For thousands of other reports visit RSC's Mineral Intellingence Map
Celamin Holdings Ltd.
Summary
| Project: | Djebba | |
|---|---|---|
| Deposit: | Djebba | |
| Location: | Tunisia | |
| Commodities: | Zinc-Lead | |
| Date: | 10/31/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 31-10-2018: Celamin Holdings Ltd. announces a Resource Estimation report for its Djebba deposit at the Djebba project. Historic resource estimate for Djebba project. In July 2018 Celamin was granted two exploration permits in Tunisia – Djebba and Zeflana. | |
| Resources: | (Resource, Historic): 2.7Mt @ 6.1% Zn, 3.3% Pb | |
| CP/QP: | [Resources]: Neal Reynolds (CSA Global Pty Ltd.) | |
| ABSTRACT: | In July 2018 Celamin was granted two exploration permits in Tunisia – Djebba and Zeflana. Both are prospective for zinc and lead. Since the grant of the exploration permits, Celamin has acquired the report on the mining study completed in 1989 by Montreal-based consultancy, Le Groupe SIDAM-Minorex, for the Office National des Mines (ONM) in Tunisia, and engaged CSA Global to review this study to enable announcement of the historical resource estimate. The mining study, titled “Etude de faisabilité preliminaire de l'exploitation du gite plomb-zincifere de Djebba” (Pre-feasibility study on mining the Djebba Zinc-Lead deposit) documents historical resource estimates and mining studies for the deposit completed in the period 1986-89. The study was based on drilling completed by ONM at the historical Djebba mine site which was used to estimate and report the historical resource of 2.7 Mt at 6.1% Zn and 3.3% Pb. Celamin cautions that this resource estimate is a historical estimate and was not reported in accordance with the JORC Code. A Competent Person has not done sufficient work to classify the historical estimate as a Mineral Resource and/or Ore Reserve in accordance with the JORC Code and it is uncertain that following evaluation and/or further exploration work that the historical estimate will be able to be reported as a Mineral Resource or Ore Reserve in accordance with the JORC Code. ASX Listing Rule 5.12 specifies the additional information that must be provided in a market announcement that contains historical estimates. This information is contained in the Annexure to this Release together with further details on the historic mineral resource estimate. Reporting of the historical estimate is considered material as it provides an indication of the presence of potentially economic mineralisation on the property. Although it can only be considered a qualitative indication at this time, it provides an indication of the prospectivity of the area and supports investment in further exploration. | |
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