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a1 cons gold's jorc mineral resource news

  1. Au mate
    30 Posts.
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    16/07/12
    15:17
    Post #: 10439870
    A1 Cons Gold's JORC mineral resource at 1400 Stockwork
    14:30, Monday, 16 July 2012

    Sydney - Monday - July 16: (RWE Australian Business News) - A1 Consolidated Gold Ltd (ASX:AYC) today announced a mineral resource estimate for the 1400 Stockwork Zone at its wholly-owned A1 Goldmine in the Woods Point-Walhalla Goldfield in northeastern Victoria. Reported in accordance with the JORC Code (2004), the resource is classified as an Inferred Mineral Resource and totals 750,000 tonnes at
    5.5g/t gold for 133,000oz contained gold, reported at a 3g/t cutoff.
    The company considers this a significant achievement since its ASX listing on June 21.
    The 1400 Stockwork Zone represents a bulk-mineable ore body
    between the 1200m and 1500m RL and 100m north of the historic A1 MainShaft. Decline development is currently at the 1595 Level and ongoing.Development is planned to reach the 1400 Stockworks within 12

    ORS Price at posting: 10.7¢ Sentiment: None Disclosure: Held
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