The North Lake gold property in northeastern Saskatchewan. Credit: MAS Gold.
MAS Gold (TSXV: MAS) has updated the resource estimate for its North Lake gold deposit in the La Ronge Gold Belt of northeastern Saskatchewan, increasing the tonnage by 28.3% and in situ gold resources by 18.5%.
Using a cutoff of 0.4 g/t gold, the deposit is now estimated to contain 18.1 million inferred tonnes averaging 0.85 g/t gold for 494,000 contained oz. of gold. A 2020 estimate contained 14.1 million inferred tonnes at 0.92 g/t gold for 417,000 contained oz. of gold.