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SGX Tables Mineral Resources Estimate Update for Tully Gold Property near Timmins, Ontario
SGX Tables Mineral Resources Estimate Update for Tully Gold Property near Timmins, Ontario
About this update from 55 North Mining Inc.
[{"type":"text","content":"\n\n\n\n Nov. 2, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nSXR: TSX-V www.sgxresources.com\n\n\nWINNIPEG, Nov. 2 /CNW/ - Hugh Wynne, CEO of SGX Resources Inc. (SXR:\n TSX-V) is pleased to report that a comprehensive, NI 43-101 compliant\n report has been completed for the Tully Gold Property, located within\n Tully Township near Timmins, Ontario. The Report includes a geological\n potential and mineral resource estimates as well as a preliminary\n economic assessment. The Tully Gold Property is owned 50% by San Gold\n Corporation (SGR: TSX) and 50% by SGX Resources Inc. with SGX being the\n operator. The following table from the Report summarizes the mineral\n resources and geological potential estimates.\n\n\nSummary of Mineral Resource and Geological Potential Estimates \n\n\n\n\n \n\n\n \n\n\n \n\n\nTonnes \n\n\n \n\n\n \n\n\nGrade\nGrams/tonne \n\n\n \n\n\n \n\n\nContained Gold\ntroy ounces\n\n\n\n\nIndicated Mineral Resources\n\n\n \n\n\n \n\n\n362,090 \n\n\n \n\n\n \n\n\n8.0 \n\n\n \n\n\n \n\n\n93,140\n\n\n\n\nTotal Inferred Mineral Resources     \n\n\n \n\n\n \n\n\n592,070 \n\n\n \n\n\n \n\n\n7.3 \n\n\n \n\n\n \n\n\n139,880\n\n\n\n\nGeological Potential (to 650m) \n\n\n \n\n\n \n\n\n6 to 7.8 million\n\n\n \n\n\n \n\n\n8.0 to 10\n\n\n \n\n\n \n\n\n1.5 to 2.5 million\n\n\n\n\n\nThe Geo...