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Lomiko Metals Inc.

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Summary

Project:

Yanamina

Deposit:Yanamina
Location:Peru
Commodities:Gold-Silver
Date:2/10/2020
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:10-2-2020: Lomiko Metals Inc. announces a Resource Estimation report for its Yanamina deposit at the Yanamina project. Initial JORC 2012 mineral resource estimate for project. Jadar Resources Limited (ASX:JDR) (“Jadar”, the “Company”) is pleased to announ
Resources:(Resource); 6.742Mt @ 1.23g/t Au, 4.31g/t Ag
CP/QP:[Resources]: Howard Dawson (Not stated)
ABSTRACT:Jadar Resources Limited (ASX:JDR) (“Jadar”, the “Company”) is pleased to announce the Maiden Mineral JORC Resource Estimate for the Yanamina Gold Project (“Yanamina”, or the “Project”), located in northcentral Peru in the Department of Ancash, province of Huaylas, District of Caraz, and approximately 16km east of the town of Caraz. The total Indicated and Inferred Mineral Resource has been estimated in accordance with the guidelines set out by the JORC Code (2012). The estimated total resources at the lower cut-off grade of 0.5g/t gold (“Au”) are 6,742,260 tonnes @ 1.23g/t gold and 4.31 g/t silver for 265,987 ounces of contained gold, and 934,528 ounces of contained silver (“Ag”), confirming Yanamina as a significant bulk mining development opportunity with strong economic potential.

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