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Mineral Resources Ltd.
Summary
| Project: | Wodgina | |
|---|---|---|
| Deposit: | Wodgina | |
| Location: | Australia | |
| Commodities: | Lithium-Iron-Aluminium-Silica-Tantalum | |
| Date: | 5/7/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 7-5-2018: Mineral Resources Ltd. announces a Resource Estimation report for its Wodgina deposit at the Wodgina project. Clarified previous resource and reserve estimate with additional commentary. Mineral Resources Limited (ASX:MIN; MRL) refers to its ann | |
| Resources: | (Reserve, Prob.): 142.4Mt @ 1.19% Li2O, 2.01% Fe, 15.37% Al2O3, 71.44% SiO2, 0.20% Ta2O5 | |
| CP/QP: | [Resources]: Lynn Widenbar (Widenbar and Associates Pty Ltd.) | |
| ABSTRACT: | Mineral Resources Limited (ASX:MIN; MRL) refers to its announcement on 1 May 2018 titled “Wodgina Mineral Resource and Ore Reserve Update” and its subsequent announcement on 2 May 2018 titled “Mineral Resource and Ore Reserve Update Correction”. The Company provides the following additional commentary in respect of the Ore Reserve described in those announcements: Ore Reserves have been classified based on their Mineral Resource classification within the 60% Revenue Factor shell, with only Indicated Mineral Resources converted to Probable Ore Reserves. The pit shell used for calculating Ore Reserves contains 26.3 Million tonnes at 1.23% Li2O of Inferred Mineral Resources that are included in the mine plans. While no Inferred Mineral Resources are reported in the Ore Reserves these have the potential to | |
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