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Energia Minerals Ltd.
Summary
| Project: | Gorno | |
|---|---|---|
| Deposit: | Colonna Zorzone | |
| Location: | Italy | |
| Commodities: | Zinc-Lead-Silver | |
| Date: | 12/21/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 21-12-2016: Energia Minerals Ltd. announces an Exploration/Drilling Update report for its Colonna Zorzone deposit at the Gorno project. Drilling results incl. 6.4m @ 8.6% Zn, 2.9% Pb, 32g/t Ag from 102.9m. Energia Minerals Ltd (ASX: EMX, “Energia” or Comp | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Kim Robinson (Internal) | |
| ABSTRACT: | Energia Minerals Ltd (ASX: EMX, “Energia” or Company) is pleased to advise that it has achieved further important milestones as part of the ongoing Definitive Feasibility Study (DFS) at its flagship 100%-owned Gorno Zinc Project in northern Italy, which remains on track for completion in March 2017. Importantly, the Company has received written confirmation from the Comune Di Gorno that the historical treatment plant site at Riso near Gorno, which logistically is Energia’s preferred site, is available for the construction of a treatment plant, subject to the negotiation of satisfactory terms and conditions. This is a very significant and positive development for the Gorno Zinc Project which highlights the continuing support by the local communities and the strong relationships that Energia has developed generally with the local and regional authorities over several years. Plant design work being carried out by GBM Minerals Engineering Consultants is now well advanced and will be finalised as soon as metallurgical testwork is completed. This testwork is continuing to focus on increasing both zinc and lead recoveries from the anticipated 15% of oxidised ore present within the Colonna Zorzone orebody, and the results of will be reported when finalised. In tandem with plant design, a preliminary mine design (see Figure 2 for general layout) has been completed by SRK Consulting and this will be refined as resource definition in the lower levels is finalised. | |
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