Based on work to date, the Marudi Mountain property in southern Guyana has a drill-indicated and possible resource of about 9.6 million tons grading 0.07 oz. gold.
Sutton Resources (VSE) says most of the resource is contained in the Mazoa deposit, which is estimated to hold 7.4 million tons grading 0.075 oz. at a stripping ratio of 2.5-to-1 or better.
Marudi, about 5,000 ft. north of the main Mazoa deposit, contains the remaining resource and is open on strike and to depth.
More drilling is planned on both deposits this year, which may lead to an evaluation for a potential open pit.
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