Drill results in Manitoba have increased the strike length of the deposit to 1,000 metres and hit mineralization at depths of approximately 800 metres.
To date, over 80% of the holes drilled into the LP fault, Dixie Limb and Hinge zones returned visible gold, with the mineralization in the form of free gold, and not bound to or within sulphides.
Drill highlights include 29.2 metres of 0.54% copper starting at surface from the New Year zone, with a higher-grade 2.3-metre section of 1.95% copper from 11 metres.
Company has signed an agreement that will provide its Carmen de Andacollo copper operation with 100% renewable power, eliminating 200,000 tonnes of greenhouse gas emissions.
Study suggests a 16,875 t/d heap-leach operation, using existing processing capacity, generating an average of 69,000 gold oz. per year between 2021 and 2027 at AISCs of $1,204 per oz.
