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Teranga Gold announces Early-Stage Initial Resource for Golden Hill
Golden Hill is located in the central part of the highly mineralised Houndé Greenstone Belt in southwest Burkina Faso. Teranga Gold owns 100% of the area. Resource estimates include: Indicated mineral resources of 6.40 Mt averaging 2.02 g/t gold for 415,000 ounces; Inferred mineral resources of 11.95Mt averaging 1.68 g/t gold for 644,000 ounces; and Excellent along trend and to-depth continuity of gold mineralisation at all prospects drilled. This initial mineral resource estimate was prepared by Teranga in accordance with CIM Standards and disclosed in accordance with National Instrument 43-101 Standards of ... (full story)