Company News Summary
Gold Road Resources Presents Updated Ore Reserve Statement as at 30 September 2021
27 Oct 2021 | 09:35:00 | Associate analysts | Increase | Decrease |
Original announcement: Material Increase in Gruyere JV Ore Reserve
Gold Road Resources presented an updated Ore Reserve Statement as at 30 September 2021 (September 2021 Ore Reserve) for the Gruyere JV. The Gruyere JV is a 50:50 JV with Gruyere Mining Company, a member of the Gold Fields, who manage and operate the Gruyere Gold Mine. As at 30 September 2021, the Gruyere JV Open Pit Ore Reserve1 totals 110.4Mt at 1.28 g/t Au for 4.54Moz, a substantial 31% increase of 1.07Moz after depletion of 0.21Moz during 2021.
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