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Metro Mining Ltd.
Summary
| Project: | Bauxite Hills Mine | |
|---|---|---|
| Deposit: | Bauxite Hills Mine | |
| Location: | Australia | |
| Commodities: | Aluminium | |
| Date: | 3/13/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 13-3-2017: Metro Mining Ltd. announces a Resource Estimation report for its Bauxite Hills Mine deposit at the Bauxite Hills Mine project. Updated Mineral Resource Estimate at Bauxite Hills Mine. Metro Mining Ltd (Metro) finalised the acquisition of Gulf A | |
| Resources: | (Resource, Total): 144.8Mt @ 49.2% Al2O3, 13.9% SiO2 at project | |
| CP/QP: | [Resources]: Ed Radley (Not stated) | |
| ABSTRACT: | Metro Mining Ltd (Metro) finalised the acquisition of Gulf Alumina Ltd (Gulf) in January 2017. Up until that time both Metro and Gulf were standalone projects with resources estimated using separate geological models. Following acquisition Metro has moved quickly to integrate the separate geological models and create a single resource. The integrated resource forms the basis for the development of an optimal mine schedule in the Bankable Feasibility Study. The Bauxite Hills Mine is situated 95km north of Weipa on Queensland’s Cape York Peninsula and 5Kms south-east of the port at Skardon River. The deposit type is lateritic bauxite derived from the weathering of aluminous sediments in a tropical to sub-tropical environment. The mineralisation within the Bauxite Hills Mine forms part of the Weipa Plateau, a widespread area of aluminous laterite on the west coast of Cape York Peninsula that includes Rio Tinto Alcan’s Weipa, Andoom and Amrun bauxite deposits as well as Metro Mining’s Bauxite Hills Mine. The resource model assumes open pit mining for the defined resource using loaders and trucks. No blasting is envisaged based on bauxite mining operations elsewhere in the Weipa area. | |
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