http://business.ezinemark.com/prodigy-gold-live-pdac-17baf659bc2.html
Good interview and news release.
Resource Intelligence Live @ PDAC: Prodigy Gold's Brian Maher, President and CEO
Check out the company's profile and evaluate their resources HERE, with RI Analytics.
RI: Brian Maher, would you first update us on your Magino Mine project? Gold investors need to know about your new resource estimate that significantly increased your resources.
BM: At the Magino mine project—located northeast of Wawa, Ontario—we just put out a brand-new resource estimate.
Indicated gold resources of 1.9 million ounces and inferred resources of 0.6 million ounces at an average grade in both categories of about 1.1 g/t gold. The real significance is that this is a resource estimate that's really tightly constrained. We've used a conceptual pit shell so that all these numbers report to a conceptual pit shell and these aren't resource numbers floating out into space. The pit shell goes down to 300 metres and what is really interesting about this system is that we know by drilling that it extends down to at least 600 metres and is open at depth. This is really just the first pass examination of what we have within a conceptual open pit operation.
Read more: http://business.ezinemark.com/prodigy-gold-live-pdac-17baf659bc2.html#ixzz1J4sTfYfe
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