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Metals X Ltd.

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Summary

Project:

Renison

Deposit:Renison
Location:Australia
Commodities:Tin-Copper
Date:5/24/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:24-5-2019: Metals X Ltd. announces a Resource Estimation report for its Renison deposit at the Renison project. Updated mineral resource estimate at the project. Managing Director, Mr Damien Marantelli, commented: “With 47,300 tonnes of contained tin bein
Resources:(Resource, Total): 17.55Mt @ 1.5% Sn, 0.20% Cu for 263Kt Sn, 34.8Kt Cu
CP/QP:[Resources]: Colin Carter (Internal)
ABSTRACT:Managing Director, Mr Damien Marantelli, commented: “With 47,300 tonnes of contained tin being added to the Renison resource inventory over the past 12 months and the global resource grade increasing to 1.50% Sn, it has truly been a great year for Renison. Importantly, the high grade zones underpinning this increase are still open and drilling is continuing. This fantastic outcome is the result of the dedication and professionalism of the entire Renison team whom I congratulate”. “Work has now moved onto updating the Ore Reserve estimate and a new life-of-mine plan that will include the activities and planning required to access the now defined 4.47Mt of high grade tin resources within Area 5”. “I look forward to updating the market on the detailed Renison strategy in the near future, which will outline the opportunities we have identified to enhance mined and milled grade, increase mining and processing rates and improve metallurgical recovery”.

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