Anglesey Mining plc reported a revised mineral resource estimate (MRE) with the inclusion of the first measured resource for Parys Mountain. CATEGORIES The company’s revised estimates for the White Rock and Engine zones are based on 10 additional drill holes completed in 2022 and a detailed review of previous geological interpretations. Measured resources include […]
Tag: mineral resource estimate (MRE)
GreenRoc Mining Phase II drilling nearly trebles MRE for Amitsoq graphite
GreenRoc Mining plc reported a near three-fold increase in the mineral resource estimate (MRE) at its 100%-owned Amitsoq Island graphite project in southern Greenland. FOCUS The 2023 MRE incorporates the results of the Phase II drilling programme completed in September 2022. The company has also decided to focus on progressing Amitsoq to production as quickly as […]
Oriole’s orogenic gold MRE is ‘first’ for Cameroon
Oriole Resources plc reported an inaugural inferred JORC mineral resource estimate (MRE) of 305,000 Troy ounces grading 2.19 g/t gold for Bakassi Zone 1 at Bibemi in Cameroon. EXPLORATION Forge International Ltd compiled the revised resource and exploration target at Bakassi Zone 1, one of four prospects at Oriole’s 90%-owned project. Oriole said that the […]
Altona on course for MRE-scoping study
Altona Rare Earths plc said it was on schedule to produce its inaugural mineral resource estimate (MRE) and scoping study for its 100% Monte Muambe project in Tete Province, northwest Mozambique. TARGETS The company is currently progressing reverse circulation (RC) drilling at its targets. For activities during the third quarter, Altona reported that drilling focused […]
Cadence notes significant MRE increase at Amapá
Cadence Minerals plc reported an increase in JORC resource, with greater tonnage in measured and indicated categories, at its joint venture Amapá iron ore project in Brazil. MRE Partner DEV Mineraço S.A.’s new mineral resource estimate (MRE) shows an increase in total measured, indicated and inferred mineral resources, to 276.24 million tonnes (Mt) grading 38.33% […]
Altus reports 67% rise in reserves and $150m NPV for Diba gold project
Altus Strategies plc announced a 67% increase in mineral reserves and post-tax net present value (NPV) of US$150 million for its 100% owned Diba & Laflanka gold project in western Mali. MINERAL RESOURCE ESTIMATE The company reported the figures in its revised mineral resource estimate (MRE) and preliminary economic assessment (PEA). Altus said it aimed […]