OTCPK:MEAOD - Post by User
Post by
mstettleron Jun 26, 2018 9:45pm
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Post# 28233960
Now these are drill results.
Now these are drill results.
John Lewins, K92 Chief Executive Officer and Director, states, "In March we announced a Measured and Indicated Resource for Kora North of 136,700 tonnes at 14.5 g/t AuEq containing 63,700 AuEq ozs. Now. three months later, we have grown the resource more than five- fold to 685,700 at 14.5 g/t AuEq containing 320,500 AuEq ozs. Likewise, the Inferred Resource has grown from 183,500 tonnes at 16.1 g/t AuEq containing 95,000 AuEq ozs to over one million tonnes at 15.2 g/t AuEq containing 571,000 AuEq ozs. This resource covers just 10% of the total area of 1,000 metres by 1,000 metres that we plan to drill out from underground over the coming 12 months. The Measured and Indicated Resources alone represent over six years of production at current design levels, with the Inferred Resource representing a further eleven years."