Australian gold junior miner surpasses 2-million-ounce mark at Pickle Crow Project
Auteco Minerals Chairman Ray Shorrocks’ bold prediction from last October that his Pickle Crow Gold Project could reach the two-million-ounce mark in resources by this winter has apparently come to pass.
The Australian gold explorer, which is poking around the former Pickle Crow Mine near Pickle Lake, announced a new resource estimate for its project, which now stands at 2.23 million ounces, averaging 7.89 grams of gold per tonne, all in the inferred category. The resource update was compiled from 30,000 metres of drill data.
The company said the latest gold resource estimate is up by 30 per cent – 514,000 ounces – since the last estimate six months ago. Auteco contends its exploration success has elevated Pickle Crow to “world-scale status.”
Read the full article from Northern Ontario Business HERE