Emerald Resources (ASX:EMR) updated the ore reserve estimate for its Okavu gold mine in Cambodia, according to a Monday Australian bourse filing.
The estimate was updated to 14.5 million tonnes of material at 1.5 grams per tonne grade of gold for 700,000 ounces, an increase of 245,000 ounces after accounting for mining depletion. Its March 2024 estimate was 10.3 million tonnes at 1.7 g/t grade of gold for 550,000 ounces.
It also updated the mineral reserve estimate, with an open pit resource estimate of 10.8 million tonnes at 1.7 g/t grade of gold for 600,000 ounces and an underground resource estimate of 1.7 million tonnes at 5.5 g/t grade of gold for 310,000 ounces.
It estimates the open-pit life of mine all-in-sustaining cost of $966 per ounce.
It is continuing to drill at the site, seeking to extend the mine's resources and reserves.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。