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Friday, December 4 - 2009

Centamin hikes Sukari gold resource estimates

  • Egypt: Wednesday, July 15 - 2009 at 09:43

Egyptian gold producer, Centamin has upgraded its gold resource estimates at its flagship Sukari project in Egypt by about 520,000 ounces, or 6%, from its February estimate to 9.91 million on a measured and indicated basis. The company said the Sukari project contains about 3.3 million ounces of inferred resources, adding that drilling indicates that mineralization continues further north of the existing reserve, with continuous high grades in the deeper zones.

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