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Clean Teq Holdings Ltd.
Summary
| Project: | Syerston | |
|---|---|---|
| Deposit: | Syerston | |
| Location: | Australia | |
| Commodities: | Nickel-Cobalt | |
| Date: | 12/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Optimisation Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 15-12-2017: Clean Teq Holdings Ltd. announces a Optimisation Study report for its Syerston deposit at the Syerston project. Optimisation study analysing the mining and processing of ore. SRK Consulting (Australasia) Pty Ltd (SRK) has prepared this Technic | |
| Resources: | (Resource, Total): 101Mt @ 0.59% Ni, 0.13% Co at Syerston | |
| CP/QP: | [Overall Report]: Peter Fairfield (SRK Consulting (Australasia) Pty Ltd.) | |
| ABSTRACT: | SRK Consulting (Australasia) Pty Ltd (SRK) has prepared this Technical Report for Clean TeQ Holdings Ltd (Clean TeQ or the Company), who, through its wholly owned subsidiary, Scandium21 Pty Ltd (Scandium21), owns the Syerston Project (Project) in central New South Wales, Australia. This Technical Report provides an analysis of mining and processing of ore through a high pressure acid leach (HPAL)/ resin-in-pulp (RIP) process, to determine the economics of producing hydrated nickel sulphate (NiSO4.6H2O) and hydrated cobalt sulphate (CoSO4.7H2O). The Technical Report is based on a 2016 pre-feasibility study (PFS) entitled Syerston Mine PreFeasibility Study, Nickel & Cobalt and dated October 2016 (2016 PFS), which was prepared for Clean TeQ. SRK has reviewed and validated the basis of and results contained in the 2016 PFS report and supporting information and has made changes where appropriate. Following completion of the 2016 PFS report, Clean TeQ released Mineral Resource and Ore Reserve estimates to the Australian Securities Exchange (ASX) under the guidelines of the JORC Code (2012 edition). An updated Mineral Resource Estimate (2017 Resource) was produced by independent consultants Widenbar & Associates Pty Ltd (Widenbar), and Development & Mining Services (Kitto) in October 2017. This Mineral Resources was released to the Australian Securities Exchange (ASX) under the guidelines of the JORC Code (2012 edition) and is reported in this report | |
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