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    Olympus Increases Total Gold Resource

    Investing News Network
    Mar. 05, 2012 09:00AM PST
    Gold Investing

    Olympus Pacific Minerals Inc. (TSX:OYM,OTCQX:OLYMF,FWB:OP6,ASX:OYM) announced it has expanded its global gold resources to 4.53 million ounces.

    Olympus Pacific Minerals Inc. (TSX:OYM,OTCQX:OLYMF,FWB:OP6,ASX:OYM) announced it has expanded its global gold resources to 4.53 million ounces.

    As quoted in the press release:

    At present, measured + indicated resources [at the Bau project] comprising 15,541,000t @ 1.56 g/t Au (containing 779,500 oz gold), plus inferred resources comprising 11,145,000t @ 1.51 g/t Au (containing 540,000 oz gold) within the Jugan and Bekajang sectors of the Central Bau gold trend are the subject of mining feasibility studies.

    Click here for the Olympus Pacific Minerals Inc. (TSX:OYM) press release.

    gold trendpacific minerals inc
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