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Bass Metals Ltd.
Summary
| Project: | Graphmada | |
|---|---|---|
| Deposit: | Mahefedok North | |
| Location: | Madagascar | |
| Commodities: | Graphite | |
| Date: | 11/25/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 25-11-2019: Bass Metals Ltd. announces a Resource Estimation report for its Mahefedok North deposit at the Graphmada project. Mahefedok North resource increases by 54%. Bass Metals is pleased to provide an updated and expanded estimate for the for Mahefed | |
| Resources: | (Resource, Total): 2.0Mt @ 4.3% TBC at Mahefedok North | |
| CP/QP: | [Resources]: Tim McManus (Internal) | |
| ABSTRACT: | Bass Metals is pleased to provide an updated and expanded estimate for the for Mahefedok North zone, part of the Mahefedok Deposit, the primary large flake graphite deposit for the Graphmada Mining Complex. Current mining operations at Mahefedok North confirmed the presence of mineralization not discovered as part of the maiden drilling (1,869m) and resource estimate reported in June 20171. To infill and upgrade the confidence classification in accordance with the JORC Code (2012), a further 1,092m of drilling and sampling2 was completed in and around existing open pit operations. The information collected, combined with 2017 drill data was used to update the existing Mineral Resource estimate for Mahefedok North only. Mahefedok Central and Mahefedok South are yet to be further drill tested for extensions or infill drilled and are open in all directions and to depth. | |
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