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Yamana Gold Inc.
Summary
| Project: | Jacobina | |
|---|---|---|
| Deposit: | Jacobina | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 9/25/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 25-9-2017: Yamana Gold Inc. announces an Exploration/Drilling Update report for its Jacobina deposit at the Jacobina project. Drilling results incl. 15.25m @ 2.28g/t Au from 431.9m. TORONTO, ONTARIO, September 25, 2017 ─ YAMANA GOLD INC. (TSX:YRI; NYSE:AU | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: William Wulftange (Internal) | |
| ABSTRACT: | TORONTO, ONTARIO, September 25, 2017 ─ YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or “the Company”) herein provides an update on the exploration programs at its Chapada, Cerro Moro, Minera Florida, Jacobina, and Canadian Malartic properties. The Company has budgeted $6.0 million for Jacobina’s exploration program in 2017, which includes 30,000 metres of mine delineation and infill and exploration drilling. Approximately 25,000 metres of drilling is complete to date with many of the holes returning multiple zones of above average grade gold intercepts over potentially mineable widths at the Canavieiras, João Belo and Serra do Corrego Mines. Those are particularly encouraging given that the targeted zones are areas close to existing infrastructure or areas already having development plans in place. Exploration activities at Jacobina during 2017 have built upon prior year efforts, including surface and underground based geologic investigations followed by drill testing for extensions of mineralization throughout the Serra do Corrego mineral reef system. Results to date include two important areas of work: extension to mineralization at Morro do Vento Leste and the infill program executed at João Belo. Both of these programs should add important Mineral Resources and Mineral Reserves in the short and medium-term time frames (one to four years). | |
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