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Bushveld Minerals Ltd.

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Summary

Project:

Vametco Mine

Deposit:Vametco Mine
Location:South Africa
Commodities:Vanadium-Magnetite
Date:5/22/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:22-5-2019: Bushveld Minerals Ltd. announces a Resource Estimation report for its Vametco Mine deposit at the Vametco Mine project. Updated mineral resource and ore reserve estimate at the project. Bushveld Minerals Limited (AIM: BMN), the AIM listed, inte
Resources:(Reserve, Prob.): 48.4Mt @ 0.62% V2O5
CP/QP:[Resources]: Not stated (MSA Group Pty Ltd.)
ABSTRACT:Bushveld Minerals Limited (AIM: BMN), the AIM listed, integrated primary vanadium producer, with ownership of high grade vanadium assets, is pleased to provide an updated Mineral Resource and Ore Reserve for the Vametco vanadium mine near Brits on the Western Limb of the Bushveld Complex. The updated Mineral Resource and Ore Reserve incorporates data from the 2018 drilling campaign comprising 13 drillholes over a total of 1,506 m of diamond drilling, and has been compiled in accordance with JORC (2012).

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