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OceanaGold Corp.
Summary
| Project: | Waihi | |
|---|---|---|
| Deposit: | Waihi | |
| Location: | New Zealand | |
| Commodities: | Gold-Silver | |
| Date: | 3/29/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 29-3-2019: OceanaGold Corp. announces a Resource Estimation report for its Waihi deposit at the Waihi project. Updated mineral resource and reserve at the project. The Waihi Project area is situated within the world class gold mining town of Waihi located | |
| Resources: | (Reserve, P+P): 1.41Mt @ 3.93g/t Au, 21.4g/t Ag | |
| CP/QP: | [Resources]: Peter Church (Internal) | |
| ABSTRACT: | The Waihi Project area is situated within the world class gold mining town of Waihi located on the North Island of New Zealand. The Mineral Resources within Waihi are currently estimated to be 0.84 Million ounces of Measured and Indicated gold resource at an average grade of 4.88 grams per tonne and a further 1.08 million ounces gold in the Inferred category; the average ore grade of the Inferred material is 5.72 g/t Au. The Mineral Reserves are currently estimated to be 0.18 million ounces gold, supporting a mine life of 4 years. The previous NI 43 101 technical report for the Waihi operation was filed in November 2015. This technical report prepared in accordance with Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) for the Waihi operation (“Technical Report”) summarises work completed during the past twelve months covering optimisation of existing operations and exploration at the Wharekirauponga (WKP) deposit situated approximately 10 km north of Waihi. This report supports Mineral Resources and Mineral Reserves as at December 31, 2018. | |
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