Gold Road Resources Limited Increase in mineral resource at Attila Open Pit
Increase in mineral resource at Attila Open Pit:Gold Road Resources Limited (ASX: GOR) announced an increase in mineral resources at its Attila Open Pit while maiden reserve evaluation has been planned for completion in September 2017. The new Mineral Resource now totals 6,570,900 tonnes at 1.55 g/t Au for 327,300 ounces of gold. This represents an addition of 103,200 ounces (+46%) compared to the 2015 Resource, with 91% of the Mineral Resource being classified in the Measured or Indicated categories. Attila Deposit is located on the Gruyere Joint Venture (Gruyere JV or Joint Venture) tenements, a 50:50 Joint Venture with Gold Fields Limited (Gold Fields), and situated approximately 30 kilometers west of the Gruyere Gold Project. Gruyere, is a long life, large scale, minimal risk and low-cost gold project and has been recently de-risked by the JV deal with Gold Fields (who has 10% relevant interest in GOR).
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