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OceanaGold Corp.
Summary
| Project: | Waihi | |
|---|---|---|
| Deposit: | Martha Underground | |
| Location: | New Zealand | |
| Commodities: | Gold-Silver | |
| Date: | 9/24/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 24-9-2019: OceanaGold Corp. announces an Exploration/Drilling Update report for its Martha Underground deposit at the Waihi project. Exploration Target plus new drill results incl. 38.4m @ 8.08g/t Au, 10.1g/t Ag from 124.40m. (MELBOURNE) OceanaGold Corpor | |
| Resources: | Exploration Target Range: 8 - 10Mt @ 4 - 6g/t Au at Martha Underground | |
| CP/QP: | [Overall Report]: Lorrance Torckler (Internal) | |
| ABSTRACT: | (MELBOURNE) OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the “Company”) is pleased to announce that further extensive drilling at the Martha Underground Project (the “Project”) at the Waihi Gold Mine (“Waihi”) supports an increase to the size of the exploration target, which is in addition to the existing resources. Additionally, the Company is pleased to release updated exploration results highlighting continued high-grade gold intersections from the Martha Underground. Mick Wilkes, President and CEO of OceanaGold said, “Our investment in extensive exploration at the Martha Underground at Waihi continues to create significant value for shareholders. In addition to the current 331,000 ounces of Indicated gold resources and 667,000 ounces Inferred gold resources, we are now targeting an additional 8 to 10 million tonnes of ore grading 4 to 6 g/t gold.” | |
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