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Troy Resources Ltd.

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Summary

Project:

Karouni

Deposit:Karouni
Location:Guyana
Commodities:Gold
Date:10/10/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:10-10-2019: Troy Resources Ltd. announces a Resource Estimation report for its Karouni deposit at the Karouni project. Updated mineral resource and ore reserve. Troy Resources Limited (ASX: TRY) (Troy or the Company) advises that it has completed its annu
Resources:(Reserve, P+P): 1.203Mt @ 1.9g/t Au at Karouni
CP/QP:[Resources]: Richard Maddocks (Not stated)
ABSTRACT:Troy Resources Limited (ASX: TRY) (Troy or the Company) advises that it has completed its annual Mineral Resource and Ore Reserve Statement as of 30 June 2019. The Karouni Resources and Reserve Statement has been updated to take into account mining depletion as well as design changes at Smarts. In addition, Ore Reserves have been included for the first time for the Larken deposit. Ohio Creek has also been included for the first time as an Inferred Mineral Resource. The Ore Reserve Statement for Karouni as at 30 June 2019 is summarised in Table 1.

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