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Project: | Bawdwin | |
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Deposit: | Bawdwin | |
Location: | Myanmar | |
Commodities: | Lead-Zinc-Silver-Copper | |
Date: | 3/6/2018 | |
Report Code: | JORC | |
Report Type: | Resource Estimation | |
Project Stage: | Pursuing Feasibility Study | |
Report details: | 6-3-2018: Myanmar Metals Ltd. announces a Resource Estimation report for its Bawdwin deposit at the Bawdwin project. Updated mineral resource for separate lead and copper envelopes. Myanmar Metals Limited (ASX: MYL) (“MYL” or “the Company”) is pleased to | |
Resources: | (Resource, Inf.): 76.9Mt @ 4.6% Pb, 2.3% Zn, 0.24% Cu, 118g/t Ag at project | |
CP/QP: | [Resources]: Serikjan Urbisinov (CSA Global Pty Ltd.) | |
ABSTRACT: | Myanmar Metals Limited (ASX: MYL) (“MYL” or “the Company”) is pleased to report a revised Mineral Resource estimate completed by CSA Global and reported under the guidelines of the JORC Code 2012 Edition. The maiden Mineral Resource estimate for Bawdwin was reported under the JORC Code and announced in the Company’s release to the ASX on 17th October 2017. A revised estimate based on the same block model and estimation parameters but with different cutoff grades was released to the ASX on 1 December 2017. That updated Inferred Mineral Resource estimate of 75.9 Mt at 4.6% Pb, 2.3% Zn, 0.25% Cu and 119 g/t Ag for the Bawdwin project was based on a cut-off grade of 0.5% Pb above the 750m RL and a cut-off grade of 2% Pb below the 750m RL. The resource was estimated inside a 0.5% Pb envelope; the existence of high-grade Cu mineralisation inside and outside the resource envelope was recognised but was not modelled or reported separately. Historical mining and processing at Bawdwin was focused on Ag, Pb and Zn. Copper was not of economic interest and was therefore not targeted for exploration or development. Full evaluation of Bawdwin development options requires assessment of the copper endowment to determine if it is preferable to produce separate lead-silver and copper concentrates or a combined For personal use only lead-silver-copper concentrate | |
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