Including the underground section, the Indin Lake project boasts an estimated resource of 58.16 million tonnes grading 1.44 g/t for 2.69 million oz. gold in the indicated category, plus 19.69 million tonnes grading 2.10 g/t for 1.33 million oz. gold inferred.
The mineral resource estimate incorporated 39,065 metres of drilling from the 2021 and 2020 exploration programs, which were excluded from the last update in 2021. Resource expansion drilling in 2021 was principally on-strike of the deposits, to increase drill density in areas where drill data was limited and to test the lateral extent of smaller deposits.
The 2022 estimate comprises nine deposits, five of which are located within the Colomac Centre (Colomac Main, Goldcrest, Grizzly Bear, 24 and 27). The remaining four satellite deposits are located between 11 to 28 km from the Colomac Centre (Kim, Cass, Damoti, and Treasure Island) and demonstrate typically higher-grade open…
