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Posted On: 06/12/2017 12:28:45 PM
Post# of 25173
$PGLC / $T.PGLC Favorable economics reinforced...
The favorable economics of Relief Canyon are reinforced throughout the PFS, the group also told investors.
The report points to the viability of contract-mining and conveyor stacking to bring the project into production.
The PFS categories around 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.
So far, 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 the company.
The total measured (the highest confidence category) gold ounces is put at 327,000 ounces, while the measured silver ounces is put at 1.325mln ounces.
http://www.proactiveinvestors.com/companies/news/178786
The favorable economics of Relief Canyon are reinforced throughout the PFS, the group also told investors.
The report points to the viability of contract-mining and conveyor stacking to bring the project into production.
The PFS categories around 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.
So far, 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 the company.
The total measured (the highest confidence category) gold ounces is put at 327,000 ounces, while the measured silver ounces is put at 1.325mln ounces.
http://www.proactiveinvestors.com/companies/news/178786
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