Silver Bear Resources Inc. on Dec. 21 announced an updated resource estimate for the Vertikalny deposit within its Mangazeisky silver property in Russia.
The deposit hosts 28.1 million troy ounces of silver within 760,000 tonnes at 1,152 g/t of silver in the measured and indicated category, and 8.5 million troy ounces of silver within 350,000 tonnes at 762 g/t of silver in the inferred category.
Silver Bear noted that an infill channel sampling program converted 1.8 million ounces of contained silver to the measured category.
As a result of the updated estimate, the Mangazeisky property now hosts 1.8 million troy ounces of silver in the measured category, 34.6 million troy ounces of silver in the indicated category and 24.0 million troy ounces of silver in the inferred category.
