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IronRidge Resources Ltd.
Summary
| Project: | Ewoyaa | |
|---|---|---|
| Deposit: | Ewoyaa, Abonko and Kaampakrom | |
| Location: | Ghana | |
| Commodities: | Lithium | |
| Date: | 1/28/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-1-2020: IronRidge Resources Ltd. announces a Resource Estimation report for its Ewoyaa, Abonko and Kaampakrom deposit at the Ewoyaa project. Initial mineral resource estimate for project. IronRidge Resources Limited (AIM: IRR, ‘IronRidge’ or the ‘Compa | |
| Resources: | (Resource, I+I): 14.5Mt @ 1.31% Li2O | |
| CP/QP: | [Resources]: Shaun Searle (Ashmore Advisory Pty Ltd.) | |
| ABSTRACT: | IronRidge Resources Limited (AIM: IRR, ‘IronRidge’ or the ‘Company’), the African focussed minerals exploration company, is pleased to report a maiden Mineral Resource estimate (“MRE”) of 14.5Mt at 1.31% Li2O for the Ewoyaa, Abonko and Kaampakrom deposits (combined the “Ewoyaa Project”) within the Cape Coast Lithium Portfolio in Ghana, West Africa. The Mineral Resource is reported in accordance with the JORC Code (2012). A maiden Mineral Resource estimate (‘MRE’) of 14.5Mt at 1.31% Li2O was completed for the Ewoyaa, Abonko and Kaampakrom deposits; collectively termed the Ewoyaa Project. The Mineral Resource is reported in accordance with the JORC Code (2012). The MRE includes a total of 10Mt at 1.27% Li2O in the Inferred category and 4.5Mt at 1.39% Li2O in the Indicated category (refer Table 1). The independent MRE for Ewoyaa was completed by Ashmore Advisory Pty Ltd of Perth, Western Australia with results tabulated in the Statement of Mineral Resources in Table 1. The Statement of Mineral Resources is reported in line with requirements of the JORC Code (2012) and is therefore suitable for public reporting. High‐level Whittle optimisation was completed by Mining Focus Consultants Pty Ltd of Perth, Western Australia and demonstrates reasonable prospects for eventual economic extraction. | |
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