Latest update February 22nd, 2025 2:00 PM

Guyana's largest selling daily and New York's most popular weekly

Latest News

Overseas mining company reports increase gold, copper find

Mar 19, 2011 News

Sandspring Resources Limited on Thursday announced an update for new gold and copper assay results from drilling in the area of the Toroparu gold-copper deposit in  Guyana.
Last September the company had stated that a compliant single optimized open pit shell resource independently indicated mineral resource of 2.64 million oz. gold and 262 million pounds copper and an additional Inferred mineral resource of 3.42 million oz. gold and 216 million pounds copper
The Company now says that new assay results illustrates an additional 7156m of drilling mainly designed to optimise grade and tonnage parameters and define geologic features within the known compliant Toroparu gold-copper resource.
“Assay results from a total of 70,770m of diamond drilling have now been disclosed to date on the Toroparu Property.”
Abraham Drost, President of Sandspring states… “Infill drilling to Feasibility-ready Measured and/or Indicated resource quality status continues at this time.
The current round of infill drill results, particularly bracketed between Holes 131, 134, 136 and 139 confirms the higher quality grade characteristics of a possible starter pit area identified previously
The Toroparu Deposit remains open along strike and to depth.
The Company reports also that it continues step-out drilling of Toroparu and regional exploration of its Upper Puruni concessions.

Similar Articles

The Glenn Lall Show|| February, 14th, 2025

Follow on Tik Tok @Glennlall

THE BLUNT OF THE DAY

Sports

 Slingerz FC shines at Guyana Energy Conference and Youth Forum

 Slingerz FC shines at Guyana Energy Conference and Youth Forum

Feb 22, 2025

Kaieteur Sports- Slingerz FC made a bold statement at the just-concluded Guyana Energy Conference and Supply Chain Expo, held at the Marriott Hotel, by blending the worlds of professional football...
Read More
Guyana’s rising Chess stars take on Barbados

Guyana’s rising Chess stars take on Barbados

Feb 22, 2025

Elite clubs will challenge KFC monopoly on team uniforms

Elite clubs will challenge KFC monopoly on team...

Feb 22, 2025

Bristol named manager as Guyana gears up for 2025 Caribbean Boxing Championship

Bristol named manager as Guyana gears up for 2025...

Feb 22, 2025

BCB puts a halt to cricket season due to inclement weather

BCB puts a halt to cricket season due to...

Feb 22, 2025

Changes made to KMTC Phagwah Horse race meet

Changes made to KMTC Phagwah Horse race meet

Feb 22, 2025

Features/Columnists

  • The clock and the cloud   

    Peeping Tom… Kaieteur News- Time, as the ancients knew, is a trickster. It slips through the fingers of kings and commoners... more

Publisher’s Note

Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.

Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]

Weekend Cartoon

Bridge Watch

Demerara Harbour Bridge

> Berbice Bridge […]