Canadian firm Guyana Goldfields Inc (GGI) found higher levels of gold than had been projected during operations at its Aurora mine last year and has set aside US$3 million for further exploration this year.
“As of December 31, 2015, 27% more ounces of gold were contained in the ore mined than were predicted by the ore reserve model for the Project,” the company said in a statement yesterday. “Results to date demonstrate a conservative ore reserve model and the high grade, profitable nature of the Aurora Gold Mine,” Scott A. Caldwell,