Common Contracts

Socio Economic Agreement Signed

July 2nd, 2013

• Filed
  July 2nd, 2013

 Tuzo deep drilling expands Gahcho Kué resource. Following completion of the Tuzo Deep drill program in 2012, an updated resource estimate for Tuzo Deep has been released by Mineral Services Canada Inc. As a result, the project’s indicated resource Increases 12% from 50.5 million carats to 56.6 million carats and the inferred resource Increases 80% from 10.3 million carats to 18.5 million carats. While this resource update highlights the exploration potential at Gahcho Kué, we continue to model the project with 49.4 mln carats to be conservative.