Val d’Or, Que.-based Procoloro Resources (PCH-M) has updated the resource estimates for its Yurani gold mine, in northwestern Colombia.
Kilborn-SNC-Lavalin has calculated indicated and inferred resources of 521,000 tonnes grading at least 10 grams gold per tonne, with a potential resource of 864,000 tonnes of at least 10 grams gold.
The Yurani mine currently produces at an annual rate of 15,000 oz. using a 100-tonne-per-day mill. Procoloro holds a 64% interest in the mine, with the remainder held by private Colombian interests.
This year, Procoloro plans to drill 2,800 metres.
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