For thousands of other reports visit RSC's Mineral Intellingence Map
Battery Minerals Ltd.
Summary
| Project: | Montepuez | |
|---|---|---|
| Deposit: | Elephant, Buffalo | |
| Location: | Mozambique | |
| Commodities: | Graphite | |
| Date: | 2/15/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 15-2-2017: Battery Minerals Ltd. announces a Resource Estimation report for its Elephant, Buffalo deposit at the Montepuez project. Updated mineral resource and Initial ore reserve at Montepuez. Battery Minerals Limited (ASX: BAT) (“Battery Minerals” or t | |
| Resources: | (Reserve, Prob.): 41.4Mt @ 8.80% TGC for 3.64Mt of flake product (4% TGC Cut-off) at project | |
| CP/QP: | [Resources]: Robert Dennis, Mark Burnett (RPM Global;Snowden Mining Industry Consultants Pty Ltd.) | |
| ABSTRACT: | Battery Minerals Limited (ASX: BAT) (“Battery Minerals” or the “Company”) is pleased to provide a Mineral Resource update, and announce the maiden Ore Reserve, for its Montepuez Graphite Project in Mozambique Commenting on the Mineral Resource update and the maiden Ore Reserve, Battery Minerals Managing Director, Cherie Leeden, said, “We are delighted with the high conversion of Graphite Carbon from Indicated Mineral Resource to Ore Reserve at 81% contained graphite, low LOM strip ratio 0.6 (w:o) and the 30+ year project life. "The resource grade remains robust after various resource and reserve modifying factors were applied proving a stable graphite mine.” The Buffalo and Elephant Resource and Ore Reserve classifications and estimations are compliant with the guidelines of the 2012 Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves by the Joint Ore Reserves Committee (JORC). The Montepuez Graphite Project comprises three graphite deposits Elephant, Buffalo and Lion, this report includes updates to the Mineral Resource Estimates for Elephant and Buffalo deposits as well as an Ore Reserve for Elephant and Buffalo as part of the Montepuez Graphite Project Definitive Feasibility Study (DFS). This is the second Resource announcement for the Elephant and Buffalo deposits and is the maiden Ore Reserve announcement. Battery Minerals (formerly Metals of Africa Ltd) published its maiden Resource Classification and Estimation for Elephant, Buffalo and Lion deposits 16th November 2015. Locations of the deposits with the DFS pit outlines, waste dump and other mine infrastructure is shown in figure 3. | |
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