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Aeon Metals Ltd.
Summary
| Project: | Walford Creek | |
|---|---|---|
| Deposit: | Walford Creek | |
| Location: | Australia | |
| Commodities: | Copper-Cobalt-Lead-Zinc-Silver | |
| Date: | 10/21/2019 | |
| Report Code: | JORC | |
| Report Type: | Scoping Study | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-10-2019: Aeon Metals Ltd. announces a Scoping Study report for its Walford Creek deposit at the Walford Creek project. Scoping study results incl. post-tax NPV (8%) of A$431M, IRR of 34%. Aeon Metals Limited (ASX:AML) (Aeon or the Company) is pleased t | |
| Resources: | ||
| CP/QP: | [Resources]: Simon Tear (H&S Consultants Pty Ltd.) | |
| ABSTRACT: | Aeon Metals Limited (ASX:AML) (Aeon or the Company) is pleased to announce the key outcomes of a Scoping Study completed on its 100%-owned Walford Creek Copper-Cobalt Project (Walford Creek Project) in north-west Queensland. The Scoping Study has demonstrated that this high-grade polymetallic asset is amenable to development – both technically and economically. The Scoping Study has only considered Mineral Resources defined within the Vardy and Marley zones. The Pre-Feasibility Study (PFS) on the Walford Creek Project is now targeted for completion in Q2 2020. The PFS will incorporate updated Mineral Resources inclusive of 2019 drilling in the Amy zone, which represents a further approximately 6km of strike length from Vardy/Marley (3.6km strike) | |
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