GOLD – Ballarat mine delivers 55% resource increase
- Details
- Published: Tuesday, 31 December 2013 11:41
- Written by ASIA Miner News
LionGold Corp’s subsidiary Castlemaine Goldfields has announced an updated JORC-compliant mineral resource estimate at its Ballarat Gold Mine in the Australian state of Victoria based on ongoing diamond drilling and a review of the geological controls to gold mineralization. The updated inferred resource totals 411,000 tonnes at a grade of 8.5 grams/tonne for 112,200 ounces of contained gold when reported at a zero cut-off grade.