Paragon and Golden Dory Increase Resource Estimate

Gold Investing

Paragon Minerals Corporation (CVE:PGR) reports Golden Dory Resources Corp., its exploration partner has completed an updated NI 43-101 compliant gold resource estimate on the Huxter Lane gold property, Newfoundland. The updated resource, prepared by independent consultant Mr. Gary Giroux, P.Eng, of Giroux Consultants Limited, estimates the Mosquito Hill Zone to contain an indicated resource of 11.18 […]

Paragon Minerals Corporation (TSXV:PGR) reports Golden Dory Resources Corp., its exploration partner has completed an updated NI 43-101 compliant gold resource estimate on the Huxter Lane gold property, Newfoundland.

The updated resource, prepared by independent consultant Mr. Gary Giroux, P.Eng, of Giroux Consultants Limited, estimates the Mosquito Hill Zone to contain an indicated resource of 11.18 million tonnes averaging 0.546 g/t gold for 196,257 ounces gold and an inferred resource of 38.76 million tonnes averaging 0.457 g/t gold for 569,496 ounces gold at a cutoff of 0.30 grams per tonne gold.

For complete news release, click here.

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