The Board of Directors (the “Board” or “Directors”) of Wilton Resources Corporation Limited (“Company”), and together with its subsidiaries, the “Group”) is pleased to announce a maiden estimate of Mineral Resources for the prospects known as Cibak and Cipancar (the “Cibak and Cipancar Prospects”) within the Group’s Ciemas Gold Project area, as part of the Group’s ongoing Exploration Programme.
The estimate of Mineral Resources is based on an independent qualified person’s report (“IQPR”) which has been prepared by the Company’s independent consultant, SRK Consulting China Limited (“SRK”),
SRK estimated that, at a gold cut-off grade of 2.5 grams per tonne (“g/t”), the Cibak and Cipancar Prospects contain approximately 1.1 million tonnes (“Mt”) of Inferred Resources with an average grade of 5.6 g/t of gold, reported in accordance with the Joint Ore Reserves Committee (“JORC”) code 2012 edition.