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Transaction Announcement Reports
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Project: | Syama | |
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Deposit: | Syama | |
Location: | Mali | |
Commodities: | Gold | |
Date: | 10/23/2017 | |
Report Code: | JORC | |
Report Type: | Resource Estimation | |
Project Stage: | Active Mining & Production | |
Report details: | 23-10-2017: Resolute Mining Ltd. announces a Resource Estimation report for its Syama deposit at the Syama project. Updated mineral resource at Syama increases grade to 3.2g/t Au. Resolute Mining Limited (Resolute or the Company) (ASX:RSG) is pleased to a | |
Resources: | (Resource, I+I): 55.9Mt @ 3.2g/t Au for 5.7Moz Au contained at Syama | |
CP/QP: | [Resources]: Susan Havlin (Optiro Pty Ltd.) | |
ABSTRACT: | Resolute Mining Limited (Resolute or the Company) (ASX:RSG) is pleased to announce a significant upgrade of underground resources at the Syama Gold Mine (Syama) in Mali. The new mineral resource has been independently estimated in accordance with the JORC code 2012 edition, incorporating results from the Syama deep drilling program. Managing Director and CEO, Mr John Welborn, was thrilled by the growth in resources at Syama: “Resources at Syama Underground have increased significantly in both size and in grade. The upgrade is reward for our renewed focus on using exploration to create value, for our commitment to maximising the potential of Syama, and ultimately for our belief that Syama is a world class mining operation. The expansion of the Mineral Resources will inform the various studies we have commenced aimed at potential expansion of future production. | |
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