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OceanaGold Releases Technical Study for Haile Gold Mine

11 Aug 2017  |  19:31:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: OceanaGold Releases Technical Study for Haile Gold Mine

OceanaGold announced the completion of an updated National Instrument 43-101 compliant technical report ("Technical Report") for the Haile Gold Mine located in South Carolina, United States. The release of the Technical Report follows the Company's news release dated 26 June 2017 that announced the results of the recently completed Haile Optimisation Study. The results of the study reflected robust economics of an expanded Haile operation with a 70% increase in mineral reserves, near 50% increase in annual gold production over life of mine, increased mine life and a maiden reserve for the underground operation at the Horseshoe deposit.

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