For thousands of other reports visit RSC's Mineral Intellingence Map
Levon Resources Ltd.
Summary
| Project: | Cordero | |
|---|---|---|
| Deposit: | Cordero | |
| Location: | Mexico | |
| Commodities: | Silver-Gold-Zinc-Lead | |
| Date: | 3/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 5-3-2018: Levon Resources Ltd. announces a PEA report for its Cordero deposit at the Cordero project. PEA results incl. post tax cash flow of $55.2M and a 29yr LOM. Levon Resources Ltd. (TSX:LVN) (“Levon” or “the Company”) is pleased to announce the 2018 | |
| Resources: | (Resource): 990Kt @ 31.92g/t AgEq (Ind.), 282Kt @ 56.4g/t AgEq (Inf.) | |
| CP/QP: | [Resources]: Not Stated (Independent Mining Consultants Inc.) | |
| ABSTRACT: | Levon Resources Ltd. (TSX:LVN) (“Levon” or “the Company”) is pleased to announce the 2018 updated NI 43-101 mineral resource estimate and a 2018 Preliminary Economic Assessment (“PEA”) for the Cordero silver, zinc, lead, and gold porphyry project, located 35 kilometers northeast of Hidalgo Del Parral, Chihuahua State, Mexico. Levon expects to continue its evaluation of the Cordero flagship project with the intent of advancing it to the prefeasibility or feasibility stage, and to seek a strategic partner. The timeline and estimated capital required to advance the project to the next stage are under review. The 2018 resource update includes the 2014 Cordero NI 43-101 resource (news release of October 20, 2014) and the results of 2017 infill resource drilling (news release of September 26, 2017). The 2018 Cordero PEA supersedes the 2013 PEA update, which was written before Levon consolidated the current 100% ownership of all claims in the district to complete 2014 drilling and a 2014 resource update (news release of October 20, 2014). The 2018 PEA includes the 2018 resource and re-evaluates the Cordero Project in the context of a long-term silver, zinc, lead, gold project designed to world standards. | |
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