moto gold project resource estimate

http://stocknessmonster.com/news-item?S=MOE&E=ASX&N=296306


PERTH, WESTERN AUSTRALIA: As part of the initial phase of the feasibility study process Cube
Consulting has completed an updated independent resource estimate on Moto Goldmines Ltd’s Moto gold
project in the north east of the Democratic Republic of Congo.

Estimated resources at the Moto gold project
are:
• Indicated resources - 8.23 million tonnes at 2.6 g/t Au for 0.70 million ounces of gold; and
• Inferred resources - 89.23 million tonnes at 2.6 g/t Au for 7.33 million ounces of gold.


A further resource upgrade is planned for later in the current calendar year upon receipt of further infill
drilling results and from extension drilling at various projects (including Karagba)".