For thousands of other reports visit RSC's Mineral Intellingence Map
New Dimension Resources Ltd.
Summary
| Project: | Las Calandrias | |
|---|---|---|
| Deposit: | Las Calandrias | |
| Location: | Argentina | |
| Commodities: | Gold-Silver | |
| Date: | 10/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-10-2018: New Dimension Resources Ltd. announces a Resource Estimation report for its Las Calandrias deposit at the Las Calandrias project. Update resource estimate at the project. VANCOUVER, Oct. 5, 2018 /CNW/ - New Dimension Resources Ltd. (TSXV: NDR) | |
| Resources: | (Resource): 7.4Mt @ 1.33g/t Au, 24.65g/t Ag (Ind.) and 1.73Mt @ 0.73g/t Au, 7.17g/t Ag (Inf.) | |
| CP/QP: | [Resources]: Paul Daigle (AGP Mining Consultants Inc.) | |
| ABSTRACT: | VANCOUVER, Oct. 5, 2018 /CNW/ - New Dimension Resources Ltd. (TSXV: NDR) (the "Company" or "New Dimension") is pleased to report the results of an updated Mineral Resource Estimate ("MRE") for the Las Calandrias Gold-Silver Project in Santa Cruz Province, Argentina. The updated MRE has been prepared by independent mining consultants AGP Mining Consultants Inc. ("AGP Mining") in accordance with Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). The updated MRE includes contributions from both the Calandria Sur and Calandria Norte deposits (Figures 1&2); a detailed evaluation of the mineral resource potential of the adjacent high-grade Morena vein/breccia system will continue over the coming months. Eric Roth, New Dimension's CEO, commented today: "I am pleased to be able to report our updated Mineral Resource Estimate for the Las Calandrias Project, which has shown growth even with tighter technical constraints being placed on the outlining of mineral resource areas. And this resource growth occurred without any potential new contributions from the high-grade Morena vein/breccia system, for which we had insufficient time to evaluate in detail. Significant potential still exists at the Las Calandrias Project to expand the known mineralization at Morena (where only the southern end has seen any meaningful drilling), together with the nearby Despreciada-Nido vein system (untested in the 2018 drill program). With the arrival of the Patagonian summer field season, our geological teams will now accelerate field activities and the process of evaluating and ranking vein targets at both Las Calandrias and elsewhere within our 860 square kilometre portfolio. This field work is expected to lead to the definition of new high-grade gold-silver targets for drill testing during 2019". | |
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