African Mining Network

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AMN - MAURITANIA: NI 43-101 compliant report filed for Tijirit

Algold Resources has filed an NI 43-101 compliant technical report for its Tijirit gold deposit in Mauritania.

Current mineral resources include:

-          Measured and Indicated resources of 28,930 oz at a grade of 1.75 grams/tonne gold and Inferred resources of 241,560 oz at a grade of 1.71 grams/tonne gold at a cutoff grade of 1.0 gram/tonne gold.

-          Measured and Indicated resources of 27,630 oz at a grade of 1.82 gram/tonne gold and Inferred resources of 226,650 oz at a grade of 1.79 gram/tonne gold at a cutoff grade of 1.05 gram/tonne gold.

The resource estimate was prepared using results from 294 reverse circulation (RC) holes totalling 37,533 metres, 23 diamond drill holes totalling 3,813.08 metres and 16,239 metres of trenching carried out on the property by past operators Shield Mining and Gryphon Minerals from 2009 to 2012.

www.algold.com

News courtesy of International Mining