Philippe Cloutier, President & CEO, reviews Cartier’s latest resource estimate increasing gold resources at Chimo Mine to 684,000 oz indicated and to 1,358,000 oz inferred
Highlights
- The new resource estimate consists of 6,616,000 tonnes at an average grade of 3.21 g/t Au for a total of 684,000 ounces of gold in the Indicated category and
- 15,240,000 tonnes at an average grade of 2.77 g/t Au for a total of 1,358,000 ounces of gold in the Inferred category.
- The resource estimate is constrained using DSO “ Deswik Stope Optimizer ” with a cut-off grade of 2.0 g/t Au for the North and South Gold Corridors and 1.5 g/t Au for the Central Gold Corridor and using a price of gold of USD 1,612 US / oz.
Read the complete release here: Cartier Increases Gold Resources at Mine Chimo Property to 684,000 oz Indicated and to 1,358,000 oz Inferred – Cartier Resources Inc. (ressourcescartier.com)
