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Kingsgate's Chatree gold reserves jump

KINGSGATE Consolidated has increased reserves at the Chatree operation in Thailand by 46% to 1.3 million ounces after increasing the gold price used by more than 40% to US$1700/oz.

Michael Quinn
Chatree, Thailand

Chatree, Thailand

Ore reserves now total 52 million tonnes grading 0.78 grams per tonne gold and 7.4gpt silver for 1.3 million ounces of gold and 12.2Moz of silver. The previous estimate was 35.4Mt at 0.78gpt gold. ...

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