Sulliden Releases Updated Shahuindo Project Mineral Resource Estimate

Sulliden Gold Corporation Ltd. (OTCQX:SDDDF) announced an update to the mineral resource estimate at the Shahuindo Project in Peru, increasing silver estimates to 33,370,000 ounces of measured and indicated.

As quoted in the press release:

Highlights from the new Mineral Resource:

Measured and Indicated oxide gold mineral resources increase to 2,438,000 ounces

Inferred gold mineral resources increase to 1,628,000 ounces

Measured and Indicated silver mineral resources increase to 33,370,000 ounces

Inferred silver mineral resources increase to 46,560,000 ounces

Stéphane Amireault, VP of Exploration for Sulliden, commented:

We are pleased to have added 24% more material in the Measured and Indicated category since the last mineral resource estimation. The drilling we conducted in the Central Corridor also increased our knowledge of the geological nature of the area hosting the Mineral Resource, which will assist us in our future exploration efforts. In the last year, drilling activities at Shahuindo have mostly focused in the Central Corridor in preparation for the mine plan; however, we have located several other exploration targets, including the recently drilled North Corridor, which represent excellent short and medium term mineral growth opportunities for the Project.

Click here to read the full press release.