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Article: AROUND THE WORLD: ASIA

Article from:
Engineering and Mining Journal
Article date:
April 1, 2004
Author:
Copyright

Berna Updates Kupol Progress

Berna Gold has reported a preliminary indicated mineral resource at its promising Kupol project in northeastern Russia of 2.5 million metric tons (mt), containing 1.8 million ounces (oz) of gold and 19 million oz of silver at an average grade of 22.3 grams per mt (g/mt) of gold and 232 g/mtof silver. An additional 7.1 million mt containing 4.2 million oz of gold and 55.9 million oz of silver at an average grade of 18.4 g/mt of gold and 243 g/mt of silver are classified as inferred. Resource estimates are based on a cutoff grade of 6 g/mt of gold.

The preliminary Kupol estimates are based on 21,860 m of drilling performed during 2003. Significant gold ...

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