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Transaction Announcement Reports
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Project: | Tantalus Rare Earth Project | |
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Deposit: | Tantalus Rare Earth Project | |
Location: | Madagascar | |
Commodities: | Rare Earth | |
Date: | 9/22/2017 | |
Report Code: | (no Code) | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 22-9-2017: ISR Capital Ltd. announces a Supporting Acquisition report for its Tantalus Rare Earth Project deposit at the Tantalus Rare Earth Project project. Third Independent Valuation Report. ISR Capital Limited (“ISR”) has requested that Behre Dolbear | |
Resources: | (Resource, Total): 627.7Mt @ 895ppm TREO for 562000t TREO contained | |
CP/QP: | [Overall Report]: Malcom Hancock, Philip Hellman (Behre Dolbear Australia Pty Ltd.) | |
ABSTRACT: | ISR Capital Limited (“ISR”) has requested that Behre Dolbear Australia Pty Limited (“BDA”) undertake an independent technical valuation assessment of the Tantalus Rare Earths Ionic Clay Project (“Tantalus project” or “the project”) in northern Madagascar (Figure 1), and prepare an independent valuation report for submission to the Singapore Exchange (“SGX”). BDA is based in Sydney, Australia (Level 9, 80 Mount Street, North Sydney). BDA has conducted its review and valuation in accordance with Australian and international mining industry standards and the requirements of the VALMIN Code (Australasian Code for Public Reporting of Technical Assessments and Valuations of Mineral Assets - 2015) and in compliance with the Code and Guidelines for Reporting Exploration Results, Mineral Resources and Ore Reserves - Joint Ore Reserve Committee of the Australasian Institute of Mining and Metallurgy (“AusIMM”), Australian Institute of Geoscientists (“AIG”) and Minerals Council of Australia (“MCA”) - December 2012 (“the JORC Code”). This report has been prepared in accordance with the Listing and Disclosure requirements of the Singapore Exchange for Main Board Listed Companies in relation to disclosures by Mineral, Oil and Gas Companies. BDA confirms that it is appropriately qualified in terms of both the requirements of the VALMIN Code and as a Qualified Person under SGX requirements. The technical review, site inspection and valuation work have been conducted by Mr Malcolm Hancock, Executive Director of Behre Dolbear Australia, and Dr Philip Hellman, BDA Senior Associate. | |
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