For thousands of other reports visit RSC's Mineral Intellingence Map
Mount Gibson Iron Ltd.
Summary
| Project: | Extension Hill | |
|---|---|---|
| Deposit: | Extension Hill, Iron Hill | |
| Location: | Australia | |
| Commodities: | Iron-Silica-Aluminium-Phosphorus | |
| Date: | 9/25/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 25-9-2019: Mount Gibson Iron Ltd. announces a Resource Estimation report for its Extension Hill, Iron Hill deposit at the Extension Hill project. Mineral resource and ore reserve statement. This statement details the Mineral Resource and Ore Reserve estim | |
| Resources: | ||
| CP/QP: | [Resources]: Elizabeth Haren (Internal) | |
| ABSTRACT: | This statement details the Mineral Resource and Ore Reserve estimates of Mount Gibson Iron Limited (Mount Gibson) as at 30 June 2019. Total Mineral Resources are estimated at 74.2 million tonnes (Mt) of iron ore at an average grade of 61.8% Fe (30 June 2018: 76.4Mt @ 61.8% Fe). Total Ore Reserves are 20.3Mt at 65.5% Fe (30 June 2018: 21.0Mt at 65.5% Fe). The reductions in the estimates from a year ago reflect mining depletion, as tabulated below. Mount Gibson Chief Executive Officer Peter Kerr said: “Mount Gibson’s annual Mineral Resources and Ore Reserves statement underlines the quality of our mining assets, particularly our flagship Koolan Island Mine which commenced high grade ore sales in late April 2019. Koolan Island is the highest grade direct-shipping hematite iron ore operation in Australia, providing Mount Gibson with a unique platform to create long term value for its shareholders.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report