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Leagold's measured, indicated resource at Bermejal gold project up 94%

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Leagold's measured, indicated resource at Bermejal gold project up 94%

LeaGold Mining Corp.'s measured and indicated resource estimate at its Bermejal underground project in Mexico surged 94% to 9.9 million tonnes at 6.2 g/t gold for about 2 million contained ounces.

The inferred resource stands at 4.8 million tonnes at 5.4 g/t gold for 820,000 contained ounces, according to an Oct. 16 release.

The Dec. 31, 2016, estimate stood at 1 million ounces of measured and indicated resources and 680,000 ounces of inferred resources.

Most of the remaining 67 holes planned for the current year drill program are infill and will focus on upgrading additional inferred resources to indicated classification.