Spanish Mountain Gold Ltd.: Spanish Mountain Gold Reports Results of Pre-Feasibility Study Along with Mineral Reserve Estimate & Updated Mineral Resource Estimate
Spanish Mountain Gold Ltd. (TSXV: SPA) (the
Company ) is pleased to announce the positive results of the Pre-Feasibility Study (the
PFS ) for the 100% owned Spanish Mountain gold project (the
Project ) located in central British Columbia, Canada. The PFS, which is prepared in accordance with NI 43-101
Standards of Disclosure for Mineral Projects, delineates a Mineral Reserve within the near-surface/ higher-grade portion of the Mineral Resource. All dollars figures are in Canadian (
CAD) unless otherwise noted. In accordance with industry practice, certain key economic metrics are stated in USD to facilitate comparison with projects/ mines globally.
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Mandalay Resources Corporation Discovers New Gold Rich Structural Domain Below the Youle Mine
Newly-discovered Shepherd Zone contains coarse visible gold in two major veining horizons
TORONTO, April 26, 2021 (GLOBE NEWSWIRE) Mandalay Resources Corporation ( Mandalay or the Company ) (TSX: MND, OTCQB: MNDJF) is pleased to provide preliminary details on the newly-discovered structural domain below the Youle deposit named the Shepherd Zone at its Costerfield Operation (Victoria, Australia), containing coarse visible gold in two major veining horizons.
Drilling highlights:
426.7 g/t gold over a true width of 0.77 m in BC193
Western Veining
460.5 g/t gold over a true width of 0.11 m in BC176 (previously reported)
Investegate |Mandalay Resources Corporation Announcements | Mandalay Resources Corporation: Mandalay Resources Corporation Discovers New Gold Rich Structural Domain Below the Youle Mine investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.