Gran Colombia Gold Corp TSX:GCM reports a new mineral resource estimate for its Marmato project in Colombia. The project hosts 11.8 million ounces gold and 80.3 million ounces silver measured and indicated and 2.6 million ounces gold and 9.4 million ounces silver inferred.
CEO Maria Consuelo Araujo commented, “Our exploration activities continue to show upside to this flagship project at Marmato, which currently ranks in the top 2% of projects by gold resources globally. We expect further upside from our recently reported deep-zone mineralization, as this current estimate shows the potential increase in resource and grades at depth, but further drilling will be required to further define the deep-zone mineral resource.”
by Jay Currie