An Inferred Resource contained within 74 Million tonnes of 0.66 grams/tonne gold (Au) copper (Cu) equivalent with a cut-off grade of 0.25 gold equivalent grams per tonne, based on $US1,275.00 per ounce Au and $US3.00 per pound Cu based on 2012 Resource Calculation. See Note 1 below.
Note 1: The Project was last explored in 2012, which included a drill program that allowed the calculation of an Inferred Mineral Resource of 1.57 million gold equivalent ounces (gold plus copper) within 74 million tonnes, at a grade of 0.66 grams per tonne gold copper equivalent. A cut-off grade of 0.25 gold equivalent grams per tonne, a gold price of US$1,275.00 per ounce and copper price of US$3.00 per pound was used in the calculation of the Inferred Mineral Resource. Details of the Mineral Resource are contained in a National Instrument 43-101 report titled, Technical Report and Updated Mineral Resource Estimate on the Groete Gold Copper Deposit, Groete Property, Guyana, South America by P&E Mining Consultants Inc., dated April 16, 2019, available on SEDAR and the Company website at www.goldportcorporation.com.
Gold Port Corporation provides shareholders with a comprehensive operational and strategic update, including progress on site access, drill program planning, and metallurgical testing.
Read Full Release →Jaisingh's Equipment Rental (JER) of Georgetown, Guyana selected for the ~13 km road construction program.
Read More →Successful closing of private placement financing to advance the Groete Gold Copper Project toward drilling.
Read More →"Having worked in Guyana for over thirty years, I am excited to move this project forward to a more advanced stage. With current record high gold prices, Gold Port could significantly enhance shareholder value with the new Groete Gold Project exploration program."
