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King River Copper Ltd.
Summary
| Project: | Speewah | |
|---|---|---|
| Deposit: | Windsor | |
| Location: | Australia | |
| Commodities: | Fluorspar | |
| Date: | 2/23/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-2-2018: King River Copper Ltd. announces a Resource Estimation report for its Windsor deposit at the Speewah project. Updated mineral resource estimate for project. King River Copper Limited (ASX: KRC) is pleased to advise that mining industry consulta | |
| Resources: | (Resource, I+I): 27.2Mt @ 9.5% CaF2 at Windsor | |
| CP/QP: | [Resources]: Aaron Green (CSA Global Pty Ltd.) | |
| ABSTRACT: | King River Copper Limited (ASX: KRC) is pleased to advise that mining industry consultants CSA Global Pty Ltd (CSA Global) has completed an updated resource estimate reporting in accordance with the JORC Code (2012)1 for its 100% owned Windsor Fluorite deposit within the Speewah Project in the East Kimberley of Western Australia (Figure 1). The Mineral Resource estimate was previously reported in accordance with the JORC Code (2004 Edition) in 2009 (refer KRC ASX announcement dated 25 August 2009). A summary report prepared by CSA Global also forms part of this ASX release (refer Appendix), including JORC Table 1. The updated combined Indicated and Inferred Mineral Resource, reported at a 2% CaF2 cut-off grade from the A, B, C and E fluorite veins at Windsor (Figure 1) totals 27.2 million tonnes at 9.5% CaF2. Within this Mineral Resource there is a high grade Indicated and Inferred Mineral Resource of 6.7 million tonnes at 24.6% CaF2 at a 10% CaF2 cut-off grade. The Windsor fluorite Mineral Resource estimate is based on analysis of data collected from several reverse circulation (RC) and diamond drilling campaigns and geological mapping carried out from 1989 to 2007. Drilling has delineated four hydrothermal fluorite veins along faults within the King River Fault Zone on the south east margin of the Speewah Dome, located on granted Mining Leases M80/268 and 269 (Figure 1). The deposit comprises four fluorite-quartz veins (named A, B, C and E) that occur within sandstone and siltstone units of the Speewah Group and granophyre and gabbro units in the Hart Dolerite layered sill complex. | |
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