EDG announced an inaugural Inferred resource at its 100%-owned Reliance Gold Project of 1.45Moz at a grade of 2.30 g/t Au.
The resource includes a near-surface, high-grade open pit resource of 1.12Moz grading 2.23 g/t Au, and 0.33Moz (2.58 g/t) underground, which remains open for expansion.
Further, initial metallurgical results support recovery of a high-grade gold concentrate, and infill and expansion drilling provide additional near-term upside to this morning’s estimate.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
EDG: Inaugural Mineral Resource Sets the Stage at Reliance