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Posted On: 06/23/2017 11:17:12 AM
Post# of 15389
$PGLC / $T.PGLC The new resource shows 789,000 ounces of gold in the higher confidence measured and indicated category, and 45,200 in inferred. A first resource of silver was also outlined - at 2mln ounces.
Alfers said that the strong measured and indicated (M+I) resources indicated the potential for reserve growth.
"The fact that we have a nice healthy M+I resource that backs up the reserve indicates there's some low-hanging fruit for significant growth as we continue to convert resources to reserves," he said.
http://www.proactiveinvestors.com/companies/news/179176
Alfers said that the strong measured and indicated (M+I) resources indicated the potential for reserve growth.
"The fact that we have a nice healthy M+I resource that backs up the reserve indicates there's some low-hanging fruit for significant growth as we continue to convert resources to reserves," he said.
http://www.proactiveinvestors.com/companies/news/179176
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