New Carolin Reports Positive PEA at Ladner Gold Tailings Project

- December 19th, 2011

New Carolin Gold Corp. (TSXV:LAD,OTC Pink:MDULF) announced that a PEA at its Ladner Gold project returned favorable results.

New Carolin Gold Corp. (TSXV:LAD,OTC Pink:MDULF) announced that a PEA at its Ladner Gold project returned favorable results.

As quoted in the press release:

The NI 43-101 resource study delineated an Indicated Mineral Resource estimate of 23,700 oz gold in 445,378 tons at a cutoff grade of 1.00 gm/t gold and an Inferred Mineral Resource estimate of 5,000 oz gold in 93,304 tons at a cutoff grade of 1.00 gm/t gold.

Click here for the New Carolin Gold Corp. (TSXV:LAD) press release.

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