The group is planning to sell the Brazilian copper and gold assets it acquired with the takeover of Oz Minerals.
The results from the early season program come just two weeks after Snowline released similarly strong results from the first two drill holes of this year’s program.
The Na-Cho Nyäk Dun Nation had called for a pause to all mining and an independent investigation after the landslide at the facility where cyanide is used to extract gold.
Bullion held by the People’s Bank of China was unchanged at 72.8 million troy ounces at the end of last month.
