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Base Resources Ltd.
Summary
| Project: | Toliara | |
|---|---|---|
| Deposit: | Ranobe | |
| Location: | Madagascar | |
| Commodities: | Zircon-Ilmenite-Rutile | |
| Date: | 8/21/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 21-8-2019: Base Resources Ltd. announces a Resource Estimation report for its Ranobe deposit at the Toliara project. 2019 Mineral Resources and Ore Reserves Statement. The 2019 Mineral Resources and Ore Reserves for Base Resources Limited (ASX & AIM: BSE) | |
| Resources: | (Resource, Total): 1293Mt @ 5.1% HM for 72Mt HM contained at Ranobe | |
| CP/QP: | [Resources]: Greg Jones (IHC Robbins) | |
| ABSTRACT: | The 2019 Mineral Resources and Ore Reserves for Base Resources Limited (ASX & AIM: BSE) (Base Resources or the Company) are summarised in the table below together with the 2018 Ore Reserves and Mineral Resources for comparison. The Company acquired the Toliara Project in January 2018 and is currently progressing the project through a definitive feasibility study. The Toliara Project is founded on the Ranobe deposit, located approximately 40 kilometres north of the town of Toliara in south west Madagascar and approximately 15 kilometres inland from the coast. The 2019 Ranobe Mineral Resources are estimated to be 1,293Mt at an average HM grade of 5.1% for 66Mt of contained HM, based on a 1.5% HM cut-off grade. | |
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