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Melbourne based gold producer, Oceana Gold has published its National Instrument Technical Report for the Waihi Gold Mine, located Northern New Zealand.
In relation to the 2015 November report, this report outlines significant increases in Measured and Indicated Resources at the Martha Underground Project and WKP prospect. The Mineral Reserves is currently estimated to be 0.18 million ounces gold, supporting a mine life of four years.
These projects have advanced significantly with several underground targets already drilled. Work at the Martha Project began in August of 2017 and continued through to April 2018. This project is estimated to have an expected size of five to eight million tonnes, with a grade of 4.0 g/t and 6.0 g/t for 1 million to 1.5 million ounces of gold.
Please find announcement attached: https://hotcopper.com.au/threads/ann-launch-of-carly-vehicle-subscription.4691321/
