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Bullboard - Stock Discussion Forum Sulliden Gold Corporation Ltd T.SUE.WT

TSX:SUE.WT - Post Discussion

Sulliden Gold Corporation Ltd > They got the goods NI4 3-01
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Post by G4General on Oct 04, 2012 12:53pm

They got the goods NI4 3-01

Highlights from the new Mineral Resource:

  • Measured and Indicated oxide gold mineral resources increase to 2,438,000 ounces
  • Inferred gold mineral resources increase to 1,628,000 ounces
  • Measured and Indicated silver mineral resources increase to 33,370,000 ounces
  • Inferred silver mineral resources increase to 46,560,000 ounces

"We are pleased to have added 24% more material in the Measured and Indicated category since the last mineral resource estimation." said Stéphane Amireault, VP of Exploration for Sulliden. "The drilling we conducted in the Central Corridor also increased our knowledge of the geological nature of the area hosting the Mineral Resource, which will assist us in our future exploration efforts. In the last year, drilling activities at Shahuindo have mostly focused in the Central Corridor in preparation for the mine plan; however, we have located several other exploration targets, including the recently drilled North Corridor, which represent excellent short and medium term mineral growth opportunities for the Project."

The new Mineral Resource estimate will form the basis of the Feasibility Study, which is currently in the final stages of detailed engineering.

Comment by safi61 on Oct 04, 2012 2:12pm
Sure, they've got the goods, but it's in the wrong hands. What we know now is that their focus is not on building a mine, but on taking the money and run.  Here's our friend otto again this morning:  "The piece of useful, actionable information to come from yesterday's chain of events on SUE is that employees of brokerages are too damned lazy to ...more  
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