For thousands of other reports visit RSC's Mineral Intellingence Map
Base Resources Ltd.
Summary
| Project: | Kwale | |
|---|---|---|
| Deposit: | Kwale | |
| Location: | Kenya | |
| Commodities: | Zircon-Ilmenite-Rutile | |
| Date: | 12/3/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 3-12-2018: Base Resources Ltd. announces a Resource Estimation report for its Kwale deposit at the Kwale project. Corrected mineral resource and ore reserve estimate. This release corrects an error in Table 3 (Kwale Ore Reserves) of the origi | |
| Resources: | (Reserve, P+P): 80Mt @ 3.9% HM for 3.1Mt HM contained at Kwale | |
| CP/QP: | [Resources]: Richard Stockwell, Scott Carruthers (Independent;Internal) | |
| ABSTRACT: | This release corrects an error in Table 3 (Kwale Ore Reserves) of the original announcement released to the ASX on 8 October 2018. The previously reported 2018 Heavy Mineral (HM) tonnes, HM Grade and HM Assemblage figures for the Proved and Probable categories within the Total Kwale Ore Reserves section of Table 3 were incorrect, however, the combined total was correctly reported. The full 2018 Mineral Resources and Ore Reserves Statement with the corrected Table 3 is presented below. The 2018 Kwale Mineral Resources, as at 30 June 2018, are estimated to be 134Mt at an average HM grade of 3.1% for 4.2Mt of contained HM, at a 1% HM cut‐off grade. The 2018 Kwale Mineral Resource estimate has decreased by 9% for material tonnes and by 18% for contained HM tonnes when compared with the previous 2017 Kwale Mineral Resource estimate due to mining depletion. The Kwale Central Dune Mineral Resources at 30 June 2018 are estimated to be 20Mt at an average HM grade of 3.9% for 0.8Mt of contained HM, decreased by 13Mt containing 0.9Mt of HM compared to the 2017 estimate due to mining depletion during the year. The South Dune Mineral Resources at 30 June 2018 are unchanged from the 2017 estimate as the increase announced on 4 October 2017 was incorporated into the 2017 estimate and mining has not yet commenced on this deposit. | |
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