FFX 0.00% 20.0¢ firefinch limited

Ann: 2.2 Million Ounce Resource Estimate Transforms Morila, page-3

  1. 5,621 Posts.
    lightbulb Created with Sketch. 2195
    2.2 Million Ounce Resource Estimate Transforms Morila

    • Indicated and Inferred Mineral Resource at Morila pit jumps from 1.3 million ounces of
    contained gold to 2.2 million ounces of contained gold
    • Grade of the Mineral Resource increases from 1.2 g/t gold to 1.6g/t gold
    • Bulk of resource is open pittable with a portion of underground resource with intercepts
    including 14m at 21.7g/t gold and 6m at 9.0g/t gold at Morila NE; 5m at 31.5g/t gold, 17m
    at 4.9g/t gold and 35m at 3.0 g/t gold at Samacline
    • Studies to commence to target production of 150,000 - 200,000 ounces of gold per annum
    from a Morila Superpit using existing infrastructure
    • Global resource for the entire Morila project is now 2.35 million ounces of gold

    Firefinch Limited (ASX: FFX) (Firefinch or the Company) is pleased to announce the results of a Mineral Resource Estimate at the Morila Gold Mine in Mali.

    The Mineral Resource for the Morila deposit is:
    42.6 million tonnes at 1.6g/t gold for 2.2 million contained ounces.
 
watchlist Created with Sketch. Add FFX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.