- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
San Gold Corporation Provides Updates for Rice Lake, Guidance for 2013 & 2014
San Gold Corporation (TSX:SGR, OTCQX:SGRCF) announced updates to mineral resources, production results and guidance for 2013 & 2014 for Rice Lake.
San Gold Corporation (TSX:SGR, OTCQX:SGRCF) announced updates to mineral resources, production results and guidance for 2013 & 2014 for Rice Lake.
As quoted in the press release:
Highlights
- Proven and Probable mineral reserves of 253,000 ounces, an increase of 21% from March 31, 2012 (an increase of 75% after accounting for mined ounces).
- Measured and Indicated mineral resources of 655,000 ounces, an increase of 17% from March 31, 2012 (an increase of 32% after accounting for mined ounces).
- Highest ever production in 2012 of 86,506 ounces of gold, an increase of 17% over 2011.
- Milling capacity was significantly increased during the year to 2,500 tons per day from 2,000 tons.
- Continued exploration success along the depth extension of the 007 zone that returned 12.6 g/t gold over 6.0 metres and 15.5 g/t gold over 11.1 metres.
San Gold’s President and Chief Executive Officer, George Pirie, said:
2013 will mark another significant step forward in the evolution of the Rice Lake Mining Complex by extending operational access beneath the current mining areas at the 007 and Hinge mines, which have combined resources capable of sustaining production for the next ten to fifteen years.
To view the whole press release, click here.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â