RE:RE:RE:RE:Nice Actionhttps://www.orezone.com/news/press-releases/2016/9/orezone-bombor%C3%A9-project-2016-mineral-resource-statement
The 2016 estimate is more conservative than the 2013 estimate due the Company’s re-interpretation of the mineralized domains coupled with restrictions on the grade modeling of the low grade domains.
Using similar cut-off grades to the 2013 estimate for comparison purposes (Table 2), the results indicate that the tonnage and gold ounces contained in the previous 2013 overall combined Measured and Indicated (M&I) resource have been reduced by 29% and the average gold grade by 4% to 0.97 gram per tonne (gpt). Within this higher grade portion of the resource, the oxidized and transition M&I resource has been reduced by 31% and the average gold grade by 2% to 0.89 gpt. The fresh rock (sulphide) M&I resource has been reduced by 28% and the average gold grade by 6% to 1.04 gpt.