25 February 2016
TORONTO, ON -- (Marketwired) -- 02/25/16 -- TMAC Resources Inc. (TSX: TMR) ("TMAC" or the "Company") is pleased to provide a summary of the exploration results derived from TMAC's exploration program for 2015.
Dr. Catharine Farrow, Chief Executive Officer of TMAC, stated, "We are pleased with the results of our drilling programs conducted in 2015 as they confirmed geological and grade continuity at Doris North, and provide TMAC with further confidence in the understanding of the orebody. We continue to de-risk the Hope Bay Project as we develop stopes and ramp up mine production at Doris in advance of the shipping, assembly and commissioning of the Processing Plant late in 2016. We also are encouraged by the potential to add mineral resources and ultimately mine life to Doris."
The primary objective of the 2015 exploration and evaluation budget was to support the advancement of Hope Bay through continued geological modelling, diamond drilling and metallurgical test work and resource definition at both Doris and Madrid.