Now that we have completed access to the downdip projection of the Lucky Shot vein exploration area via the expanded Enserch Tunnel, we will be able to accomplish more detailed infill drilling to define better quality resources. The current drill spacing, on the Lucky Shot segment in particular, is not dense enough to result in a substantial amount of indicated resources, but future drilling is planned to convert much of the reported inferred to indicated resources in 2023. Our QP believes that further infill drilling will be able to convert indicated to measured resources and inferred to indicated resources. What is most important for investors to understand is that when proper drill spacing is achieved, the average indicated grade of the deposit is over 15g/t or nearly half an ounce per ton. Rick Van Nieuwenhuyse, President, and CEO said: “We are indeed excited to report an initial resource at the Lucky Shot Project. As the area in general is underexplored, there is good potential to delineate additional exploration targets on the Lucky Shot Project lease. The deposits remain open with excellent exploration potential beyond the current mineral resources. The image shows a clear ore shoot geometry that can be used to guide future drilling. Figure 1 shows the gold composites vs gold estimation for the Coleman segment which has far more drilling than the Lucky Shot segment. With more data, a different approach may be taken. In the interest of caution at this stage of the project, the decision was made to use a conservative capping strategy in the current estimation process. The capping level used might have resulted in a higher metal loss than normal (~10%), but this conservative approach was taken due to the extreme grades in some areas and the need to restrict them spatially. An uncapped gold estimate within the resource shapes produces roughly 30 to 38% more total gold metal globally for both the Lucky Shot and Coleman segments of the Lucky Shot vein (Table 4). Estimation sensitivities were run at various capping levels as a check of the appropriateness of loss in total metal content for gold at incrementally lower and higher capping levels. The mineral resource estimates held by Contango at the Lucky Shot Project, effective as of comprise Indicated mineral resource estimates of 226,963 tonnes grading 14.5 g/t Au for 105,620 oz Au and Inferred mineral resource estimates of 82,058 tonnes grading 9.5 g/t Au for 25,110 oz Au (see Tables 1 to 3). (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO) announced that it has filed an initial Technical Report Summary (“TRS”) detailing the gold resources at the Lucky Shot Project located near Willow, Alaska. All e-books can be easily imported into Calibre's library which can be accessed remotely through your web browser if you choose.Ĭalibre does more than just ready-to-read e-books - if you are a news junkie and like to stay up-to-date on current events and news you can easily set up Calibre to automatically collect current content from specific websites or RSS feeds and then format it into an e-book that can then be uploaded to one of your connected devices.HOUSTON / / Business Wire / Contango ORE, Inc. You will be able to sync up your e-books via other e-book readers as well as being able to perform conversions from varied e-book and non-e-book formats. And if that isn't enough to find what you want, you can additionally create advanced search queries by simply using the advanced search option for a more personalized view.Ĭalibre supports an array of formats including Kindle MOBI and EPUB. And you can also search the library by using other various fields, such as author, title, or keyword making it fast and easy to retrieve quickly the content you want when you want it. It will allow you to conveniently organize all your e-books within the library by their metadata (data that provide information about other data) from sources such as online booksellers, the Internet Archive, Munsey's, and for example. Calibre is an all-in-one Open Source tool for managing and viewing all of your electronic books easily.
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