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Bushveld Minerals Ltd.

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Summary

Project:

Mokopane

Deposit:Mokopane
Location:South Africa
Commodities:Tin
Date:10/27/2017
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:27-10-2017: Bushveld Minerals Ltd. announces a Resource Estimation report for its Mokopane deposit at the Mokopane project. Updated CPR and Mineral Resources at the Mokopane Tin Project. Bushveld Minerals Limited (AIM: BMN), a mineral development company
Resources:(Resource, Total): 3.993Mt @ 0.150% Sn and 6.233Mt @ 0.124% Sn at project total
CP/QP:[Resources]: Jeremy Witley, Dexter Ferreira (MSA Group Pty Ltd.;Independent Resource Estimations)
ABSTRACT:Bushveld Minerals Limited (AIM: BMN), a mineral development company with a portfolio of vanadium and titanium-bearing iron ore, tin and coal assets in Southern Africa, is pleased to announce the release of an updated Competent Persons Report ("CPR") for the Mokopane Tin Project. The CPR is an update of previously issued reports and includes a revised cut-off grade for the Zaaiplaats Deposit. In anticipation of the demerger of Bushveld's tin assets to form AfriTin Mining Limited, a newly formed company established for the purpose of listing on AIM shortly, the Company is required to update the CPR for the Mokopane Tin Project. The updated CPR was prepared by The MSA Group and includes a Mineral Resource Estimate ("MRE") for the Groenfontein Deposit (prepared by Mr Dexter Ferreira of Independent Resource Estimations) and an MRE for the Zaaiplaats Deposit (prepared by Mr Alan Page and Dr Hennie Theart of SRK Consulting and reviewed by Mr Jeremy Witley of the MSA Group).

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