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GCCP Resources Ltd.
Summary
| Project: | Litmus | |
|---|---|---|
| Deposit: | HAM Mine 2 | |
| Location: | Malaysia | |
| Commodities: | Limestone | |
| Date: | 8/19/2016 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 19-8-2016: GCCP Resources Ltd. announces a Resource Estimation report for its HAM Mine 2 deposit at the Litmus project. Mineral resource estimate for recently acquired HAM Mine 2 at the Litmus project. Greater China Mineral and Energy Consultants Limited | |
| Resources: | (Resource, M+I): 37Mt @ 86% CaCO3 for 31Mt CaCO3 contained at HAM Mine 2 | |
| CP/QP: | [Resources]: Sergio Matteoli (China Mineral & Energy Consultants Ltd.) | |
| ABSTRACT: | Greater China Mineral and Energy Consultants Limited (“GCME”) is engaged by GCCP Resources Limited (“GCCP” or the “Company”) to perform an independent review of the Litmus Limestone Project (the “Project”) located in Ipoh, Perak, Malaysia. The Project consists of three limestone quarries / mines and their associated calcium carbonate industrial mineral assets. The Gridland quarry (“GLD Mine”, with an area of 0.1012km2 ) is owned by GCCP Gridland Sdn Bhd (“GLD”), the Hyper Act Marketing quarry (“HAM Mine 1”, with an area of 0.2428km2 ) and Hyper Acting quarry 2 (“HAM Mine 2”, formerly known as Sri Sarana quarry, with an area of 0.0809km2 ) are owned by Hyper Act Marketing Sdn Bhd (“HAM”). Both GLD and HAM are wholly owned subsidiaries of the Company. GCME had issued an Independent Qualified Person’s Report prepared by GCA in October 2014 (“2014 IQPR”) which was part of GCCP Resources Limited (“GCCP”)’s prospectus for its listing on the Singapore Exchange (“SGX”) on 30 April 2015. In April 2016, GCME further issued an updated Independent Qualified Person’s Report (“Updated IQPR”) on operations and reported the resource and reserves of GLD Mine and HAM Mine 1 in accordance with the 2012 Edition of The Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (The “JORC Code”). | |
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