Pre-Feasibility Drilling at Ann Mason Project
VANCOUVER, BC - Entree Gold Inc. reported the commencement of pre-feasibility drilling at its 100% owned Ann Mason project in the Yerington district of Nevada. Completion of this drill program will significantly advance the Ann Mason deposit along a development timeline and is a major step towards a pre-feasibility study ("PFS").
The drill program is designed to upgrade the mineral resources contained in the 2012 Preliminary Economic Assessment Phase 5 pit from indicated and inferred to a mix of measured and indicated categories. Upgrading the Phase 5 pit resources to the measured and indicated categories will be a significant milestone for Entree and will be essential for the preparation of the project's first reserve estimates and for determining the economic viability of the deposit.
Greg Crowe, President and CEO of Entree stated, "The Ann Mason deposit contains the largest National Instrument 43-101 defined resource in the Yerington area and the commencement of pre-feasibility drilling is the next step in moving this sizeable deposit towards development.