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Consolidated Tin Mines Ltd.
Summary
| Project: | Einasleigh | |
|---|---|---|
| Deposit: | Cloe, Jackson | |
| Location: | Australia | |
| Commodities: | Copper-Zinc-Lead-Gold-Silver | |
| Date: | 9/19/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-9-2017: Consolidated Tin Mines Ltd. announces a Resource Estimation report for its Cloe, Jackson deposit at the Einasleigh project. Mineral resource update for Cloe and Jackson. Consolidated Tin Mines Ltd (ACN 126 634 606) (ASX Code: CSD) (Company) is | |
| Resources: | (Resource, I+I): 3Mt @ 5.3% Zn for 158kt Zn at Cloe and Jackson | |
| CP/QP: | [Resources]: Jason McNamara (Internal) | |
| ABSTRACT: | Consolidated Tin Mines Ltd (ACN 126 634 606) (ASX Code: CSD) (Company) is pleased to announce an updated 2012 JORC Resource for its Chloe and Jackson Deposits at their Einasleigh Project. The Chloe-Jackson Prospect is situated within the Einasleigh Project on Exploration Permit for Minerals (EPM) 13072 held by Consolidated Tin Mines Limited (CSD) (Figure 1). The tenement area has historically received periodic exploration with a number of prospective targets yet to be adequately tested with bedrock drilling. Copper Strike Limited (CSE) previously undertook resource definition drilling and resource estimates of the Chloe and Jackson Deposits which were included in the Einasleigh Feasibility Study completed in 2008. As part of its focused exploration strategy CSD is growing Resources at Einasleigh and progressing the discovery of new standalone projects. The 2017 Resource declaration totals 3 Mt at 5.3% Zn for 158Kt of Zinc. Resources are quoted above a 3% Zn cut-off and above the 450mRL (approximately 120 – 150 m below surface) as well as above a 5% Zn cutoff below the 450mRL to limit the inventory reported to align with the future prospects of economic open pit and underground extraction respectively. The resource represents a JORC 2012 Code compliant update from the previously reported Resources which were reported under JORC 2004. The update includes additional drilling undertaken in 2015 which had not previously been incorporated into a resource estimate. Resource details of each deposit and their classification are outlined in Table 1. | |
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