For thousands of other reports visit RSC's Mineral Intellingence Map
CuDeco Ltd.
Summary
| Project: | Rocklands | |
|---|---|---|
| Deposit: | Rocklands | |
| Location: | Australia | |
| Commodities: | Copper-Cobalt-Gold | |
| Date: | 10/31/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 31-10-2017: CuDeco Ltd. announces a Resource Estimation report for its Rocklands deposit at the Rocklands project. Updated mineral resource estimate for Rocklands project. Queensland copper producer CuDeco Limited (ASX:CDU) announced today that the Annual | |
| Resources: | (Resource, Total): 55.4Mt @ 0.64% Cu, 290ppm Co, 0.15ppm Au | |
| CP/QP: | [Resources]: Andrew J Vigar (Mining Associates Pty Ltd.) | |
| ABSTRACT: | Queensland copper producer CuDeco Limited (ASX:CDU) announced today that the Annual Rocklands Resource Update for 2017 confirms that options exist for extending the mine life past the current Ore Reserve period. There has been no additional drilling activity at Rocklands since November 2013 however the Rocklands drill database includes over 400,000 metres of relatively close-spaced drilling that facilitates high-definition modelling of possible future resources beyond the current mining plans. Importantly, mining to date is showing good correlation between the resource and grade-control estimates, providing additional confidence in the reliability of the Rocklands resource estimation. For reconciliation purposes, trucked ore records out of the pit are used for comparisons, and the resource is reported at 0.15% Cu to align with current mining. Resource performance is provided in Table 1 (below). The resource model is predicting marginally high on in-situ tonnes than estimated from grade control (2% more ore). The resource model is underestimating in-situ copper grades compared to grade control estimates (4% lower grades). Both results are considered to be within error (+/- 5%). | |
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