The miner reports attaining higher grades after running a preliminary gravity separation study on lower-grade, gold-bearing rock.
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The historical core confirms mineralization from 50 to 425 metres below surface. The company is planning surface work to develop additional drill targets.
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The company is in the process of permitting the property for further exploration in 2019.
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Barrick said that although the ruling was not helpful because it just delays a decision on the future of its Pascua-Lama project, the company remains focused on resolving the legal and environmental issues around the project.
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Rio Tinto has hit back at a push to make it more accountable for carbon emissions produced by its customers, including Chinese steel makers.
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A look at eight majors and juniors exploring for gold worldwide.
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Global Exploration Snapshot: The Americas, West Africa and Australasia remain popular Read More »
Newmont’s ownership in Continental could increase to 28%
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Gold production surged 150% year-on-year to 285,000 ounces, while copper production of 159,100 tonnes marked a 1.1% increase over 2017.
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Turquoise Hill’s 2018 financial results report 250% income jump over 2017 Read More »
The project now contains 1 million indicated tonnes grading 6.98 grams per tonne gold and 710.6 grams silver.
The post Silvercrest upgrades resource at Las Chipas ahead of PEA appeared first on MINING.com.
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The parcel of land proposed by state officials in September 2018 was deemed unsuitable from a social and environmental standpoint.
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