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Hastings Technology Metals Ltd.
Summary
| Project: | Yangibana | |
|---|---|---|
| Deposit: | Bald Hill | |
| Location: | Australia | |
| Commodities: | Rare Earth | |
| Date: | 7/31/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine Development | |
| Report details: | 31-7-2018: Hastings Technology Metals Ltd. announces a Resource Estimation report for its Bald Hill deposit at the Yangibana project. Updated Ore reserve estimate at Yangibana project. Hastings Technology Metals Limited (ASX:HAS) is pleased to announce a | |
| Resources: | (Reserve, Prob.): 7.742Mt @ 1.13% TREO at project | |
| CP/QP: | [Resources]: Lynn Widenbar (Widenbar and Associates Pty Ltd.) | |
| ABSTRACT: | Hastings Technology Metals Limited (ASX:HAS) is pleased to announce a significant increase in the Probable Ore Reserves at the Yangibana Project in the Gascoyne region of Western Australia. Total Probable Ore Reserves have increased to 7.74 million tonnes at 1.13%TREO including 0.43%Nd2O3+Pr6O11, a 50% increase on the figures established in November 2017 as part of the Company’s Definitive Feasibility Study (DFS) and as reported in the ASX release entitled “Successful Completion of Yangibana Definitive Feasibility Study” dated 28th November 2017. Probable Ore Reserves Based on Pre-Feasibility studies (PFS) for recent geological, geotechnical, metallurgical and environmental work, independent consultants Snowden Mining Industry Consultants (Snowden) has completed PFS mining studies based on Measured and Indicated Mineral Resources at the Yangibana West, Yangibana, Auer and Auer North deposits. The mining focus is high ore recovery, and conventional drill and blasting methods will be employed. | |
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