Aim-listed Georgian Mining (GEO) has declared a maiden inpit resource of 1.14-million tons at 1.10 g/t of gold at Gold Zone 2 in the Kvemo Bolnisi East (KB) project in the Tethyan belt, in Georgia.
The Gold Zone 2 is one of three zones currently being developed at KB, which may form one large epithermal copper/gold system. The initial Gold Zone 2 resource exceeds the interim target and increases confidence in GEO’s three-phase strategy to develop a total resource in excess of 50-million tons that exploration activities are targeting at KB.
