Brief: Kopy Goldfields: completes 2016 stage 3 exploration program at Krasny Project

Kopy Goldfields AB (publ)

29/03/2017 07:46

March 29 (Reuters) - KOPY GOLDFIELDS AB (PUBL)  KOPY.ST  
    * OPERATIONAL UPDATE MARCH 2017 
    * 2016 STAGE 3 EXPLORATION PROGRAM AT KRASNY PROJECT IS 
COMPLETED: 100 DRILL HOLES ARE DRILLED, ACCOUNTING FOR 19,622 
METERS OF CORE DRILLING 
    * TOTALLY 21,822 FIRE ASSAY TESTS FOR GOLD HAVE BEEN 
RECEIVED AT KRASNY PROJECT 
    * EXPLORATION PROGRAM 2017 STAGE 4 FOR KRASNY PROJECT HAS 
BEEN AGREED AND COMMENCED 
    * TARGETS TO FURTHER INCREASE GOLD RESOURCES AND CONVERT 
SOME INFERRED RESOURCES INTO INDICATED AND SOME INDICATED 
RESOURCES INTO RESERVES 
    * SAYS IN RELATION TO KOPYLOVSKOYE PROJECT, 2017 PLANS ARE 
EITHER TO SELL PROJECT FOR CASH, OR TO DEVELOP PILOT MINING WITH 
A PARTNER 
 
Source text for Eikon:  ID:nBQN34qfrd  
Further company coverage:  KOPY.ST  
 
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