Wednesday 28th September 2016

Resource Clips



Exeter updates Chile estimate: 21.3M oz gold, 48.4M oz silver

XRC:CA provides an updated NI 43-101 compliant mineral resource estimate for its Caspiche Project, Chile. The updated measured and indicated mineral resource estimate has increased in tonnage by 68% and in contained metal by 50% from the previous estimate.

The new measured and indicated mineral resource comprises 21.3 million ounces of gold, 48.4 million ounces of silver and 5.3 billion pounds of copper. Inferred mineral resources are updated to 5.1 million ounces of gold, 14.5 million ounces of silver and 1.4 billion pounds of copper. Caspiche Project Manager, Justin Tolman, said: “This mineral resource estimate is an important step in the evolution of the project. The new drilling allows us for the first time to report resources at the highest level of confidence.”
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Contact:
B. Roxburgh,
President,
604.688.9592

or Rob Grey,
VP Corporate Communications,
888.688.9592

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