NAG 2.78% 1.9¢ nagambie resources limited

Gold Price $A, page-42

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    KLA are expected to announce their mineral reserve report shortly and they are expecting it to be a doozie

    Here are some numbers to make your head sping

    KIRKLAND LAKE GOLD REPORTS WIDE, HIGH-GRADE INTERCEPTS AT SWAN ZONE, COMPANY TARGETING SIGNIFICANT GROWTH IN MINERAL RESERVES
    • Infill drilling at Swan Zone (“Swan” continues to return intercepts with exceptionally high-grades, substantial widths and visible gold
      ➢ Key intercepts: 598 g/t Au over 6.4 m (ETW 5.8 m); 625 g/t Au over 3.6 m (ETW 3.3 m);
      218 g/t Au over 5.6 m (ETW 5.2 m); and 144 g/t Au over 16.5 m (ETW 14.4 m)
    • High-value, visible-gold bearing intercepts demonstrate continuity of mineralization up to 200 m down-plunge from current Mineral Reserves
      ➢ Key intercepts: 251 g/t Au over 3.6 m (ETW 3.2 m); 246 g/t Au over 5.3 m (ETW 3.8 m);
      95.3 g/t Au over 4.6 m (ETW 4.1 m); and 59.7 g/t Au over 5.1 m (ETW 3.7 m)
    • Significant growth in Swan Mineral Reserves expected in December 31, 2018 Mineral Reserve and Mineral Resource estimates (to be released in February 2019)
      Abbreviations include: g/t Au: Grams per tonne gold; m: Metres; ETW: Estimated true width
 
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