For thousands of other reports visit RSC's Mineral Intellingence Map
Aeon Metals Ltd.
Summary
| Project: | Walford Creek | |
|---|---|---|
| Deposit: | Vardy | |
| Location: | Australia | |
| Commodities: | Copper-Cobalt-Lead-Zinc-Silver | |
| Date: | 10/25/2016 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-10-2016: Aeon Metals Ltd. announces a Resource Estimation report for its Vardy deposit at the Walford Creek project. Updated and increased mineral resource estimate for Vardy. Aeon Metals Ltd (“Aeon” or “the Company”) is pleased to announce an updated | |
| Resources: | (Resource, Total): 6.1Mt @ 1.26% Cu, 0.16% Co, 0.78% Pb, 0.77% Zn, 25.4g/t Ag | |
| CP/QP: | [Resources]: Simon Tear (H&S Consultants Pty Ltd.) | |
| ABSTRACT: | Aeon Metals Ltd (“Aeon” or “the Company”) is pleased to announce an updated and increased Mineral Resource Estimate (reported in accordance with the 2012 JORC Code and Guideline) for a zone of the 100% owned Walford Creek Base Metals Project. The new estimate is for a 1km eastern zone now referred to as Vardy. The work by geological consultant H&S Consultants Pty Ltd follows the recent infill diamond drilling undertaken in May/June 2016 within the Vardy zone. That program consisted 20 holes for 3,451m predominantly closely spaced on 25m centres for a selected portion of the Vardy mineral zone. Vardy has a strike of approximately 1km on the eastern end of the larger global mineral Resource previously stated for Walford Creek of 73Mt @ 1.43% Cu Equiv (73Mt @ 0.4% Cu, 0.85% Pb, 0.85% Zn, 23.5 gt Ag and 0.08% Co) in March 20151 . The Vardy high-grade Resource contains significant copper and cobalt with lower grades of lead, zinc and silver. The new high-grade Vardy Resource is calculated on all drilling completed over this 1km of strike and includes the May/June 2016 drilling results but not the recent (September/October 2016) program. Managing Director, Hamish Collins, noted that the Resource opens the possibility of an initial mining development focussed on the Vardy Resource which would benefit significantly from the high grade and shallowness of the mineralisation. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report