Alexandria Minerals Corporation (TSXV:AZX) updated mineral resource estimates for its Akasaba property in Val d’Or, Quebec.
As quoted in the press release:
Inferred Resources total 620,612 ounces of gold and 61,255,885 kilograms (134,762,947 lbs.) of copper, equivalent to 342,108 ounces of gold, up 263% over the previous year’s estimate.
Alexandria’s President , Eric Owens, said:
We are very pleased with the substantial increase in resources at Akasaba. A major factor influencing the increase was the new discovery of the West Gold‐Copper Zone this past year, a result of our decision to step out significantly and test targets farther afield.