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OZ Minerals Ltd.
Summary
| Project: | Pedra Branca | |
|---|---|---|
| Deposit: | Pedra Branca | |
| Location: | Brazil | |
| Commodities: | Copper-Gold | |
| Date: | 7/11/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine Development | |
| Report details: | 11-7-2019: OZ Minerals Ltd. announces a Resource Estimation report for its Pedra Branca deposit at the Pedra Branca project. 2019 Mineral Resource Statement. The Pedra Branca March 2019 Mineral Resource has been estimated at 19 million tonnes of copper mi | |
| Resources: | (Resource, Total): 19Mt @ 1.6% Cu, 0.4g/t Au | |
| CP/QP: | [Resources]: Colin Lollo (Internal) | |
| ABSTRACT: | The Pedra Branca March 2019 Mineral Resource has been estimated at 19 million tonnes of copper mineralisation grading 1.6 per cent copper and 0.4 grams per tonne gold. This combined Mineral Resource estimate update supersedes the previously reported Mineral Resource estimates for Pedra Branca West released on 13 July 2015 and Pedra Branca East released on 26 May 2016. The updated Pedra Branca Mineral Resource estimate includes, substantial additional delineation drilling completed since the cut-off date of the previous Mineral Resource releases, reflects geological interpretation adjustments and updated classification confidence. The March 2019 Mineral Resource estimate is 6 per cent higher in mineralisation tonnes, 30 per cent lower in copper metal tonnes and 25 per cent lower in gold ounces than the previous combined total of estimated Mineral Resources for Pedra Branca. | |
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