First Mining ups gold resources at Duparquet in Quebec

Date:

By incorporating these previous drill holes, Duparquet’s resource has now increased by 327,000 oz. to 3.4 million oz. (69.2 million tonnes at 1.52 g/t) in the measured and indicated category, and by 193,000 oz. to 1.6 million oz. (37.4 million tonnes at 1.36 g/t) in the inferred category.

“This resource growth from incorporating the 2013 to 2018 drilling is just the beginning of what we see as immense value potential here at Duparquet,” First Mining CEO Dan Wilton said in a media statement.

“Based on the size of its current resource, Duparquet represents one of the top four undeveloped gold projects in the province of Quebec,” he said. “Its above average M+I open pit grade of 1.52 g/t gold provides excellent mining flexibility and along with its size and location, make it a very versatile deposit amenable to different potential mining scenarios with good future growth potential.”

The company intends to complete…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...