The Conversation (0)
Critical Elements Corporation (CVE:CRE) and Blue Note Mining Inc. (CVE:BNT) report that Blue Note has resumed a 3,000 meter diamond drill program at the Croinor gold project, Quebec.
The press release is quoted as saying;
Blue Note is also in the process of updating the Mineral Resources and Mineral Reserves for Croinor that were previously estimated in 2009 to include the results from the 2010 and 2011 drilling campaigns. The 2009 Mineral Resource estimate totalled 814,228 tonnes (measured and indicated) grading 9.11 g/t gold with a cut-off grade of 5.0 g/t. Based on a positive prefeasibility study completed in 2010, Mineral Reserves were reported at 689,829 tonnes (proven and probable) grading 8.35 g/t gold for a total of 185,260 ounces of mineable gold (see NI43-101 compliant technical reports prepared September 2009, August 2010 and revised on June 2011 available at www.sedar.ca).
Click here to access the entire news release.
Click here to access Critical’s company profile.(TSXV:CRE)