Guardian Metal Resources plc said that further “very high grade” tungsten intersections showed “tremendous upside potential” for its wholly owned Pilot Mountain in Nevada, USA. MRE Latest drill core assays from holes PM24-018 to PM24-028 in the Desert Scheelite zone confirm “multiple tungsten, copper, silver and zinc rich intervals”. Results include two highest tungsten intersections […]
Tag: mineral resource estimate (MRE)
Kavango targets MRE for Hillside open pit mine
Kavango Resources plc has started drilling to delineate a mineral resource for the basis of an open pit mine at Prospect 3 within the Hillside gold project in Matabeleland, southern Zimbabwe. DEPOSITS The programme will also obtain samples for metallurgical test work. Prospect 3 is the second of two priority targets at Hillside, with Prospect […]
Oriole increases inferred MRE at Bakassi Zone 1
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 […]
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 […]