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OceanaGold Corp.
Summary
| Project: | Haile | |
|---|---|---|
| Deposit: | Haile | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 11/8/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 8-11-2017: OceanaGold Corp. announces an Exploration/Drilling Update report for its Haile deposit at the Haile project. Drilling results incl. 61.1m @ 15.7g/t Au from 377.2m. (MELBOURNE) OceanaGold Corporation (TSX/ASX: OGC) (the “Company”) is pleased to | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jonathan Moore (Internal) | |
| ABSTRACT: | (MELBOURNE) OceanaGold Corporation (TSX/ASX: OGC) (the “Company”) is pleased to provide an update on its global exploration program across its assets in the Unites States, New Zealand and the Philippines. This exploration update follows the update provided to the market on 26 June 2017 (“June update”) and results herein reflect activity completed after this date. Mick Wilkes, President and CEO of OceanaGold said, “The latest round of drill results further demonstrate the significant potential that exists at each of our assets and in nearby greenfield areas. The investment in exploration and drilling is creating value for investors and supports our organic growth initiatives. The early drill results from the Martha Project demonstrate the exciting opportunity that may exist to materially increase the Waihi mine life, which could unlock significant value for the business.” He added, “Drilling at Haile indicates an opportunity to increase the in-pit resource plus good potential at depth on several underground targets following our success at Horseshoe. Our focus in the short term will remain on expanding the mineralisation within the optimised pit shell and establish the potential of other underground targets. At Macraes, we continue to find extensions of Coronation North which has the potential of further increasing the mine life of the operation while the strong results from drilling at Golden Point supports the Round Hill project.” | |
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