Business

Brazil Resources announces NI 43-101 gold resource for the Island Mountain deposit within the Whistler Project, Alaska

Brazil Resources announces NI 43-101 gold resource for the Island Mountain deposit within ...

articleGoldmining Inc.April 18, 20165/company/goldmining-inc/news/brazil-resources-announces-ni-43-101-gold-resource-for-the-island-mountain-deposit-within-the-whistler-project-alaska
Brazil Resources announces NI 43-101 gold resource for the Island Mountain deposit within the Whistler Project, Alaska

About this update from Goldmining Inc.

[{"type":"text","content":"\n\n\n\nBrazil Resources announces NI 43-101 gold resource for the Island Mountain deposit within the Whistler Project, Alaska\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: CENTER; BORDER-LEFT:black 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt solid; BORDER-RIGHT:black 1pt solid\n}\n.prntbls{\nBORDER-BOTTOM: black 1px solid; BORDER-LEFT: black 1px solid; BORDER-COLLAPSE: collapse; BORDER-TOP: black 1px solid; BORDER-RIGHT: black 1px solid\n}\n\n\n\n\n\n\nBrazil Resources announces NI 43-101 gold resource for the Island Mountain deposit within the Whistler Project, Alaska\nCanada NewsWire\nVANCOUVER, April 18, 2016\n\n\n\n\n\n\nHighlights:\n\n\nThe district-scale Whistler Project is a 170-sq-km land package that hosts the Whistler and Island Mountain deposits and several porphyry targets with excellent potential for resource expansion on existing deposits as well as new discoveries; \nNew resource estimate on the Island Mountain deposit provides an indicated resource of 0.444 Moz gold equivalent (25.75 Mt grading 0.53 g/t gold, 1.16 g/t silver, 0.06 % copper or 0.54 g/t gold equivalent) and an inferred resource of 1.133 Moz gold equivalent (69.23 Mt grading 0.51 g/t gold, 1.07 g/t silver, 0.06 % copper or 0.51 g/t gold equivalent), both at a 0.3 g/t gold equivalent cut-off; \nThe Island Mountain Resource estimate is in addition to the previously reported resource estimate for the Whistler deposit. The combined resource for the Whistler and Island Mountain deposits is 2.694 Moz gold equivalent (104.95 Mt grading 0.51 g/t gold, 1.77 g/t silver, 0.14 % copper or 0.80 g/t gold equivalent) in the indicated category and 4.483 Moz gold equivalent (215.03 Mt grading 0.44 g/t gold, 1.53 g/t silver, 0.12 % copper or 0.66 g/t gold equivalent) in the inferred category, both at a 0.3 g/t gold equivalent cut-off; \nApproximately 70,000 metres of historic drilling has been completed on the Whistler Project with 12,668 metres (34 holes) completed at the Island Mountain deposit; and \nThe dep...

More updates from Goldmining Inc.