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Transaction Announcement Reports
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Project: | Sasa | |
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Deposit: | Svinja Reka, Golema Reka | |
Location: | Macedonia | |
Commodities: | Lead-Zinc | |
Date: | 1/9/2019 | |
Report Code: | (no Code) | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Active Mining & Production | |
Report details: | 9-1-2019: Central Asia Metals Plc announces an Exploration/Drilling Update report for its Svinja Reka, Golema Reka deposit at the Sasa project. Drilling results incl. 35m @ 8.21% Pb, 5.64% Zn from 89m. Central Asia Metals plc (AIM: CAML) today provides a | |
Resources: | ||
CP/QP: | [Overall Report]: Scott Yelland (Not stated) | |
ABSTRACT: | Central Asia Metals plc (AIM: CAML) today provides a Q4 and full year 2018 operations update for the Kounrad dump leach, solvent extraction and electro-winning ('SX-EW') copper recovery plant in Kazakhstan ('Kounrad') and the Sasa zinc-lead mine in Macedonia ('Sasa'). In Q2 2017, the Sasa team commenced construction of tailings storage facility 4 (TSF4). Construction of this facility is materially complete and is now expected to be concluded in H1 2019. TSF4 should provide tailings storage for seven years. During H2 2018, CAML commenced a 'Life of Mine' study at Sasa. This work programme will entail an in-depth review of each aspect of the Sasa operation and is expected to be completed throughout the course of 2019. As part of the Life of Mine study, CAML undertook diamond drilling at both Svinja Reka, the location of current mining operations, and Golema Reka, which was mined between 1981 and 2010. The aim of the programme was to identify additional resource potential and to convert a portion of the inferred resources at both deposit areas into the indicated category. | |
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