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Myanmar Metals Ltd.
Summary
| Project: | Bawdwin | |
|---|---|---|
| Deposit: | Bawdwin | |
| Location: | Myanmar | |
| Commodities: | Lead-Silver-Zinc-Copper | |
| Date: | 1/3/2020 | |
| Report Code: | JORC | |
| Report Type: | Optimisation Study | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 3-1-2020: Myanmar Metals Ltd. announces a Optimisation Study report for its Bawdwin deposit at the Bawdwin project. Bawdwin Expansion Study completed. Myanmar Metals Limited (MYL or the Company), working with its partners in the Bawdwin Joint Venture | |
| Resources: | (Resource, I+I): 100.575Mt @ 4.0% Pb, 3.1oz/t Ag, 1.9% Zn, 0.2% Cu | |
| CP/QP: | [Overall Report]: Andrew Ford (Internal) | |
| ABSTRACT: | Myanmar Metals Limited (MYL or the Company), working with its partners in the Bawdwin Joint Venture (BJV), is pleased to announce that the Bawdwin Expansion Study (Expansion Study) has been completed. Mining consultant Cube Consulting Pty Ltd (Cube) has undertaken an assessment on the merits of underground and open-pit mining operations targeting the Mineral Resources left un-mined by the Phase 1 open-pit mine (Starter Pit). The Bawdwin project will be delivered in phases to optimise mine operating performance and minimise capital and operating costs. Phase 1, the Starter Pit, focuses mining operations on the central China Lode as detailed in the PFS (see announcement published 6 May 2019). The Starter Pit processes 24.7 Mt of the 100.6 Mt Bawdwin Mineral Resource, leaving the majority of the Mineral Resources un-mined. The Expansion Study, which underpins phases 2 and 3 of mining operations at Bawdwin, assessed the optimal mining method for targeting the remaining Mineral Resources. | |
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