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Consolidated Tin Mines Ltd.
Summary
| Project: | Einasleigh | |
|---|---|---|
| Deposit: | Kaiser Bill | |
| Location: | Australia | |
| Commodities: | Copper-Silver | |
| Date: | 10/17/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-10-2017: Consolidated Tin Mines Ltd. announces a Resource Estimation report for its Kaiser Bill deposit at the Einasleigh project. Mineral resource update to JORC (2012) compliance. Consolidated Tin Mines Ltd (ACN 126 634 606) (ASX Code: CSD) (Company) | |
| Resources: | (Resource, I+I): 15.5Mt @ 0.93% Cu, 7g/t Ag for 144Kt Cu, 3.4Moz Ag contained at Kaiser Bill | |
| 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 Kaiser Bill Deposit at their Einasleigh Project. The Kaiser Bill 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 Kaiser Bill Deposit which was 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 15.5Mt @ 0.93% Cu for 144Kt of Copper. Resources are quoted above a 0.5% Cu cut-off and above the 150mRL to limit the inventory reported to align with the future prospects of economic open pit extraction. 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 2010 and 2015 which had not previously been incorporated into a resource estimate. Resource details of the deposit and its classification are outlined in Table 1. | |
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