BRITISH COLUMBIA – Jayden Resources of Vancouver has filed an updated resource estimate for the Silver Coin precious metals property that it operates near Stewart. The latest 43-101 report represents an increase of 10.9% in the average gold grade and 11.1% in contained gold ounces. Resources are estimated to contain 218,410 measured oz, 624,006 indicated oz and 813,273 inferred oz.
Using a cutoff grade of 0.3 g/t Au, the Silver Coin measured and indicated resources are 24.13 million tonnes grading 1.08 g/t Au, 5.74 g/t Ag and 0.15% Zn. The inferred resource is 32.44 million tonnes grading 0.78 g/t Au, 6.41 g/t Ag and 0.18% Zn.
This year Jayden plans to conduct infill drilling, that along with metallurgical tests will form the basis of preparing a pre-feasibility report.
Jayden has a 70% interest, with an option to increase it to 80%, in the Silver Coin property, and Mountain Boy Minerals of Vancouver holds the balance. Further information is available at www.JaydenResources.com.