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Posted On: 06/05/2017 10:06:12 AM
Post# of 53574
$PGLC / $T.PGLC Mineral Reserve and Resource Estimate
The PFS also allows for the categorization of approximately 80% of the gold ounces and 73% of the tons within the NI 43-101 measured and indicated resource at Relief Canyon as proven and probable reserves (Table 3). This conversion percentage from resource to reserve highlights the quality and quantity of work in 2016 to upgrade the Relief Canyon deposit. To date more than 1,100 holes and approximately 500,000 feet of drilling have been completed at Relief Canyon. This includes 430 core holes and nearly 290,000 feet of drilling completed by Pershing Gold.
https://finance.yahoo.com/news/pershing-gold-...00261.html
The PFS also allows for the categorization of approximately 80% of the gold ounces and 73% of the tons within the NI 43-101 measured and indicated resource at Relief Canyon as proven and probable reserves (Table 3). This conversion percentage from resource to reserve highlights the quality and quantity of work in 2016 to upgrade the Relief Canyon deposit. To date more than 1,100 holes and approximately 500,000 feet of drilling have been completed at Relief Canyon. This includes 430 core holes and nearly 290,000 feet of drilling completed by Pershing Gold.
https://finance.yahoo.com/news/pershing-gold-...00261.html
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