$TPRFF Lombardo Paredes Arenas, Chief Executive Officer of Gran Colombia, commenting on the Company's updated Mineral Resource estimate, said "We are pleased with the substantial increase in Measured & Indicated Mineral Resources achieved in this latest update and the replacement of close to 400,000 ounces of gold in the Inferred Mineral Resource category. We believe that our high grade Segovia Operations continue to have a considerable mine life ahead and in 2017, we have already commenced our planned 20,000 meters drilling campaign intended to further upgrade and extend Segovia's Mineral Resources."
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