Georgian Mining Corporation (‘GEO’) is pleased to announce an initial Mineral Resource estimate (in accordance with the guidelines of the JORC Code (2012)) for the gold oxide deposit at Gold Zone 2 in the Kvemo Bolnisi East (‘KB’) Project with combined Indicated and Inferred categories of 2.29Mt @ 0.85g/t Au, containing an optimised In-Pit Mineral Resource of 1.14Mt @ 1.10g/t Au.
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Share Talk spoke to Greg Kuenzel, Managing Director of Georgia Mining Corporation (AIM:GEO). We have a comprehensive catch up after a busy period in the company and discuss the recent oversubscribed placement.
Georgian Mining Corporation (‘GEO’ or the ‘Company’) announces that it has intersected exceptionally high grade mineralisation, including 16m at 15.4% copper (‘Cu’) from 47m, during its ongoing drilling programme at ‘Gold Zone 2’ situated within the Kvemo Bolnisi East Project (‘KB’).