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Otago gold explorer upgrades resource estimate

Drilling suggests resource of more than 2m ounces, although estimate has low reliability.

A Santana Minerals drilling rig at the Bendigo-Ophir project in Central Otago.

Tim Hunter Mon, 11 Jul 2022

ASX-listed mining minnow Santana Minerals has updated its mineral resource estimates for its Bendigo-Ophir project in Central Otago, saying ‘inferred’ resources at the site are now more than two million ounces.

Under the rules governing mining company reporting, an inferred resource is the least

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Tim Hunter Mon, 11 Jul 2022
Contact the Writer: thunter@nbr.co.nz
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Otago gold explorer upgrades resource estimate
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