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Sydney - Tuesday - Sept 20: (RWE Australian Business News) - Bolnisi Gold (BSG) reports that an updated resource estimate has been completed by Mine Development Associates of Reno, Nevada for the Company's Palmarejo Gold-Silver Project in Chihuahua State, Mexico.
The Palmarejo Project is held by the Company's subsidiary, Planet Gold.
Planet Gold is owned 100% by Palmarejo Gold Corporation, a Canadian TSX Venture Exchange listed corporation which is 82% owned by Bolnisi.
Since the previous resource statement, drilling at Palmarejo has concentrated on infill and extensional drilling to increase the level of confidence in …