For thousands of other reports visit RSC's Mineral Intellingence Map
MRG Metals Ltd.
Summary
| Project: | Norrliden | |
|---|---|---|
| Deposit: | Norrliden | |
| Location: | Sweden | |
| Commodities: | Gold-Silver-Zinc-Lead | |
| Date: | 7/13/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-7-2018: MRG Metals Ltd. announces a Resource Estimation report for its Norrliden deposit at the Norrliden project. Upgraded mineral resource estimate at the project. MRG Metals Limited (ASX: MRQ) is pleased to announce an updated JORC code (2012) Miner | |
| Resources: | (Resource, Total): 5.2Mt @ 2.1% Zn 0.4% Cu, 0.2% Pb, 0.3g/t Au, 29g/t Ag at Norrliden | |
| CP/QP: | [Resources]: Geoff Reed (Breakaway Mining Services) | |
| ABSTRACT: | MRG Metals Limited (ASX: MRQ) is pleased to announce an updated JORC code (2012) Mineral Resource Estimate (“MRE”) and preliminary optimisation results for its Norra and Bjurfors polymetallic sulphide deposits following a review and validation of historic diamond drilling data from across the project area. Norra and Bjurfors form part of MRG’s Norrliden Project located within the Skellefte Belt in northern Sweden. MRG has a farm-in agreement with Mandalay Resources Corporation (Mandalay) at the Norrliden Project (refer ASX Announcement dated 29th May 2017). MRG Chairman Mr Andrew Van Der Zwan commented: “The updated MRE and positive optimisations for the Norrliden Project have provided MRG with the confidence in the economic viability of Norrliden. The optimisation results have demonstrated that the Norra deposit is economically viable within the current input and pricing parameters. These results coupled with the existing mining permit over Norra have significantly increased the value of the Norrliden Project and have provided a number of potential pathways to create shareholder value. These pathways are being evaluated with our partner, Mandalay, who is also interested in evaluating all options.” | |
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