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Asian Gold reserves DB
Batangas Gold Mine (Philippines)
      paishanlou gold mine (china)
      gaolong gold mine (china)
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  Page 224
 
اولينقبليبعديآخرين
   Southwest Breccia: Near-Surface Gold
   Resource Outlines: During the past year Mindoro carried out approximately 2,000 meters (m) of drilling in 28 drill holes, mostly on Southwest Breccia, with excellent results. The ore-shoot was drilled out to a down-dip depth of approximately 160 meters, where it is still open. Mineralization has been closed off to the northeast but appears to be open to the southwest, where it may connect with the Japanese Tunnel Prospect. 330 meters north of Southwest Breccia, the Acacia ore-shoot was recently discovered and intersected in a step-out drill hole (LB-27). Acacia will be drill-evaluated at a later date.
   Strong gold mineralization extends from a trench at surface for 160 meters down-dip. At the time of writing, an independent consultant has been commissioned to perform a gold resource calculation.
  
  

View of core of Hydrothermal gold
    Lobo Mine: The Lobo Mine operated between 1966 and 1969, with underground production from three levels on a high-sulphidation copper-silver ore-shoot over a vertical range of 50 m and 350 m horizontal extent. Copper head-grade was reported as 2.67%. Mining ceased due to economic factors at that time. Despite reported high gold grades in places, gold was not a significant component due to the prevailing $30 per ounce gold price. The Philippines Mines and Geosciences Bureau reported (1986) a remaining mining reserve of 90,700 tonnes at a high grade of 20.5 grams per tonne (g/t) gold (60,000 contained ounces), believed to be a separate, low-sulphidation ore-shoot in the West Drift area (see Lobo Compilation). The reserve estimate is historical in nature and has not been verified by the issuer's qualified person, and therefore, should not be relied upon, but nevertheless points to the potential occurrence of significant resources. At the time of writing, drilling had commenced at West Drift.
 
 
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