Capricorn Metals (ASX:CMM) reported a 33% increase in its group ore reserve estimate at the Karlawinda project and Mt Gibson project in Western Australia to 5.2 million ounces of gold from 3.9 million ounces last year, according to a Monday filing with the Australian bourse.
The group mineral resource estimate was also up 29% to 8.7 million ounces of gold from 6.7 million ounces, the filing said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.