resource update rns2 Jan 2019 15:31
Dorian L. (Dusty) Nicol, the Company's Technical Director and Head of Exploration, commented:
"We are very excited by this year-end resource update for Tulkubash. Discovery costs per ounce and ounces discovered per metre drilled are outstanding and continue to validate our belief that Tulkubash will continue to grow into a world-class gold deposit. Indeed, we believe this is the beginning of an emerging new gold district. The mineralisation remains open along strike and we have drilled only a small portion of the prospective 24-kilometre trend of favourable geology and surface gold occurrences.
"We are further encouraged by the continuing increase in the M&I Resource within the current strike length. The addition of new mineralisation and demonstration of continuity of mineralisation as well as the updated metallurgical recovery model will be incorporated in the ongoing reserve and financial model updates."