Edgewater stacks the gold ounces at Corcoesto in Spain

摘要

Edgewater Exploration (TSXV: EDW) is closing in on a production decision at its Corcoesto gold property in Gal-icia, Spain. Edgewater has updated the resource estimate at Corcoesto, boosting measured and indicated resources by 203%. That represents two years of an infill drill program, and should form the foundation for a feasibility study scheduled for release this quarter. Since 2010 Edgewater has drilled 300 holes totalling 50,000 metres at Corcoesto, with the project's new estimate incorporating around 113,000 metres of drilling - including diamond, reverse-circulcation, geotechnical and hydrogeological drill holes - and resulting in only a marginal drop in average grade from a 2011 inferred resource.