VANCOUVER (miningweekly.com) – Vancouver-based Brazil Resources has filed a technical report with Canadian securities regulators outlining a significant gold resource at its Titiribi gold/copper project, located in Antioquia Department, Colombia.
According to the company, the Titiribi resource estimate comprises 4.63-million ounces of gold in the measured and indicated categories, grading 0.5 g/t, with 3.25-million ounces of gold in the inferred category, grading 0.49 g/t, at a 0.3 g/t gold cutoff.
The new resource statement boosted Brazil Resourcesꞌ global resource totals to more than 7.8-million ounces, or 10.4-million ounces gold equivalent in the measured and indicated categories, and 10.3-million ounces, or 12.6-million gold equivalent, in the inferred category.
The project is located in a burgeoning gold-producing region, with nearby gold projects in development or production comprising AngloGold Ashantiꞌs Quebradona, B2Gold/AngloGold Ashantiꞌs Gramalote, Continental Goldꞌs Buritica, Red Eagleꞌs San Ramon and Gran Colombiaꞌs Marmato projects.
Edited by: Samantha Herbst
Creamer Media Deputy Editor
EMAIL THIS ARTICLE SAVE THIS ARTICLE
To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here
