For thousands of other reports visit RSC's Mineral Intellingence Map

Celsius Resources Ltd.

opaxe

Summary

Project:

Opuwo

Deposit:Opuwo
Location:Namibia
Commodities:Cobalt-Copper-Zinc
Date:8/10/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:10-8-2018: Celsius Resources Ltd. announces an Exploration/Drilling Update report for its Opuwo deposit at the Opuwo project. Drilling results incl. 9.03m @ 0.12% Co, 0.71% Cu, 0.60% Zn from 118.00m. Celsius Resources Limited (“Celsius” or “the Company”)
Resources:(Resource, I+I): 112.4Mt @ 0.11% Co, 0.41% Cu, 0.43% Zn
CP/QP:[Overall Report]: Brendan Borg (Internal)
ABSTRACT:Celsius Resources Limited (“Celsius” or “the Company”) is pleased to provide an update on ongoing exploration activities at its 95% owned Opuwo Cobalt Project (“Project”) in Namibia. Resource Expansion Drilling Program - DOF The latest results from the ongoing resource expansion drilling program continue to illustrate the consistent nature of the mineralisation at Opuwo, and that the existing JORC-compliant Mineral Resource has excellent potential for significant expansion. A trend towards a thicker mineralised zone and higher copper grades is apparent in the latest results, which include intercepts from holes located up to 750 metres away from the DOF outcrop (DOFD0204 - Figure 1), and outside the existing Mineral Resource. Drilling is continuing, with an updated Mineral Resource planned to be reported in Q4, 2018. Figure 2 illustrates a regional interpretation of the DOF and DOF North Prospects at the Project, which demonstrates the potential scale of the Project.

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