PRECIOUS METALS

Sirios seeks $2.1M top-up for Cheechoo drilling

Quebec minnow raises funds for James Bay gold drilling

Staff reporter

Cheechoo, less than 10km from Eleonore, has an estimated 93 million tonnes at 0.65gpt for 1.96 million ounces of inferred openpit resource.

Last winter's 5,237m drilling campaign was said to have added 355,000oz, or 22% more gold, to its previous resource estimate.

"With relatively little drilling and at a low cost, we have significantly increased the size of the mineral resource on the property, demonstrating that the project improves every time work is carried out," CEO Dominique Doucet has said.

"The Cheechoo project has additional favorable characteristics including, among others, excellent gold recovery, a very low stripping ratio (1.1), proximity to existing infrastructure, as well as excellent exploration potential. We are very confident that future work will continue to increase the value of the project."

 

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.