Oriole Resources plc estimates a 23% increase, with “significant potential” to expand, in a revised inferred mineral resource for Bakassi zone 1 within the Bibemi orogenic gold project, Cameroon. TARGETING JORC-compliant 5.1 million tonnes grading 2.30 g/t for approximately 375,000 oz gold is based on a higher gold price. The new MRE forms part of technical studies […]
Tag: mineral resource estimate (MRE)
Altona MRE shows 13.6m tons at 2.42% TREO for Monte Muambe
A total 13.6 million tons at 2.42% total rare earth oxides (TREO) has been recorded in the inaugural mineral resource estimate (MRE) for the Monte Muambe project in northwest Mozambique. FAST TRACK Altona Rare Earths plc’s JORC compliant MRE, using a cut-off grade of 1.5%, includes 0.31% NdPrO representing 42,500 contained tons of neodymium and praseodymium […]
Altona intercepts record high grades
Altona Rare Earths plc intercepted record high grade ore with more confirmed on targets at the Monte Muambe project in Tete Province, northwest Mozambique. TARGET POTENTIAL The company has to date drilled 10 reverse circulation holes for a total 790 metres. Interceptions include 76m at 3.426% total rare earth oxides (TREO) from surface at target 4, […]
Galantas MRE shows 77% rise in contained gold oz
Galantas Gold Corporation reported a 77% increase in total contained gold ounces in a revised mineral resource estimate (MRE) for Cavanacaw mine in Omagh, Northern Ireland. ROBUST The Canadian company’s revised NI 43-101-compliant MRE is based on 42 additional drill holes and a complete review of the previous vein wireframe interpretations. Consultants Micon International Ltd’s […]
Altona to drill target orebody at Monte Muambe
Altona Rare Earths plc is due to drill one of two orebodies with results to be included in the inaugural JORC mineral resource estimate (MRE) for the Monte Muambe project in Mozambique. TARGETS The company expects to resume drilling on or around 15 July, with Spartan Drilling Services Limitada conducting operations. The programme will initially […]
Cornish Metals instals submersible pump at South Crofty
Cornish Metals Inc has installed the first submersible pump for stage one of the dewatering programme in New Cook’s Kitchen (NCK) shaft at the South Crofty tin project in Cornwall. STAGES The pump is the first of two for the two-stage mine dewatering programme. The specialist high-head 950 kW vertical submersible pumps, manufactured by KSB […]