WINSHEAR GOLD

Winshear Gold is a Canadian based junior exploration company focused on advancing its 100% owned SMP Gold Project in Tanzania to a production decision and outlining the resource potential at the DGP Gold and Tin Project in Namibia. The SMP Gold Project covers a 238km2 area in the Lupa Goldfield, SW Tanzania and is adjacent to the New Luika Gold Mine, operated by Shanta Gold Limited, an AIM-listed company. On March 26, 2015, Helio released a new resource calculation from the SMP Gold Project, whi... ch classified the SMP Mineral Resource almost entirely as Indicated, giving greater confidence in the quality of the resource estimation and allowing Helio to advance the project to a production decision through a feasibility study. The resource reports a total Indicated Resource of 7.5 MT grading 2.4 g/t Au for 590,000 oz Au contained. This can be broken down into 5.9 Mt grading 1.8 g/t Au for 332,000 oz inside a pit constrained shell at US$1,400/oz gold price and 1.6 Mt grading 4.9 g/t for 258,000 ounces of potentially underground mineable material. The total Inferred Resource is 0.56 Mt at 2.5 g/t Au containing 45,000 oz Au in the same pit constrained shell and underground configurations. - click here for full details.More