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Crescent increases reserves

CRESCENT Gold has recorded a 41% increase in ore reserves for its Sickle deposit and updated the cost estimates for the project, indicating it could return a net cash flow of $22.8 million.

Michael Vaughan
Crescent increases reserves

The upgraded probable reserve estimate for the Sickle deposit now stands at 2.2 million tonnes at 2.1 grams per tonne gold for 137,000oz of gold. Crescent said the new estimate incorporates the company’s...

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