Roxmore Resources Provides Update on Development Activities at the Converse Gold Project in Nevada
Roxmore Resources delivered a development update on its flagship Converse Gold Project on Nevada's Battle Mountain-Eureka Trend, confirming key workstreams are underway toward a Prefeasibility Study targeted for December 2027 with a maiden Mineral Reserve. A silver re-assay program is underway, with over 10,000 historic sample pulps dispatched to Actlabs, aiming to include silver in the Q1 2027 Mineral Resource Estimate update; silver grades run up to eight times assayed gold grades, which management says could improve gold-equivalent grades and introduce financing options.
Key figures
- Pfs target
- December 2027 with maiden Mineral Reserve
- Drill rigs active
- 3
- Mre update target
- Q1 2027 (incorporating silver)
- Drill program phase
- Phase 1 infill and extension
- Column tests planned
- 36
- Drill program meters
- 30000
- Holes awaiting assays
- 17
- Drilling completed pct
- approximately 50%
- Historical bottle rolls
- over 1,000
- Historical column tests
- 75
- Record of decision target
- latter half of 2029
- Silver to gold grade ratio
- up to 8x
- Metallurgical results target
- Q2 2027
- Historic sample pulps dispatched
- over 10,000
AI analysis
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