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Mineral Resources Ltd.

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Summary

Project:

Wodgina

Deposit:Wodgina
Location:Australia
Commodities:Lithium-Iron-Aluminium-Silica-Tantalum
Date:10/23/2018
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Pre-Feasibility Study
Report details:23-10-2018: Mineral Resources Ltd. announces a Resource Estimation report for its Wodgina deposit at the Wodgina project. Updated mineral resource and ore reserve at project. Mineral Resources Limited (ASX:MIN) (“MRL”), is pleased to announce the results
Resources:(Reserve, Prob.): 151.94Mt @ 1.17% Li2O
CP/QP:[Resources]: Lynn Widenbar (Widenbar and Associates Pty Ltd.)
ABSTRACT:Mineral Resources Limited (ASX:MIN) (“MRL”), is pleased to announce the results of re-sampling, infill drilling and blast hole sampling data as at 18 October 2018 to produce new Mineral Resource and Ore Reserve Estimates for the Wodgina Lithium Deposit. Widenbar and Associates Pty Ltd (“Widenbar”) has used additional infill drilling as at 18 October 2018 to produce a new Mineral Resource Estimate for the Wodgina Lithium Deposit. The further infill drilling between May and October 2018 has also been used by Widenbar to increase confidence in significant parts of the Inferred material. The total Indicated and Inferred Pegmatite Mineral Resource at Wodgina is now 236.9 Mt at 1.19% Li2O (depleted to the end of September 2018). The Wodgina Total Mineral Resource, using a 0.5% Li2O cut off for pegmatite and including the Tailings material, now stands at 259.2 Mt at 1.17% Li2O.

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