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Consolidated Zinc Ltd.
Summary
| Project: | Plomosas | |
|---|---|---|
| Deposit: | Plomosas | |
| Location: | Mexico | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 12/15/2016 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-12-2016: Consolidated Zinc Ltd. announces a Resource Estimation report for its Plomosas deposit at the Plomosas project. Initial mineral resource estimate for Plomosas. CONSOLIDATED Zinc Limited (ASX:CZL; “Consolidated Zinc” or “the Company”) is please | |
| Resources: | (Resource, I+I): 568000t @ 12.6% Zn, 4.3%Pb, 28.4g/t Ag at Plomosas | |
| CP/QP: | [Resources]: Robert Dennis (RungePincockMinarco Ltd.) | |
| ABSTRACT: | CONSOLIDATED Zinc Limited (ASX:CZL; “Consolidated Zinc” or “the Company”) is pleased to announce its maiden Mineral Resource reported in compliance with the JORC code for its Plomosas zinc-lead-silver project in northern Mexico. The resource estimate, independently completed by Runge Pincock Minarco Limited (RPM), is reported in accordance with the JORC (2012) reporting guidelines, contains 568,000 tonnes @ 16.9% Zn+Pb and 28.4g/t Ag for 96,000t of contained Zn+Pb metal in both Indicated and Inferred categories. The Mineral Resource comes from the extensions both down dip and down plunge from existing mine development at Level 7 and the 2015 discovery of mineralisation at Tres Amigos. Table A breaks down the resource by area and category. Managing Director Will Dix said the initial resource estimate is in accordance with historical mining performance and the Company is delighted with this first stage result that is based on drill targets within the existing mine at Plomosas. | |
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