For thousands of other reports visit RSC's Mineral Intellingence Map
LeadFX Inc.
Summary
| Project: | Paroo Station Mine | |
|---|---|---|
| Deposit: | Paroo Station Mine | |
| Location: | Australia | |
| Commodities: | Lead | |
| Date: | 4/13/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Feasibility Study | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 13-4-2018: LeadFX Inc. announces a Feasibility Study report for its Paroo Station Mine deposit at the Paroo Station Mine project. DFS results incl. post-tax NPV of US $303M (8%), IRR of 31.3% at project. The purpose of this report is to provide a summary | |
| Resources: | (Reserve, P+P): 31.2Mt @ 3.8% Pb for 1199Kt Pb contained | |
| CP/QP: | [Resources]: Kahan Mit-hat Cervoj (Optiro Pty Ltd.) | |
| ABSTRACT: | The purpose of this report is to provide a summary of the technical and economic feasibility of constructing and operating a Hydrometallurgical Facility at the Paroo Station Lead Mine (“Paroo Station” or the “Mine”) in Wiluna, Western Australia that integrates the existing mine and processing facility with a new hydrometallurgical facility to produce lead metal in ingot form pursuant to NI 43-101 and other rules of the Canadian Securities Administrators. The Mine is 100% owned by Rosslyn Hill Mining Pty Ltd (“RHM”), a 100% owned subsidiary of LeadFX Inc. (“LeadFX”) listed on the Toronto Stock Exchange (“TSX”). This report on the Mine is an update to an earlier report dated March 10, 2015 that was compiled by SRK Consulting (Australasia) Pty Ltd (“SRK”) with the assistance and contribution of various appropriately qualified mining industry consultants that are specifically displayed in the relevant sections of the document. SRK has been engaged in the review, editing and finalisation of this update. On June 20, 2017 The Sentient Group (“Sentient”), LeadFX’s major shareholder, and InCoR Technologies Limited and InCoR Energy Materials Limited (together “InCoR”), an unrelated group, entered into an Umbrella Agreement that provided for the transfer of lead hydrometallurgical processing technologies to LeadFX. Under the terms of the Umbrella Agreement InCoR agreed to undertake and finance a Definitive Feasibility Study ("DFS") for the development of a Hydrometallurgical Facility at the Mine. Upon the successful completion of the DFS, LeadFX would have exclusive rights to use and sub-license InCoR's lead refining technologies worldwide. | |
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