New figures Canadian miner Benchmark Metals has unveiled a major increase to its global bulk-tonnage mineral resource estimate for the company’s flagship Lawyers gold-silver project in British Columbia.
“The MRE comprised of 1,097 drill holes totaling 200,000 metres collectively from the Cliff Creek, AGB and Dukes Ridge deposits were used for Mineral Resource Estimation,” the company said in a statement.
The estimate covers an indicated mineral resource of 3.14 million oz grading 1.45 grams per tonne of gold equivalent contained within 67.4 million tonnes , and an inferred mineral resource of 415,000 oz grading 2.63 g/t of gold equivalent contained within 4.9 million tonnes, according to data from the miner.
John Williamson, the CEO of Benchmark Metals said that the “expanded Mineral Resource Estimate is demonstrating the world-class potential of Benchmark's multi-million-ounce gold-silver deposits. The Company has provided one of the highest-grade, open pitable mining projects in North America.”