For thousands of other reports visit RSC's Mineral Intellingence Map
Hastings Technology Metals Ltd.
Summary
| Project: | Yangibana | |
|---|---|---|
| Deposit: | Yangibana | |
| Location: | Australia | |
| Commodities: | Rare Earth | |
| Date: | 1/29/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine Development | |
| Report details: | 29-1-2019: Hastings Technology Metals Ltd. announces a Resource Estimation report for its Yangibana deposit at the Yangibana project. Updated ore reserve estimate at the project. The Directors of Hastings Technology Metals Limited (ASX:HAS) are pleased to | |
| Resources: | (Reserve, Prob): 10.35Mt @ 1.22% TREO | |
| CP/QP: | [Overall Report]: Frank Blanchfield (Snowden Mining Industry Consultants Pty Ltd.) | |
| ABSTRACT: | The Directors of Hastings Technology Metals Limited (ASX:HAS) are pleased to announce a further increase in the Probable Ore Reserves at the Yangibana Project in the Gascoyne region of Western Australia. Total Probable Ore Reserves have increased to 10.35 million tonnes at 1.22%TREO including 0.43%Nd2O3+Pr6O11, a 34% increase on the figures established in July 2018, as reported in the ASX release entitled “50% Increase In Ore Reserves At Yangibana Project to 7.74 Million Tonnes” dated 31st July 2018. Probable Ore Reserves Based on Pre-Feasibility level studies (PFS) information and recent geological, geotechnical, metallurgical and environmental work, independent consultants Snowden Mining Industry Consultants (Snowden) has completed an updated mining reserve estimate based on Measured and Indicated Mineral Resources at each of Bald Hill, Fraser’s, Auer, Auer North, Yangibana, Yangibana West and Yangibana North deposits. This mining reserve estimate used Whittle pit optimisation software to maximise ore recovery using conventional drill and blast, load and haul mining methods. Modifying Factors used to estimate the new Ore Reserves are provided in the Table 1 Section 4 of the JORC Code (2012) at the end of this announcement. | |
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