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Mineral Resources Ltd.
Summary
| Project: | Ant Hill | |
|---|---|---|
| Deposit: | Ant Hill | |
| Location: | Australia | |
| Commodities: | Manganese-Iron-Silica | |
| Date: | 3/19/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-3-2020: Mineral Resources Ltd. announces a Resource Estimation report for its Ant Hill deposit at the Ant Hill project. Updated Mineral Resource Estimate for Ant Hill. The Ant Hill Mineral Resource, which has been reported in accordance with the JORC C | |
| Resources: | (Resources, Ind.): 2.8Mt @ 24.4% Mn, 23.9% Fe, 16.7% SiO2 | |
| CP/QP: | [Resources]: Matthew Watson (Internal) | |
| ABSTRACT: | The Ant Hill Mineral Resource, which has been reported in accordance with the JORC Code (2012) as at 31 December 2019, is estimated to be 3.1 million tonnes at 24.7% Mn, 23.7% Fe and 16.5% SiO2, using a nominal Mn cut-off grade of 10%. For the purpose of satisfying “reasonable prospects for eventual extraction” (JORC 2012), the Mineral Resources have been constrained by optimised open pit shells developed using operating costs, initial metallurgical test work, beneficiation parameters and a long term price assumption USD7.125/dmtu for a product grade of 37% Mn. Material occurring outside of these pit shells is unclassified and has not been reported anywhere in this statement. The following Mineral Resource estimate was generated by Mr. Matthew Watson, who is a full-time employee of Mineral Resources Limited. Mr Watson is acting as the Competent Person as defined by JORC 2012. | |
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