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Trans-Siberian Gold plc
Summary
| Project: | Asacha | |
|---|---|---|
| Deposit: | Asacha | |
| Location: | Russia | |
| Commodities: | Gold-Silver | |
| Date: | 6/21/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 21-6-2017: Trans-Siberian Gold plc announces a Resource Estimation report for its Asacha deposit at the Asacha project. Updated mineral resource for the deposit . Trans-Siberian Gold plc ("TSG" or the "Company") (TSG.L) announces an update of the Mineral | |
| Resources: | (Resource): 0.68Mt @ 19g/t Au, 55g/t Ag (M+I) & 0.37Mt @ 23g/t Au, 47g/t Ag | |
| CP/QP: | [Resources]: Carrie Nicholls (ARANZ Geo Ltd.) | |
| ABSTRACT: | Trans-Siberian Gold plc ("TSG" or the "Company") (TSG.L) announces an update of the Mineral Resource estimate for the Asacha deposit in Kamchatka, Russia. The updated Mineral Resource estimate was conducted by AranzGeo ("AGL"), based in Australia and classified according to the guidelines of the JORC Code (2012). The resource at Asacha occurs in two zones: the Main zone (currently being mined) and East zone (not yet mined). The Main zone comprises six defined veins, with the bulk of the resource contained in two of these, QV1 and QV2, while the East zone is comprised of three narrow vein structures. The purpose of these annual updates is to incorporate new data available from mining development, and to account for mining depletion. In addition to mining development data for the 2016 mineral resource estimate on the Main zone veins, an update to the East zone QV25 with new exploration data was incorporated. Dmitry Khilov, CEO of TSG, commented: "We are pleased with the results of the annual review of our mineral resources which indicate no material change and confirm high grades within the in-situ resources. Our team work hard on understanding the ore-body and continue to seek to enhance efficient ways of exploiting this excellent deposit." | |
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