Lipichi project brings good news for Luzon

CANADIAN-based Luzon Minerals has recorded almost a half million ounce initial resource for its Lipichi project in Bolivia, tracing mineralisation over a 700m strike length.

The Lipichi resource has a cut-off grade of 1 gram per tonne of gold, and contains 495,000oz of gold, 54,500 tonnes of antimony and 3.42Moz of silver.