At Blackwater, we continue to find more gold. We announced an updated mineral resource which increased the resource to 7.1 million ounces of indicated gold resources, plush an additional 2.5 million ounces of inferred. Since acquiring the project in mid-2011, the indicated resources have increased by almost 300%. We are excited with the progress being made at Blackwater, and are focused on the completion of the preliminary economic assessment in September.

Read the rest of this transcript for free on

If you liked this article you might like

Leveling the Playing Field for Investors: Cramer's 'Mad Money' Recap (Friday 2/3/17)

Carrizo Oil & Gas, Emerson, New Gold, Cliffs Natural Resources: 'Mad Money' Lightning Round

Sirius XM and Other Charts to Watch Today

Here's My List of Five Cheap Stocks Under $10 That Could Quickly Pop

Here's a Reason Why New Gold (NGD) Stock Is Slipping Today