Medan-Mining companies from Hong Kong, G-Resources Group Limited discover new reserves of gold and silver in the Martabe project, North Sumatra. The potential of gold were found to achieve 233,000 ounces or the equivalent of 6605 kilograms of gold.

Meanwhile, the potential of silver were found G-Resources reached 2.11 million ounces of silver or the equivalent of 59,817.49 kilograms. The findings are found in zones of East Purnama, Martabe Project, North Sumatra.

Purnama East is a newly defined zone, located east of Pit 1/Purnama, with the potential to be mined open a separate system or expansion 1/Purnama Pit.

"Mineral resources total on July 25, 2011 was estimated at 6.73 million ounces of gold and 68.31 million ounces of silver," said Chief Executive Officer (CEO) G-Resources, Peter Albert, in a written statement received VIVAnews.com Monday July 25, 2011.

According to him, the mineral resources in the East Purnama is thought to be the first mineral resource of some resources that will increase in 2011. This was followed by core drilling program in order to limit the Purnama deposit in the East, Horas, and Tor Uluala.

G-Resources, said Albert, aggressively exploring around Martabe and across the company's contract of work area of ​​1639 square kilometers. Initial estimates of resources to prospects and Tor Uluala Horas very good. Resource estimate will be released before the end of 2011 and result in further additions to the resource base Martabe.

"The next focus of exploration drilling is drilling new targets close to the Martabe," he said.

These new reserves to support the belief that the project company Martabe gold project is one of the world's best undeveloped. With reserves and resources are strong, the G-Resources has seen an expansion in capacity and potential mine life extension that can reach more than 10 years