‘’When the markets turn, and they will, you don’t want to be catching up.”
Philippe Cloutier, President and CEO, joins Cory Fleck to highlight the updated Resource Estimate at the now consolidated Chimo Mine Project, in Quebec. This resource is the first time the newly acquired East Cadillac Property has been combined with the Company’s Chimo Mine Project. The current resource is now 7,128,000 tonnes at an average grade of 3.14 g/t Au for a total of 720,000 ounces of gold in the Indicated category and 18,475,000 tonnes at an average grade of 2.75 g/t Au for a total of 1,633,000 ounces of gold in the Inferred category.
Philippe outlines the overall resource and explains what contributed to the slightly larger than expected resource. They then look ahead to the exploration plans that are still focused on expanding this resource and discuss how the upcoming drilling will still be focused outside the current resource rather than on infill drilling.
