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GOLD-COPPER EXPLORATION NEWS Two Project Resources Tripled

BRITISH COLUMBIA Resources at the Lexington and Golden Crown properties near Greenwood, B.C., are three times lar...


BRITISH COLUMBIA Resources at the Lexington and Golden Crown properties near Greenwood, B.C., are three times larger than previously thought, according to reports produced by an independent consultant, Vancouver-based GOLD CITY INDUSTRIES.

At a cutoff of 6 g/t gold equivalent, the Lexington indicated resource consists of 152,600 tonnes grading 10.3 g/t Au and 1.6% Cu or a gold equivalent of 13.8 g/t. At the same cutoff, the inferred resource is 58,300 tonnes grading 10.2 g/t Au and 1.7% Cu or a gold equivalent of 13.8 g/t.

At a cutoff of 6 g/t gold equivalent, the Golden Crown indicated resource is 30,700 tonnes grading 17.9 g/t Au and 0.8% Cu or a gold equivalent of 19.7 g/t. At the same cutoff, the inferred resource is 74,200 tonnes grading 12.7 g/t Au and 0.6% Cu or a gold equivalent of 14.0 g/t.

Elsewhere, Gold City and equal partner SAN GOLD RESOURCES are drilling the Rice Lake project, the former Bissett gold mine in Manitoba. The latest news from Rice Lake is available at www.RiceLakeJV.com.


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