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CNMC Goldmine Holdings Ltd.
Summary
| Project: | Sokor | |
|---|---|---|
| Deposit: | Sokor | |
| Location: | Malaysia | |
| Commodities: | Gold | |
| Date: | 3/22/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 22-3-2018: CNMC Goldmine Holdings Ltd. announces a Resource Estimation report for its Sokor deposit at the Sokor project. Updated mineral resources and ore reserves for project. The Sokor Project (the Project) in Kelantan State, northern Peninsular Malays | |
| Resources: | (Reserve, P+P): 3.841Mt @ 1.64g/t Au for 202Koz Au contained at project | |
| CP/QP: | [Resources]: Christine Standing (Optiro Pty Ltd.) | |
| ABSTRACT: | The Sokor Project (the Project) in Kelantan State, northern Peninsular Malaysia, is currently 81% owned by CNMC Goldmine Holdings Limited (CNMC), through its subsidiary CMNM Mining Group Sdn. Bhd. (CMNM). CMNM holds the rights to mine and produce gold, silver and base metals from an area of approximately 10 km2 in the Ulu Sokor area in Kelantan. CNMC has defined four gold deposits in the southern part of the project area (Manson’s Lode, New Discovery, New Found and Ketubong), and a fifth gold deposit (Rixen) approximately 3 km to the north of Ketubong. Additional base metal and silver mineralisation is also present at Manson’s Lode and at Sg Among, to the east of Rixen. At CNMC’s request, Optiro Pty Ltd (Optiro) has updated the Mineral Resource estimate for the Sokor Project and has incorporated data from 33 diamond holes drilled by CNMC during 2017, since CNMC’s 31 December 2016 Mineral Resource and Ore Reserve Statement. Mineral Resources have been updated for Rixen, Manson’s Lode, Ketubong and the combined mineralisation at New Discovery and New Found. Ore Reserve estimates have been updated for Rixen, New Discovery and Manson’s Lode. CNMC has mined ore from Rixen, Ketubong and New Discovery during 2017. The Mineral Resources at Rixen, Ketubong and New Discovery have been depleted for mining to 31 December 2017. | |
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