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greenhorn16on Jul 06, 2011 9:07am
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inferred resource of 2.7 million tonnes at an aver
inferred resource of 2.7 million tonnes at an aver
Xmet to update Duquesne-Ottoman resource estimate
2011-07-06 08:31 ET - News Release
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Mr. Charles Beaudry reports
XMET TO UPDATE NI-43-101 MINERAL RESOURCE ESTIMATE ON THE DUQUESNE-OTTOMAN PROJECT
Xmet Inc. has retained Watts, Griffis and McOuat Ltd. Consulting Geologists and Engineers of Toronto, Canada, to prepare an update of the initial NI 43-101 mineral resource estimate reported at the Duquesne-Ottoman property on Sept. 24, 2010 (inferred resource of 2.7 million tonnes at an average cut grade of 5.29 grams Au per tonne (6.00 grams Au per tonne uncut) hosting 465,000 ounces Au cut (525,000 ounces Au uncut)). WGM is an established, internationally recognized consulting firm with extensive experience in the preparation of NI 43-101-compliant resource estimates
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