For thousands of other reports visit RSC's Mineral Intellingence Map
Cobalt27 Capital Corp.
Summary
| Project: | Ramu | |
|---|---|---|
| Deposit: | Ramu | |
| Location: | Papua New Guinea | |
| Commodities: | Nickel-Cobalt | |
| Date: | 7/24/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Active Mining & Production | |
| Report details: | 24-7-2019: Cobalt27 Capital Corp. announces a Supporting Acquisition report for its Ramu deposit at the Ramu project. Summary of property in support of acquisition. The Ramu Nickel Cobalt Project (“the project”, as defined below) is located in Madang Prov | |
| Resources: | (Reserve, P+P): 56Mt @ 0.9% Ni, 0.1% Co at Ramu | |
| CP/QP: | [Resources]: Qingping Deng (Behre Dolbear & Company (USA) Inc.) | |
| ABSTRACT: | The Ramu Nickel Cobalt Project (“the project”, as defined below) is located in Madang Province on the north coast of Papua New Guinea (“PNG”) (Figure 1). The project comprises the Kurumbukari (“KBK”) mine and beneficiation plant, located on the Kurumbukari plateau, in the foothills of the Bismarck Ranges, 600-800 metres (“m”) above sea level and 75 kilometres (“km”) to the southwest of the provincial capital of Madang, and the Basamuk processing plant located on the coast, approximately 55km southeast of Madang. The KBK mine is at latitude 5° 34´ S and longitude 145° 13´ E and the Basamuk refinery is at latitude 5° 32´ S and longitude 145° 8´ E. Beneficiated ore is pumped from the mine as a slurry to the plant via a 135km pipeline. The Basamuk plant produces a mixed nickel-cobalt hydroxide product (“MHP”). Cobalt 27 Capital Corp. (“Cobalt 27 or the “Company”) has commissioned Behre Dolbear Australia Pty Limited (“BDA”) to undertake the preparation of this independent technical report in connection with the recent acquisition of an interest in the Ramu Nickel Cobalt Project in Papua New Guinea (“the Ramu NiCo Project” or “the project”) in compliance with the Canadian Securities Administrators’ National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”). BDA is the Australian subsidiary of Behre Dolbear and Company Inc., which has offices or agencies in Beijing, Chicago, Denver, Guadalajara, Hong Kong, London, New York, Toronto, Vancouver, Santiago and Sydney. | |
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