Apr 3 ... reports 27% increase in the measured and indicated gold resource at Nicholas Lake, Yellowknife Gold Project, NWT, Canada
VANCOUVER, April 3 /CNW/ - Tyhee Development Corp. (TSX Venture, TDC) (the "Company") today announced a revision to the August 2007 NI 43-101 estimate of the Nicholas Lake gold resource. The new resource reflects a change in approach to allow for bulk mining techniques, as well as the complete assaying of the archival drill core. The Measured and Indicated gold resource has increased by 27% to 311,000 ounces, and the Inferred gold resource has increased by 22% to 120,000 ounces of gold. The Ormsby and Bruce Zones have not been revised in this report.
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