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  • edwarddpeters edwarddpeters Jun 29, 2011 11:54 PM Flag

    Tower Hill Update at Livengood (Fairbanks, Alaska)

    this sounds pretty good:

    Drilling at the project continues to expand the deposit, with the current estimated resource only representing a snapshot in time. The latest resource estimate (as at April 11, 2011) of 277 Mt at an average grade of 0.83 g/t gold for 7.4 Moz gold in the Measured category, 120 Mt at an average grade of 0.83 g/t gold for 3.2 Moz gold in the Indicated category, and 104 Mt at an average grade of 0.79 g/t for 2.7 Moz in the Inferred category, all at a 0.5 g/t gold cut off grade, makes Livengood one of the largest new gold discoveries in North America.