Aurizon Mines Ltd. AZK is pleased to report a 44% increase in mineral reserves and an updated mineral resource estimate for its Casa Berardi mine, located in north western Quebec, Canada.
Highlights include the following:
- Mine life extended from six years to ten years.
- An increase of 44% in mineral reserves to 1,457,000 ounces of gold.
- A significant open pit mineral reserve of 370,000 ounces established
in the area of the Principal zones, which are still open laterally.
- An increase of 10% in West Mine underground mineral reserves.
- An increase of 74% and an upgrade of the ounces contained in Zone 123
between the 800 metre and 1,000 metre levels. This zone remains open
both up dip and down dip.
- An increase of 40% in the ounces contained in the Principal Zones,
accessible from underground.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.