The company has grown the indicated resource for its Martha project by 136% and inferred resources by 97%.
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WKP contains 234,000 ounces of gold and 296,000 ounces of silver in the East Graben vein.
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WKP’s East Graben vein contains 410,000 indicated tonnes grading 18 grams gold and 22.7 grams silver for 234,000 oz. gold and 296,000 oz. silver.
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OceanaGold Corp. says its mines will produce a total of between 500,000 and 550,000 ounces of gold and 14,000 to 15,000 tonnes of copper this year
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The Blackwater mine was once the most prolific mine in the Reefton Goldfield, producing 700,000 ounces of gold between 1908 and 1951.
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The Martha pit was shut down in 2015 when a major slip and a rockfall affected the area.
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