Çöpler M+I Resource increases to 8.5 million ounces of gold

About this update from Allied Strategic Resources Corp

[{"type":"text","content":"\n\n\n\n\n\nTSX: ASR ASX: AQG\n\n\nTORONTO, July 25, 2013 /CNW/ - Alacer Gold Corp. (\"Alacer Gold\" or the \"Corporation\") today announces an updated Mineral Resource estimate for the Çöpler\n 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 194.2 million tonnes at a grade of 1.4 grams per tonne (\"g/t\") gold,\n containing a total of 8.5 million ounces (inclusive of reserves) as at June 30, 2013.\n\n\n\n\n\nMineral Resource for the Çöpler Deposit (100%) as at June 30, 2013\n\n\nGoldCut-offGrade (g/t)\n \n\n\nMaterial Type\n\n\nResource Category\n\n\nTonnes (million)\n\n\nGold Grade (g/t)\n\n\nContained Gold (million ounces)\n\n\nSilver Grade (g/t)\n\n\nCopper Grade (%)\n\n\nSulfur Grade (%)\n\n\n0.3\n\n\nOxide\n\n\nMeasured\n\n\n16.3\n\n\n1.7\n\n\n0.9\n\n\n3.7\n\n\n0.2\n\n\n0.3\n\n\nIndicated\n\n\n36.5\n\n\n0.8\n\n\n1.0\n\n\n1.4\n\n\n0.1\n\n\n0.2\n\n\nMeasured + Indicated\n\n\n52.8\n\n\n1.1\n\n\n1.8\n\n\n2.1\n\n\n0.1\n\n\n0.3\n\n\nInferred\n\n\n25.7\n\n\n0.6\n\n\n0.5\n\n\n1.4\n\n\n0.1\n\n\n0.4\n\n\n0.8\n\n\nSulfide\n\n\nMeasured\n\n\n74.0\n\n\n1.6\n\n\n3.8\n\n\n4.6\n\n\n0.1\n\n\n3.9\n\n\nIndicated\n\n\n46.9\n\n\n1.5\n\n\n2.2\n\n\n4.4\n\n\n0.1\n\n\n3.9\n\n\nMeasured + Indicated\n\n\n120.9\n\n\n1.5\n\n\n6.0\n\n\n4.5\n\n\n0.1\n\n\n3.9\n\n\nInferred\n\n\n23.9\n\n\n1.2\n\n\n1.0\n\n\n4.6\n\n\n0.1\n\n\n3.0\n\n\nVariable\n\n\nStockpiles\n\n\nMeasured\n\n\n20.4\n\n\n1.0\n\n\n0.7\n\n\n \n\n\n \n\n\n \n\n\nVariable\n\n\nTotal\n\n\nMeasured\n\n\n110.7\n\n\n1.5\n\n\n5.4\n\n\n4.5\n\n\n0.1\n\n\n3.2\n\n\nIndicated\n\n\n83.4\n\n\n1.2\n\n\n3.2\n\n\n3.1\n\n\n0.1\n\n\n2.3\n\n\nMeasured + Indicated\n\n\n194.2\n\n\n1.4\n\n\n8.5\n\n\n3.8\n\n\n0.1\n\n\n2.8\n\n\nInferred\n\n\n49.6\n\n\n0.9\n\n\n1.4\n\n\n3.0\n\n\n0.1\n\n\n1.7\n\n\n\n\n\nNote: 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%.  Stockpiles include both oxide and sulfide stockpiles and\n residual ore stacked on the Heap Leach stockpiles.  Resource\n methodology is summarised in the Technical Procedural Section of this\n announcement. Rounding errors will occur.\n\n\nMr. David Quinlivan, President and CEO of Alacer Gold, stated: \"...

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