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Thursday, April 30, 2009

Resource stock updates

ASX resource company drilling updates -

EXS (EXCO RESOURCES LIMITED) 2009-04-29:
Exco Resources announced that the resource for the White Dam Deposit has been updated and now contains a total of 7.59Mt @ 1.03g/t Au for 251,000oz contained (@ 0.4g/t cut-off) and Initial Probable Reserve of 4.43Mt @ 1.04g/t Au for 149,000oz (0.4g/t cut-off). The company also announced that 55% of the White Dam Resource is now classified as Indicated, with 79% conversion of the Indicated Resource to Probable Reserve. The company announced further that Global Project Resource now totals 10.12Mt @ 1.04g/t Au for 338,000oz.

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