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RSC News | ✓ | ✓ | ✓ |
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Project: | Canadian Malartic Mine | |
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Deposit: | Canadian Malartic Mine | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 9/9/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Active Mining & Production | |
Report details: | 9-9-2019: Yamana Gold Inc. announces an Exploration/Drilling Update report for its Canadian Malartic Mine deposit at the Canadian Malartic Mine project. Drilling results incl. 149.0m @ 5.5g/t Au from 1267.0m. TORONTO, Sept. 09, 2019 -- YAMANA GOLD INC. (T | |
Resources: | ||
CP/QP: | [Overall Report]: Henry Marsden (Internal) | |
ABSTRACT: | TORONTO, Sept. 09, 2019 -- YAMANA GOLD INC. (TSX: YRI; NYSE: AUY) (“Yamana” or “the Company”) today provided an update on exploration activities at its 50% owned Canadian Malartic mine in northern Quebec.1 The Company also indicated that an exploration update is planned for each of El Peñón and Minera Florida in the fourth quarter. The primary objective of exploration at Canadian Malartic in 2019 is defining and increasing underground mineral resources, with a focus on Odyssey, East Malartic, and now the newly discovered East Gouldie zone. The potential exists in these areas to increase production by supplementing open pit production with higher grade underground feed and also to extend mine life. Drilling to date has defined considerable mineral resources that continue to grow at depth, and identified a new zone which points to the potential of a larger converging mineralized zone, thereby suggesting the prospect for a large underground bulk tonnage opportunity. | |
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