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news GoldMining updates mineral resource estimate for the Whistler Project, Alaska

GoldMining has updated the mineral resource estimate on its 100% owned Whistler Project in south central Alaska, consisting of resource estimates for the Whistler, Island Mountain and Raintree West gold-copper deposits with an effective date of 11 June 2021.

Compared to the prior reported estimate completed in 2016, indicated mineral resources for gold, copper and silver have increased by 9.9%, 23.0% and 35.9% respectively. Inferred mineral resources for gold have increased 0.9%, and for copper and silver have decreased by 0.3% and 29.0% respectively.

“Whistler is currently one of the largest known mineral resources in Alaska”

“The updated resource at Whistler provides a clear and modernized view of the potential of this large-scale goldcopper project,” said Alastair Still, Chief Executive Officer of GoldMining. “With approximately three million ounces of indicated gold equivalent resource and 6.5 million ounces of inferred gold equivalent resource, Whistler is currently one of the largest known mineral resources in Alaska, a proven mining jurisdiction. “The updated resource estimate also includes approximately 422 million pounds of copper in indicated resources and approximately 711 million pounds of copper in inferred resources, which enhances the attractiveness of the project, especially given the current copper price and the long-term outlook for copper demand.”

Epiroc wins large mining equipment order in Mexico

Epiroc has won a large order for underground mining equipment from Mexican contractor CoMinVi for use in several mines throughout the country.

Headquarted in Guanajuato, Mexico, CoMinVi SA de CV was founded 19 years ago and is dedicated to the construction of mining development.

The order includes a variety of Epiroc machines, including face drilling rigs, production drilling rigs, rock reinforcement rigs, loaders and mine trucks. The equipment will ensure the mines are operated with improved productivity, safety and cost efficiency. The machines will be used at several mines in Mexico where CoMinVi serves as contractor. Epiroc will also provide aftermarket services such as on-site maintenance supervisor and spare parts consignment. “The acquisition of this new equipment is a historical part of CoMinVi’s growth in recent years and represents a competitive advantage for us,” said Rafael Villagómez Contreras, CoMinVi’s CEO.