The Conversation (0)
Helio Resource Corp(TSXV:HRC) announced filing the NI 43-101 report for its SMP Gold project in Tanzania on SEDAR.
Helio Resource Corp(TSXV:HRC) announced filing the NI 43-101 report for its SMP Gold project in Tanzania on SEDAR.
Highlights from the report include:
- SRK recommend the use of the 0.5g/t Au cut off grade when evaluating the Mineral Resource.
- Measured and Indicated Mineral Resources of 1,020,000 ounces at 1.32g/t Au plus an Inferred Mineral Resource of 240,000 ounces at 1.05g/t Au at a cut-off grade of 0.5g/t. Compared to the maiden Mineral Resource estimate, these figures represent a 104% increase in metal in the Measured and Indicated category, and an 11% decrease in metal in the Inferred category.
- Robust resource – at a 0.9g/t Au cut-off the Measured and Indicated Mineral Resources are 860,000 ounces at 1.54g/t Au and the Inferred Mineral Resources are 170,000 ounces at 1.33g/t Au.
Click here to read the Helio Resource Corp (TSXV:HRC) press release
Click here to see the Helio Resource Corp (TSXV:HRC) profile