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OZ Minerals Ltd.
Summary
| Project: | Antas North | |
|---|---|---|
| Deposit: | Antas North | |
| Location: | Brazil | |
| Commodities: | Copper-Gold | |
| Date: | 7/11/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 11-7-2019: OZ Minerals Ltd. announces a Resource Estimation report for its Antas North deposit at the Antas North project. 2019 Mineral Resource Statement. The Antas North 30 April 2019 Mineral Resource has been estimated at 2.6 million tonnes of copper m | |
| Resources: | (Resource, Total): 2.6Mt @ 1.2% Cu, 0.4g/t Au | |
| CP/QP: | [Resources]: Justin Watson (Xstract Mining Consultants) | |
| ABSTRACT: | The Antas North 30 April 2019 Mineral Resource has been estimated at 2.6 million tonnes of copper mineralisation grading 1.2 per cent copper and 0.4 grams per tonne gold. This updated Mineral Resource estimate supersedes the previously reported Mineral Resource estimate for Antas North as at 31 December 2017, released in the 2017 Avanco Resources Annual Report on 27 February 2018. The previous report was based on a re-reported and mining depleted version of the April 2014 Mineral Resource estimate. The updated Antas North Mineral Resource estimate includes, substantial resource delineation diamond drilling (~8,600m) and reverse circulation drilling (~47,000m) completed since the drilling data cut-off date of the April 2014 Mineral Resource estimation (used as the foundation of the last reported Mineral Resources as at 31 December 2017). The additional data has resulted in a significant change in interpretation of the local geology and boundaries to mineralisation. The April 2019 Mineral Resource estimate is ~74 per cent lower in mineralisation tonnes, ~80 per cent lower in copper metal tonnes and ~72 per cent lower in gold ounces than the 31 December 2017 Mineral Resource for the Antas North deposit. | |
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