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Pacifico Minerals Ltd.
Summary
| Project: | Sorby Hills | |
|---|---|---|
| Deposit: | Sorby Hills | |
| Location: | Australia | |
| Commodities: | Lead-Zinc-Silver | |
| Date: | 10/31/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-10-2019: Pacifico Minerals Ltd. announces a Resource Estimation report for its Sorby Hills deposit at the Sorby Hills project. Updated mineral resource estimate for project. Pacifico Minerals Limited (ASX: PMY) (‘Pacifico’ or the ‘Company’) is pleased | |
| Resources: | (Resource, I+I): 36.0Mt @ 3.7% Pb, 0.5% Zn, 39g/t Ag at Sorby Hills | |
| CP/QP: | [Resources]: David Williams (CSA Global Pty Ltd.) | |
| ABSTRACT: | Pacifico Minerals Limited (ASX: PMY) (‘Pacifico’ or the ‘Company’) is pleased to provide an updated Mineral Resource Estimate (‘MRE’) for the Sorby Hills Project following the highly successful Phase II drilling campaign recently completed at its 75% owned Sorby Hills LeadSilver-Zinc Development Project (‘Sorby Hills’ or the ‘Project’). Managing Director Simon Noon commented: “We’re thrilled to announce a very significant update of the Mineral Resource Estimate for the Sorby Hills Lead-Silver-Zinc Project, on the back of our second highly successful drilling program. Phase II drilling targeted the Omega and B deposits, aiming to increase resources in the Indicated category. The boost to Indicated resources from just 6,000 meters of infill drilling is exceptional. The main objective was to grow and increase confidence in the Mineral Resource to underpin an increase in the mining rate and test the grade assumptionsto be modelled in the upcoming Optimised PFS. This MRE update has done precisely that and more.” | |
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