Echo Resources has announced that reserves at its Yandal Gold Project in Western Australia have increased to 856,000 oz Au. Highlights of the announcement include the following. - Total reserve - 15.6 Mt at 1.7 g/t = 856,000 ounces of gold. - Reserve supports an 8.5-year life of mine, assuming a throughput rate of 1.8 Mtpa from the company's [...]
Echo Resources has increased the resource at their Orelia gold deposit to 15.9Mt at 2.1g/t for 1.1Moz Au. This upgrade is the result of an aggressive and on-going exploration program across the company's holdings in the highly prospective Yandal greenstone belt in Western Australia. Highlights of the resource upgrade include: Orelia resource [...]
Echo Resources has raised approximately A$5m via a heavily oversubscribed placement, to a range of institutional and sophisticated investors at an issue price of $0.10 per share. This raising enables the continuation and expansion of the 2017 exploration program designed to delineate new deposits and increase existing gold resources and reserves [...]
Echo Resources is a gold exploration and development company, which has commenced an aggressive exploration program across their holdings in the highly prospective Yandal greenstone belt in Western Australia. Results to date particularly at the Orelia deposit have been excellent, as they include 49 m @ 9.43 g/t Au from 29 m, 36m @ 8.81 g/t Au from [...]
