Alacer Gold announces a 1.2 million ounce (18%) increase in Cöpler M+I Resources to 7.3 million ounces

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[{"type":"text","content":"\n\n\n\n\n\nENGLEWOOD, CO, Feb. 27, 2012 /CNW/ - Alacer Gold Corp (\"Alacer\" or the\n \"Company\") [TSX:ASR, ASX:AQG] announces an updated Mineral Resource\n estimate for the Çöpler gold-silver-copper deposit in Turkey.\n\n\nThe updated Çöpler resource estimate has resulted in Measured and\n Indicated (\"M+I\") Resources increasing to 148.9 million tonnes at a\n grade of 1.53 grams per tonne (\"g/t\") gold, containing a total of 7.3\n million ounces (inclusive of reserves).  This represents a 1.2 million\n ounce (18%) increase on the contained ounces in the previous M+I\n Resource, prior to net mining depletion of 314,000 ounces.\n\n\nMineral Resource for the Çöpler Deposit (100%) as at December 31, 2011\n\n\nGoldCut-offGrade(g/t)\n\n\nMineralization Type\n\n\nResource Category\n\n\nTonnes(million)\n\n\nGoldGrade (g/t)\n\n\nContained Gold (million ounces)\n\n\nSilverGrade (g/t)\n\n\nCopperGrade (%)\n\n\nSulfurGrade (%)\n\n\n0.3\n\n\nOxide\n\n\nMeasured\n\n\n20.0\n\n\n2.30\n\n\n1.48\n\n\n5.90\n\n\n0.17\n\n\n0.73\n\n\nIndicated\n\n\n21.9\n\n\n0.85\n\n\n0.60\n\n\n1.27\n\n\n0.14\n\n\n0.30\n\n\nMeasured + Indicated\n\n\n41.9\n\n\n1.54\n\n\n2.08\n\n\n3.48\n\n\n0.16\n\n\n0.50\n\n\nInferred\n\n\n5.6\n\n\n0.63\n\n\n0.11\n\n\n0.93\n\n\n0.11\n\n\n0.24\n\n\n0.6\n\n\nSulfide\n\n\nMeasured\n\n\n71.4\n\n\n1.67\n\n\n3.83\n\n\n5.17\n\n\n0.13\n\n\n4.03\n\n\nIndicated\n\n\n26.7\n\n\n1.50\n\n\n1.29\n\n\n5.57\n\n\n0.17\n\n\n4.84\n\n\nMeasured + Indicated\n\n\n98.0\n\n\n1.62\n\n\n5.12\n\n\n5.28\n\n\n0.14\n\n\n4.25\n\n\nInferred\n\n\n3.4\n\n\n1.28\n\n\n0.14\n\n\n4.92\n\n\n0.12\n\n\n5.08\n\n\nVariable\n\n\nStockpiles\n\n\nMeasured\n\n\n8.9\n\n\n0.38\n\n\n0.11\n\n\n-\n\n\n-\n\n\n-\n\n\nVariable\n\n\nTotal\n\n\nMeasured\n\n\n100.3\n\n\n1.68\n\n\n5.42\n\n\n5.33\n\n\n0.14\n\n\n3.31\n\n\nIndicated\n\n\n48.6\n\n\n1.21\n\n\n1.89\n\n\n3.63\n\n\n0.16\n\n\n2.79\n\n\nMeasured + Indicated\n\n\n148.9\n\n\n1.53\n\n\n7.30\n\n\n4.74\n\n\n0.15\n\n\n3.13\n\n\nInferred\n\n\n9.0\n\n\n0.88\n\n\n0.25\n\n\n2.44\n\n\n0.11\n\n\n2.08\n\n\nNotes: Resources are quoted after mining depletion and are inclusive of\n reserves. Resources are shown on a 100% basis, of which Alacer Gold\n owns 80%.  Resource methodology is summarised in the Technical\n Procedural Section below. Rounding errors will occur. Silver, copper\n and sulfur grades are no...

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