Abitibi Metals Announces 62% Increase in Resources at B26 to 11.3 Mt Indicated at 2.13% CuEq and 7.2 Mt Inferred at 2.21% CuEq [Yahoo! Finance]
SGS SA ADR (SGSOY)
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Source: Yahoo! Finance
Indicated resources now grade 1.23% copper ("Cu"), 1.27% zinc ("Zn"), 0.46 g/t gold ("Au") and 31.9 g/t silver ("Ag") or 2.13% copper equivalent ("CuEq") Indicated resources contain 307.9 million pounds ("Mlbs") Cu, 316.9 Mlbs Zn, 168.2 thousand ounces ("koz") Au and 11.6 million ounces ( "Moz") Ag or 532.3 Mlbs of CuEq Inferred resources increased by 63% to 7.2 Mt from 4.4 Mt: Inferred resources now grade 1.56% Cu, 0.17% Zn, 0.87 g/t Au and 7.4 g/t Ag or 2.21% CuEq Inferred resources contain 246.0 Mlbs Cu, 27.3 Mlbs Zn, 200.8 koz Au and 1.7 Moz Ag or 348.8 Mlbs of CuEq. Significant Increase in Total Contained Metal: 38% increase in contained Cu, 15% increase in contained Zn, 29% increase in contained Au and 22% increase in contained Ag relative to the 2018 Resource estimate Jonathon Deluce , CEO of Abitibi Metals stated: " We are excited to announce this significant resource update, achieved after just one year of focused exploration at the B26 Polymetallic Deposit. We b
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