@nordesmic B2 just realeased there resource estimate for Toega...

@nordesmic

B2 just realeased there resource estimate for Toega

Copied from report-

• Initial Inferred Mineral Resource estimate of 17,530,000 tonnes of 2.01 grams per tonne (“g/t”), containing 1,130,000 ounces of gold, indicates the potential to be an open-pittable deposit
• Toega mineralized zone now extends 1,200 metres along strike, and is 430 metres wide and up to 400 metres deep.
• Toega mineralized zone remains open along strike to the north-northeast and down dip
• Recent drilling has intersected good grade in a potential new mineralized zone. Drilling is ongoing to infill and determine the ultimate size of the Toega zone, and to further test the new mineralized zone

Initial Resource Estimation Details

The effective date of the Mineral Resource estimate is January 8, 2018. A total of 165 drill holes (37,776 metres of drilling) were used in the estimate. Inferred Mineral Resources are supported by a nominal drill hole spacing of 100 by 100 metres; however, 65% of the reported resource has been drilled to a 50 by 50 metre, or tighter, drill hole spacing.

Inferred Mineral Resources reported at different gold cutoff grades are presented as a sensitivity case.