For thousands of other reports visit RSC's Mineral Intellingence Map
Matsa Resources Ltd.
Summary
| Project: | Red Dog | |
|---|---|---|
| Deposit: | Red Dog | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/18/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-1-2018: Matsa Resources Ltd. announces a Resource Estimation report for its Red Dog deposit at the Red Dog project. Initial Mineral resource at Red Dog. Matsa Resources Limited (“Matsa” or “the Company” ASX: MAT) is pleased to advise a JORC 2012 Code c | |
| Resources: | (Resource, I+I): 368Kt @ 2.2g/t Au for 26.3Koz contained at Red Dog | |
| CP/QP: | [Resources]: Susan Havlin (Optiro Pty Ltd.) | |
| ABSTRACT: | Matsa Resources Limited (“Matsa” or “the Company” ASX: MAT) is pleased to advise a JORC 2012 Code compliant mineral resource has been completed at its 100% owned Red Dog project, located 25km west of the Company’s Fortitude gold project where trial mining is underway. The Red Dog Mineral Resource estimate totals 368,000t at 2.2g/t for 26,300oz Au with the majority of ounces (94%) in the Indicated Category (Table 1 and Figure 1). The resource estimate is reported at a 0.5g.t Au lower cut-off and the estimate has not been constrained within a resource pit shell. This drilling along with historical RC data was used to generate the maiden Mineral Resource Estimate. The Mineral Resource was estimated by Optiro Ltd. A mineralisation wireframe was created at a cut-off grade of 0.5 g/t Au with a minimum thickness of 2 metres, based on mineralisation strings supplied by Matsa. The gold resource was estimated into a three-dimensional block model by ordinary kriging (OK) using dynamic anisotropy to account for the undulating nature of the ore body (Figure 2). The historical drillholes were composited to 1 metre downhole to eliminate any residuals. There was no requirement to composite the new drilling as all the samples were 1 m in length. Rotary air blast drill holes were removed prior to statistical and geostatistical analysis. Top cutting was required to reduce the influence of outlier values. | |
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