For thousands of other reports visit RSC's Mineral Intellingence Map
Amani Gold Ltd.
Summary
| Project: | Giro | |
|---|---|---|
| Deposit: | Kebigada | |
| Location: | Democratic Republic Of The Congo | |
| Commodities: | Gold | |
| Date: | 8/23/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-8-2017: Amani Gold Ltd. announces a Resource Estimation report for its Kebigada deposit at the Giro project. Revision to Initial Mineral Resource with minor decrease to contained gold. Amani Gold Limited (ASX: ANL, Amani) reports a minor decrease to th | |
| Resources: | (Resource, Total): 45.62Mt @ 1.46g/t Au, 2.14moz Au contained at project | |
| CP/QP: | [Resources]: Jeremy Charles Witley (MSA Group Pty Ltd.) | |
| ABSTRACT: | Amani Gold Limited (ASX: ANL, Amani) reports a minor decrease to the contained gold content at a cutoff grade of 0.90g/t Au in the 30 June 2017 Mineral Resource previously reported on 5 July 2017 (together with the addendum dated 18 July 2017). The revision has been identified by independent mining consultant, The MSA Group, while completing its comprehensive Mineral Resource report. The decrease is predominantly in the Inferred Mineral Resource category where there was limited drilling and had little effect on the Indicated Mineral Resource category. The changes arose from the inclusion of a number of low grade samples associated with the intrusions that had previously been excluded from the mineral resource modelling. This resulted in portions of the previously reported Mineral Resource falling below the cut-off grade of 0.9g/t Au that have consequently been left out of the revised Mineral Resource estimate. The revised Mineral Resource is reported in accordance with the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (The JORC Code) and is classified into the Indicated and Inferred categories as shown in Table 1. The revised Total Mineral Resource Estimate of 45.62 million tonnes at 1.46g/t Au for 2.14 million ounces at a 0.90g/t Au cut-off grade is based on gold assays and density measurements obtained from the cores of 24 NQ size diamond drillholes (DD) and 230 reverse circulation (RC) holes drilled by Amani and its predecessors between December 2013 and May 2017. An internal, high level Whittle pit shell was run at USD1,500/oz Au to establish Reasonable Prospects for Eventual Economic Extraction (RPEEE) as per JORC guidance. Depending on key parameters such as gold price, annual throughput, process plant recoveries and operating costs, cut off grades are likely to be in the range of 0.6g/t Au and upwards for Mineral Resource reporting | |
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