a reduced cut-off grade, added more than 800k oz of gold and gold equivalent to overall Ore Reserves. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report