TDG Gold Reports Indicated Resource Estimate Of 54.3 Moz At 117 G/T Silver Equivalent At Nueva Esperanza

TDG Gold Corp. (TSXV: TDG) reported this morning the results of the mineral resource estimate conducted at the Nueva Esperanza silver-gold project in Maricunga Belt, Chile. The estimate was prepared via independent engineering firms Moose Mountain Technical Services and Atticus Chile S.A.

The report outlines an indicated mineral resource estimate of 14.44 million tonnes containing 54.3 million ounces of silver equivalent grading at 116.98 g/t. Additionally, inferred mineral resources is estimated at 17.06 million tonnes containing 52.7 million ounces of silver equivalent grading at 96 g/t.

The Nueva Esperanza site is composed of three deposits, namely Arqueros, Teterita, and Chimberos. TDG Gold previously announced that it had entered a non-binding letter of intent to acquire the Nueva Esperanza project.

The company also relayed that an independent technical report is expected to be completed and published to support the resource estimate report. This report has been delayed due to weather conditions in northern Chile where the project is located.

TDG Gold last traded at $0.55 on the TSX Venture.


Information for this briefing was found via Sedar and TDG Gold. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Steadright To Conduct Multi-Phased Exploration At Historic Goundafa Polymetallic Mine

Goliath Resources Drills 10.72 g/t Gold Over 7.83 Metres At Surebet

Related News

SSR Mining: Canaccord Reiterates $35 Price Target, Buy Rating

Yesterday, SSR Mining (TSX: SSRM) reported its third quarter results. SSR Mining reported revenue of...

Friday, November 13, 2020, 02:32:00 PM

SKRR Exploration Completes First Phase of Fieldwork At Olson, Drilling Planned For Fall 2020

SKRR Exploration (TSXV: SKRR) has completed its phase one field work program at its 75%...

Monday, July 27, 2020, 09:43:56 AM

Probe Metals Announces New Gold Discoveries At Val-d’Or East Property

Probe Metals (TSXV: PRB) this morning announced that it has made new gold discoveries at...

Tuesday, June 16, 2020, 09:21:02 AM

Wallbridge To Conduct $56.0 Million Bought Deal Financing

Wallbridge Mining (TSX: WM) this morning announced that it is conducting a bought deal financing...

Wednesday, September 16, 2020, 08:43:52 AM

Premier Gold To Conduct $84.0 Million Financing Under i-80 Gold Subsidiary

Premier Gold Mines (TSX: PG) this morning announced a private placement in connection with its...

Wednesday, February 24, 2021, 08:18:43 AM