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Consolidated Tin Mines Ltd.
Summary
| Project: | Einasleigh | |
|---|---|---|
| Deposit: | Kaiser Bill | |
| Location: | Australia | |
| Commodities: | Copper-Silver | |
| Date: | 9/10/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-9-2019: Consolidated Tin Mines Ltd. announces a Resource Estimation report for its Kaiser Bill deposit at the Einasleigh project. Updated mineral resource estimate for Kaiser Bill. Mineral Resources for the Kaiser Bill deposit have been classified by M | |
| Resources: | (Resource, I+I): 16.91Mt @ 0.83% Cu, 6.56g/t Ag at Kaiser Bill | |
| CP/QP: | [Resources]: Ian Taylor (Mining Associates Pty Ltd.) | |
| ABSTRACT: | Mineral Resources for the Kaiser Bill deposit have been classified by Mining Associates as Indicated and Inferred confidence categories as defined by JORC. The resource is being reported at a 0.5% Copper cut off above the 150 metre RL reflecting the open pit potential. The 9% reduction in metal tonnes from the previous resource statement (ASX announcement - 26th July 2018) is due to the extra drilling around the edges of the deposit delineating a more detailed boundary to the mineralisation. Similarly, drilling in the body of the deposit has created greater confidence in the definition of the mineralised lenses. The Kaiser Bill prospect is located about 8 km west of Einasleigh, and approximately 250 km south west of Cairns and 55 km south east of Georgetown, north Queensland. The prospect is part of Consolidated Tin Mines Einasleigh Project and drilling was carried out on MLA30211 within Exploration Permit for Minerals (EPM) 13072. Kaiser Bill is an undeveloped copper- silver deposit in the Einasleigh area which also contains the Einasleigh Cu deposit and Chloe-Jackson Pb-Zn-Cu-Ag deposits. The Kaiser Bill prospect was probably discovered during construction of the railway from Cairns to Forsayth. The tenement area has historically received periodic exploration. Some drilling was done by MIM in the 1950s, but little else was done until Teck-Cominco in 2003. Between 2005 and 2010 Copper Strike Limited (CSE) undertook resource definition drilling and resource estimates of the Kaiser Bill deposit. | |
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