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Asaplus Resources Ltd.
Summary
| Project: | Beikeng Mine | |
|---|---|---|
| Deposit: | Beiking Mine | |
| Location: | China | |
| Commodities: | Iron-Lead-Zinc-Tungsten | |
| Date: | 8/8/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-8-2017: Asaplus Resources Ltd. announces a Resource Estimation report for its Beiking Mine deposit at the Beikeng Mine project. Clarification of information for Independent Geologists Mineral Reserve for Beikeng Mine. Asaplus Resources Ltd (“Asaplus” or | |
| Resources: | (Resource, Inf.): 1.058Mt @ 27.52% Fe, 1.53% Pb, 1.22% Zn, 0.58% WO3 at project | |
| CP/QP: | [Resources]: Peter Peebles (Darlington Geological Services Pty Ltd.) | |
| ABSTRACT: | Asaplus Resources Ltd (“Asaplus” or the “Company”) refers to it’s announcement dated 12 July 2017 (Independent Geological and Resource Report Beikeng Iron Mine). The following information is provided in respect to the Resource Estimate contained within that report. The Beikeng Iron Ore Mine deposit is hosted by skarn material, which has originated as a result of fluids emanating from granodiorite intrusives reacting with carbonate sediments, resulting in a skarn deposit. Along with iron (in the form of magnetite) the skarn orebody also contains economic concentrations of silver, lead, zin and tungsten mineralisation, along with limited copper mineralisation. The skarn orebody is uniformly mineralised along strike, across strike and from surface. Drilling Techniques Drilling of the orebody was by NQ sized diamond core. Classification Criteria The total resource is classified as “Inferred” because of overall lack of high density drilling/sampling. Drill holes and surface channel sampling lines are spaced approximately 80 metres apart with underground channel sampling lines also at approx. 80m spacings. The NQ diamond core was whole core sampled at 2 metre sample lengths, while surface and underground channel samples were collected over generally 2 metre intercepts. All samples were prepared using standard laboratory protocols (ie crushed, pulverised so that >85% passing 75 microns) then subsampled for assay. | |
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