Ten Sixty Four Limited Updates Co-O Mine Resources and Reserves

Ten Sixty Four Limited ( (AU:X64) ) just unveiled an update.

Ten Sixty Four Limited, along with its affiliate Philsaga Mining Corporation, has updated its Mineral Resources and Ore Reserves Statement for the Co-O Mine, reporting a slight increase in overall mineral resources but a decrease in ore reserves. The statement reflects a 4% increase in the Co-O Mine’s mineral resources to 785,000 ounces of gold, despite a decrease in grade, while ore reserves decreased by 7% to 296,000 ounces due to a revised higher gold price assumption. The update indicates ongoing exploration and development efforts to optimize the mine’s output.

More about Ten Sixty Four Limited

YTD Price Performance: -80.0%

Average Trading Volume: 3,000

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $81.2M

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