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OceanaGold Corp.
Summary
| Project: | Sams Creek | |
|---|---|---|
| Deposit: | Sams Creek | |
| Location: | New Zealand | |
| Commodities: | Gold | |
| Date: | 3/28/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-3-2019: OceanaGold Corp. announces a Resource Estimation report for its Sams Creek deposit at the Sams Creek project. JV - mineral resource statement for OGC's share. Mick Wilkes, President and CEO, “OceanaGold has a significant mineral endowment that | |
| Resources: | ||
| CP/QP: | [Resources]: Not stated (Not stated) | |
| ABSTRACT: | Mick Wilkes, President and CEO, “OceanaGold has a significant mineral endowment that has grown over the past several years. Exploration is a key component of our value creating strategy and we have increased our exploration budget each year since 2015. Operating and exploring in prolific gold districts in the United States, New Zealand and the Philippines has afforded us the opportunity to make prudent investments in extensive drill programs that have translated into growth of our resource base” “For the past few years, we have described our confidence in significantly increasing the resource base and mine life of our New Zealand operations. Over the course of the past 12 months, we have done just that with significant increases at the Martha Underground and initial resource at our newest discovery at WKP. We have also achieved exploration success at Macraes where we are currently investigating a mine life increase through resource conversion and recent discovery of higher grade ore at depth at Golden Point.” “At Haile, we continue to achieve positive exploration results by identifying new pockets of mineralisation within the existing operating footprint and at depth. We do look forward to further extensive drilling at deeper targets once the Horseshoe underground is built. At Didipio, drilling towards the base of Panel 2 of the underground has yielded increases to the resource at the operation.” | |
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