Allied Gold Limited (AGLD)

Allied Gold Limited (AGLD)

ALLIED INCREASES RESOURCES TO 3 MILLION OUNCES
 
Allied Gold Limited is pleased to announce an increase of approximately 611,000 ounces in gold resources at the Sorowar deposit. The mineralisation remains open.

This additional 611,000 ounces now brings the total Simberi gold resources including Inferred, Indicated, and Measured for all material types to approximately 3 million ounces.

Drilling at Pigiput East has defined a thick mineralised oxide zone that will be subject of a resource estimate to be reported in December 2008.

Barrick Gold, currently undertaking exploration over Tatau and Tabar Islands, has positioned a diamond drill at the Tupinda prospect and willcommence drilling next week

 

No Comments

Post a Comment