Twin Shear
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The information on this website should be read in connection with Rusoro Mining's news release dated March 14, 2012 which addresses the Nationalization of Rusoro's Venezuelan mining assets by the Bolivarian Republic of Venezuela ("Venezuela") government and the subsequent news release dated August 22, 2016 announcing the award (the "Award") issued on August 22, 2016 by the Arbitration Tribunal ("Tribunal").
For a copy of the Award, please click here.
Twin Shear
Twin Shear, also situated within the Block B group of concessions, currently has a NI 43-101 compliant inferred resource estimate of 482,000 oz/Au.
The Twin Shear Resource was estimated by Scott Wilson RPA using a cut off of 8 g/t Au and a grade cap of 50g/t Au with a density of 2.7 used for all material. It is based on a total of 36 diamond drill hole intersections along a 1 km portion of a 2.2 km long structure. The structure is adjacent to the principal structures in the Isidora Mine. The mineralized zone has variable widths generally between 1 and 4 metres.
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