RE:CroinorMonarch only explored a small fraction of the 155 sq km of Croinor property and achieved incredible results. Croinor has huge potential!
The deposit has 236,000 oz. gold in the measured and indicated category (804,600 tonnes grading 9.12 grams gold per tonne) and 38,400 oz. gold in the inferred category (160,800 tonnes averaging 7.42 grams gold), but the known resource has been chased down only to a depth of 350 to 400 metres, Lacoste says, and is open at depth. “It needs a lot of exploration to potentially double or triple the resource by drilling much deeper, and following different vein systems,” he says. “We also discovered some very interesting potential within the vicinity of the main deposit in January 2017, when we found a 25-metre zone of 8-gram material sitting about 500 metres from the current deposit.”