https://www.miningweekly.com

Brazil Resources unveils high-grade multimillion-ounce resource at Colombia project

15th September 2016

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

Font size: - +

VANCOUVER (miningweekly.com) – Two weeks after closing the acquisition of the Titiribi gold/copper project, in central Colombia, Brazil Resources has published a maiden multimillion-ounce and high-grade resource estimate on the deposit.

Vancouver-headquartered Brazil Resources announced a National Instrument 43-101-compliant resource estimate totalling 4.63-million ounces of gold in the measured and indicated categories, and an inferred resource of 3.25-million ounces of gold at a 0.3 g/t gold cutoff.

The company advised that the mineral resource estimate for the Titiribi project has resulted in its consolidated global gold resource base rising by 146% to 7.8-million ounces of gold (10.4-million ounces of gold equivalent) in the measured and indicated categories and by 46% to 10.3-million ounces of gold in the inferred category.

The project has access to good infrastructure including water, paved roads, and high power electrical transmission lines 3 km from the property, the company advised.

Nearby gold projects in development or production include AngloGold Ashantiꞌs Quebradona, B2Goldꞌs Gramalote, Continental Gold's Buritica, Red Eagleꞌs San Ramon and Gran Colombiaꞌs Marmato projects.

Edited by Samantha Herbst
Creamer Media Deputy Editor

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION