MEXICO - GAMMON LAKE RESOURCES of Dartmouth, N.S., has expanded the resource at its Ocampo gold-silver project in Chihuahua. The new study puts the measured and indicated resources at 3.03 million oz gold-equivalent plus an additional 4.53 million oz classified as inferred.
The property-wide estimate includes 1.85 million oz of gold and 76.7 million oz of silver in the measured and indicated categories. This estimate of gold and silver is contained in 39.2 million tonnes grading 1.46 g/t Au and 61 g/t Ag. Inferred resources total 21.2 million tonnes at 3.75 g/t Au and 188 g/t Ag.
Gammon Lake is examining the possibility of developing both an open pit and underground mine at Ocampo. The company is sole owner of the project. Photos may be viewed at www.GammonLake.com.