Resource Increased by 97% oz of gold
Oceana Gold reports significant increase in mineral resources at Waihi in New Zealand Oceana Gold Corporation announces an updated Mineral Resource estimate for the Martha Underground Project and recent exploration results highlighting continued high-grade gold intersections at the Company's Waihi Gold Mine located in New Zealand. Oceana Gold said, increased total Indicated Resource by 136% to 331,000 ounces of gold. Inferred indicated that increased total Resource of Waihi Gold Mine by 97% to 667,000 ounces of gold. Mick Wilkes, President and CEO, "I am very pleased to announce a further increase to the mineral resource estimate for the Martha Underground Project. Over the past two years, we have made prudent investments in extensively drilling out the mineralised structures beneath the Martha Open Pit. Since that time, we have reported dozens of significant drill intercepts and a growing resource which has now culminated into an Indicated Resource of 331,000...