High River Gold completes technical survey at Irokina and Zun-Holba

Canadian company High River Gold Mines has announced the completion of a series of technical reports on its Irokina and Zun-Holba projects.

The reports show updated reserve and resource estimates at High Rivers two gold mining operations within the Republic of Buryatia, a federal subject of the Russian Federation. The surveys were conducted by independent geological consultant Ricardo Valls.

The updated numbers for Irokina show 322,704 tons of ore with 9.2 g/t gold grade, resulting in 2,967 kg of proven and probable gold reserves; 200,220 tons of ore with 15.6 g/t gold grade, resulting in 3,118.2 kg of measured and indicated gold resources; and 332,918 tons of ore with 13.3 g/t gold grade, resulting in 4,440.5 kg of inferred gold resources.

At the Zun-Holba mine, the survey found 260,610 tons of ore with 9.4 g/t gold grade, resulting in 2,454 kg of proven and probable gold reserves; 212,428 tons of ore with 12.1 g/t gold grade, resulting in 2,580 kg of measured and indicated gold resources; and 538,812 tons of ore with 10.6 g/t gold grade, resulting in 6,161 kg of inferred gold resources.

Commercial gold mining operations began at Irokinda in 1985 and at Zun-Holba in 1986.

High River Gold Mines is a Toronto-based gold mining company that currently operates mines in both Russia and Burkina Faso.

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