Levon Resources Announces the 2018 Updated Mineral Resource and Preliminary Economic Assessment, Cordero Project in Chihuahua, Mexico
Levon Resources Ltd. (TSX:LVN) (“Levon” or “the Company”) is pleased to announce the 2018 updated NI 43-101 mineral resource estimate and a 2018 Preliminary Economic Assessment (“PEA”) for the Cordero silver, zinc, lead, and gold porphyry project, located 35 kilometers northeast of Hidalgo Del Parral, Chihuahua State, Mexico. Levon expects to continue its evaluation of the Cordero flagship project with the intent of advancing it to the prefeasibility or feasibility stage, and to seek a strategic partner. The timeline and estimated capital required to advance the project to the next stage are under review. The 2018 resource update includes the 2014 Cordero NI 43-101 resource (news release of October 20, 2014) and the results of 2017 infill resource drilling (news release of September 26, 2017).