Brief: Northgold Posts Mineral Resource Estimate For Kopsa Project

Northgold AB

09/08/2023 08:12

Aug 9 (Reuters) - Northgold AB  NGOL.ST :
    * NORTHGOLD ANNOUNCES MINERAL RESOURCE ESTIMATE FOR FLAGSHIP
KOPSA
PROJECT
    * ANNOUNCES ITS FIRST MINERAL RESOURCE ESTIMATE FOR
100%-OWNED
KOPSA GOLD AND COPPER PROJECT IN CENTRAL FINLAND
    * KOPSA MRE TOTALS 16.6 MILLION TONNES OF IN-SITU RESOURCES
GRADING 0.79 GRAMS PER TONNE GOLD AND 0.16% COPPER
    * KOPSA MRE'S COMBINED MEASURED, INDICATED, AND INFERRED
GOLD-EQUIVALENT RESOURCE OUNCES EXCEEDS THAT OF HISTORIC 2012
RESOURCE ESTIMATE BY 66%
    * UPDATED RESOURCE ESTIMATE GREATLY INCREASES OUR CONFIDENCE
IN
VALIDITY AND ACCURACY OF OUR INHERITED HISTORIC DRILL HOLE DATA
    * REAFFIRMS OUR CONVICTION IN KOPSA'S POSITIVE RESOURCE
GROWTH
TRAJECTORY

Source text for Eikon:  ID:nMFN73856S 
Further company coverage:  NGOL.ST 

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