Mercer Gold acquired an option to earn a 100% interest in a 247 hectare (approximately 600 acres) project called the Guayabales Gold Project in the Marmato district, Caldas, Colombia. The property sits immediately adjacent to and on trend with a 9.7 million ounce resource of measured, indicated and inferred category that’s open to expansion. An NI 43-101 technical report recently stated that the similarities of Guayabales and Marmato include a number of key elements, including the same host rocks, structural trends, styles of mineralization and types of alteration.Mercer Gold acquired an option to earn a 100% interest in a 247 hectare (approximately 600 acres) project called the Guayabales Gold Project in the Marmato district, Caldas, Colombia.
The property sits immediately adjacent to and on trend with a 9.7 million ounce resource of measured, indicated and inferred category that’s open to expansion. An NI 43-101 technical report recently stated that the similarities of Guayabales and Marmato include a number of key elements, including the same host rocks, structural trends, styles of mineralization and types of alteration.
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