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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Ms. Baby Boomer who wrote (46003)7/29/2013 11:11:15 AM
From: Ms. Baby Boomer  Read Replies (1) of 48092
 
InPlay: 7:05AM IAMGOLD reports first mineral resource estimate on the Boto Gold Project in Senegal ( IAG) 5.34 : Co announced the first mineral resource estimate in accordance with National Instrument 43-101 for its 100% owned Boto Gold Project in eastern Senegal, West Africa. With the discovery of the new Malikoundi zone in 2012, IAMGOLD significantly expanded its exploration drilling program, culminating in the completion of the first mineral resource estimate for the project. The resource estimate, which includes resources calculated for the Boto 2, 4, 5 and 6 deposits as well as the new Malikoundi deposit, is comprised of Indicated Resources totalling 22 million tonnes averaging 1.62 grams of gold per tonne for 1.14 million ounces and Inferred Resources comprised of 1.9 million tonnes averaging 1.35 grams of gold per tonne for 81,000 ounces. A significant portion of the estimate is derived from the newly discovered Malikoundi deposit which overall displays higher grades than most of the previously discovered zones....

(Source: Briefing.com)
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