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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: russwinter who wrote (2678)10/11/2001 5:39:37 AM
From: goldsheet  Read Replies (2) of 4051
 
Couple of stocks with VERY good increases in reserves:

RESOLUTE LTD
The Board of Resolute Mining Limited announced today a significant
upgrade in the mining reserves at its Golden Pride mine in Tanzania
to 13.1 million tonnes grading 2.5g/t Au for 1,072,957 ounces.
This represents an increase of more than 500,000 ounces over the
reserves remaining at 30 June 2001 (5.8 million tonnes @ 2.91 g/t Au
for 545,929 ounces).
flq.com.au

EQUIGOLD NL
The minable gold reserve has increased by in excess of 80% and at
the current mill throughput rate of 2.5 million tonnes per annum the
mine life of the project has increased for 18 years. This almost
doubles the original mine life of 10 years.
flq.com.au
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