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Wednesday, May 11, 2016 7:12:16 PM
http://www.barchart.com/detailedquote/stocks/GRG.VN
Highlights of the Mineral Resource Estimate:
New Measured Resource of 17 million ounces of AgEq at 149 g/t AgEq grade.
(3.6 million tonnes grading 115g/t silver, 0.56% lead, 0.38% zinc at a 45g/t AgEq cut-off)
Increase in Indicated Resources by 34 million ounces to 138 million ounces AgEq.
(30.6 million tonnes grading 88g/t silver, 0.85% lead, 0.60% zinc at a 45g/t AgEq cut-off)
Average grade increased from 125g/t AgEq to 142 g/t AgEq in Measured and Indicated.
Inferred Mineral Resource of 90 million ounces of AgEq at 85 g/t AgEq grade (32.9 million tonnes grading 42g/t silver, 0.44% lead and 0.76% zinc at a 45g/t AgEq cut-off)
Deposit continues to remain open to expansion
Details of the mineral resource estimate methodology, including metals pricing and equivalency calculations, a comparison with the previous estimate, sensitivity analysis to cut-off grades and sampling QA/QC can be found in the section below.
A NI 43-101 Technical Report supporting disclosure of this mineral resource and containing addition details will be filed by Golden Arrow on SEDAR within 45 days of this press release.
http://www.goldenarrowresources.com/s/NewsReleases.asp?ReportID=745189&_Type=News-Releases&_Title=Golden-Arrow-Announces-Upgraded-Resource-Estimate-for-Chinchillas-Silver-Pr...
Disclaimer: Do not ever buy a stock because of my opinions ever because you can lose everything. Nothing I say is ever a recommendation, but just an opinion. Don't Buy, Don't Buy as Cramer would say on CNBC. Do your OWN DD.
Recent GRG News
- Golden Arrow Initiates Permitting for Additional Drilling at the San Pietro Iron-Copper-Gold-Cobalt Project, Chile • PR Newswire (Canada) • 09/19/2024 11:00:00 AM
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- Golden Arrow Reports Exciting New Results Including 20m at 1.47% Cu from the Sparsely Drilled Centre of the Rincones Target at its San Pietro Iron-Copper-Gold-Cobalt Project, Chile • PR Newswire (Canada) • 07/11/2024 11:00:00 AM
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