Business
Çöpler Resource estimate increases by 27% or 2.2 million ounces
TORONTO, Sept. 10, 2012 /CNW/ - Alacer Gold Corp. ( "Alacer Gold" or the "Corporation" ...
About this update from Allied Strategic Resources Corp
[{"type":"text","content":"\n\n\n\n\n\nTORONTO, Sept. 10, 2012 /CNW/ - Alacer Gold Corp. (\"Alacer Gold\" or the \"Corporation\") [TSX: ASR and ASX: AQG] today announces an updated Mineral Resource estimate for the Çöpler\n gold-silver-copper deposit in Turkey.  The significant growth potential\n of Çöpler has been confirmed by a total of 2.2 million gold ounces\n (Measured, Indicated + Inferred Resources) being added in the past six\n months.  This updated Mineral Resource will be used to update the\n Çöpler Mineral Reserve estimate in conjunction with the Çöpler Sulfide\n Feasibility Study which is planned to be completed in late 2012.\n\n\nThe updated Çöpler resource estimate has resulted in Measured and\n Indicated (\"M+I\") Resources increasing to 182.6 million tonnes at a\n grade of 1.4 grams per tonne (\"g/t\") gold, containing a total of 8.0\n million ounces (inclusive of reserves) as at June 30, 2012.  This\n represents a 900,000 ounce (11%) increase on the contained ounces in\n the previous M+I Resource, prior to mining depletion of approximately\n 176,000 ounces between December 31, 2011 and June 30, 2012.\n\n\n\n\n\nMineral Resource for the Çöpler Deposit (100%) as at June 30, 2012\n\n\nGoldCut-offGrade (g/t)\n \n\n\nMineralization 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\n16.8\n\n\n2.1\n\n\n1.1\n\n\n4.5\n\n\n0.1\n\n\n0.4\n\n\nIndicated\n\n\n37.0\n\n\n0.8\n\n\n0.9\n\n\n1.3\n\n\n0.1\n\n\n0.2\n\n\nMeasured + Indicated\n\n\n53.8\n\n\n1.2\n\n\n2.0\n\n\n2.3\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\n1.0\n\n\n0.1\n\n\n0.4\n\n\n0.8\n\n\nSulfide\n\n\nMeasured\n\n\n64.7\n\n\n1.7\n\n\n3.6\n\n\n5.2\n\n\n0.1\n\n\n4.1\n\n\nIndicated\n\n\n51.6\n\n\n1.4\n\n\n2.3\n\n\n3.9\n\n\n0.1\n\n\n4.1\n\n\nMeasured + Indicated\n\n\n116.4\n\n\n1.6\n\n\n5.9\n\n\n4.6\n\n\n0.1\n\n\n4.1\n\n\nInferred\n\n\n25.7\n\n\n1.3\n\n\n1.1\n\n\n2.8\n\n\n0.1\n\n\n3.0\n\n\nVariable\n\n\nStockpiles\n\n\nMeasured\n\n\n12.5\n\n\n0.2\n\n\n0.1\n\n\n \n\n\n \n\n\n \n\n\nVariable\n\n\nTotal\n\n\nMeasured\n\n\n94.0\n\n\n1.6\n\n\n4.8\n\n\n5.1\n\n\n0.1\n\n\n3.3\n\n\nIndicated\n\n\n88.7\n\n\n1.1\n\n\n3.2\n\n\n2.8\n...