For thousands of other reports visit RSC's Mineral Intellingence Map
Jangada Mines Plc
Summary
| Project: | Pedra Branca | |
|---|---|---|
| Deposit: | Pedra Branca | |
| Location: | Brazil | |
| Commodities: | Platinum-Gold-Copper-Nickel-Palladium-Cobalt-Chromium | |
| Date: | 1/28/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 28-1-2019: Jangada Mines Plc announces a Resource Estimation report for its Pedra Branca deposit at the Pedra Branca project. 117% increase in JORC Resource at Pedra Branca Project. Jangada Mines plc, a natural resources company developing South America's | |
| Resources: | (Resource, I+I): 74.84Mt @ 1.31 PdEq. | |
| CP/QP: | [Resources]: Uwe Engelmann (Minxcon Pty Ltd.) | |
| ABSTRACT: | Jangada Mines plc, a natural resources company developing South America's largest and most advanced platinum group metals ('PGM') and nickel project, is pleased to announce a significant JORC (2012) compliant resource upgrade resulting in substantial increases in the size and categorisation of the resource at its Pedra Branca PGM project ('Pedra Branca' or 'the Project') in north-eastern Brazil. Brian McMaster, Executive Chairman of Jangada said, "Clearly today's announcement is a significant step forward for Jangada. We have been working with a highly skilled team on the BFS work, which has identified significant increases in grade and classification that will help form extremely exciting inputs to the BFS model. Investors can now see that labelling this a 'PGM project' doesn't do it justice; it is clearly much more than that. The key economic drivers of the Project are palladium and nickel, two of the most in favour minerals of today and for the foreseeable future. Additionally, the increase in resource size will potentially drive a longer mine life and higher annual tonnage, all of which are positive developments. The work being done to finalise the BFS and prepare the Project for development is exceptional and the results are coming through better than expected." | |
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