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GoldMining Announces NI 43-101 Gold Resource for the Crucero Gold Project, Peru
Jan. 16, 2018 08:47AM PST
Gold InvestingGoldMining (the “Company” or “GoldMining”) (TSX-V: GOLD; OTCQX: GLDLF) is pleased to announce the results of a National Instrument 43-101 (“NI 43-101”) mineral resource estimate for its Crucero Gold Project (the “Crucero Project” or the “Project”) located in the Department of Puno, southeastern Peru. The estimate includes an indicated resource of 30,653,000 tonnes grading 1.0 g/t gold …
GoldMining (the “Company” or “GoldMining”) (TSX-V: GOLD; OTCQX: GLDLF) is pleased to announce the results of a National Instrument 43-101 (“NI 43-101”) mineral resource estimate for its Crucero Gold Project (the “Crucero Project” or the “Project”) located in the Department of Puno, southeastern Peru. The estimate includes an indicated resource of 30,653,000 tonnes grading 1.0 g/t gold (1.0 Moz) and an inferred resource of 35,779,000 tonnes grading 1.0 g/t gold (1.1 Moz) at a 0.4 g/t gold cut-off.
Amir Adnani, Chairman of GoldMining, commented:
“We are pleased to announce the resource estimate for our Crucero Project, which represents another milestone in the execution of our long-term growth strategy. In 2017, we worked towards furthering this strategy by successfully completing three acquisitions – the Crucero, La Mina and Yellowknife Gold Projects. Our plan in 2018 is to continue this strategy and build upon our vision of maximizing gold leverage for our shareholders.”