Brief: Kopy Goldfields: Updated JORC mineral resource estimate for Krasny deposit

Kopy Goldfields AB (publ)

26/05/2016 07:29

May 26 (Reuters) - Kopy Goldfields publ AB  KOPY.ST : 
    * Announces updated JORC mineral resource estimate for the Krasny deposit 
    * Krasny project JORC resources update: 955 000 oz of gold at 1,200 usd/oz gold price 
    * Updated estimate issued by Micon International Co Limited shows 288,000 oz of indicated 
mineral resources (7,848,000 tons of rock at an average grade of 1.141 g/t au) 
    * Estimate issued by Micon International Co Limited shows 667,000 oz of inferred mineral 
resources (12,324,000 tons at an average grade of 1.682 g/t au) 
    * Says current resource estimation increases the quality of gold resources and Indicated 
resources now represent 30 pct of the total mineral resources reported, compared to 15 pct in 
the previous JORC report from 2013 
 
Source text: http://bit.ly/27Tm3vg 
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