(via NewsDirect)
Strong said: “The updated mineral resource estimate at Kada confirms the potential of this exciting deposit.
“A comprehensive structural study using an orientated diamond core at Massan allowed us to refine our modelling and has resulted in a significant portion of the mineral resource being classified as Indicated, including over 40% of the oxide material.
“For the new MRE, we have deliberately chosen to use a higher cut-off and a more conservative pit shell to increase confidence in the potential for Kada to be a high-profit operation.
“Applying the same cut-off parameters as our maiden MRE (0.33 g/t gold cut-off for oxide/transitional material and 0.41 g/t for fresh material), we have added almost 200,000 ounces (20%) to the gold inventory."
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