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Article: Cambior Inc. - Substantial Increase in Mineral Inventory at Metates.
- Article from:
- Business Wire
- Article date:
- September 27, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MONTREAL--(BUSINESS WIRE)--Sept. 27, 1995--Cambior is announcing a substantial increase in mineral inventory at the Metates gold project in Mexico. The mineral inventory estimate has increased to over 430 million tonnes at 1.0 g/t of gold equivalent representing 14.1 million ounces of gold equivalent in situ.
Since Cambior began its involvement in this project in 1993, intensive exploration work has taken place and the new estimate is now based on a total diamond drilling of 47,000 meters in 137 holes over a 100 m x 100 m grid pattern. The breakdown of the revised mineral inventory is detailed in the following table:
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