For thousands of other reports visit RSC's Mineral Intellingence Map
Plymouth Minerals Ltd.
Summary
| Project: | San Jose | |
|---|---|---|
| Deposit: | San Jose | |
| Location: | Spain | |
| Commodities: | Lithium-Tin | |
| Date: | 5/25/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-5-2017: Plymouth Minerals Ltd. announces a Resource Estimation report for its San Jose deposit at the San Jose project. Initial JORC Mineral Resource Estimate for San Jose. Plymouth Minerals Limited (ASX: PLH) (Plymouth or the Company) is pleased to an | |
| Resources: | (Resource, I+I): 92.3Mt @ 0.27% Li, 0.02% Sn at project | |
| CP/QP: | [Resources]: Jeremy Peters (Snowden Mining Industry Consultants Pty Ltd.) | |
| ABSTRACT: | Plymouth Minerals Limited (ASX: PLH) (Plymouth or the Company) is pleased to announce in accordance with the JORC Code its maiden lithium-tin Mineral Resource at the San Jose project in Spain. Lithium (Li) at San Jose is hosted in mica minerals with tin (Sn) hosted in associated quartz. Lithium-bearing micas are an established source of lithium which is able to be directly converted to lithium carbonate on site, bypassing the requirement to trade in concentrate with off-site convertors. Lithium at San Jose is hosted in a massive replacement style deposit, with cross-cutting tin-bearing quartz veins. This is a common lithium deposit style as seen in several other large lithium-tin deposits in Europe which are historic lithium producers. Plymouth and its Spanish Joint Venture partner, Valoriza Mineria (VM), intend to produce lithium carbonate (LCE) on site. VM is a subsidiary of +A$ billion market capitalisation, construction and engineering company Sacyr S.A. Europe’s only commercial lithium production is currently sourced from Spain and Portugal. San Jose has undergone extensive historical exploration and metallurgical test work which culminated in a positive feasibility study to produce lithium carbonate on site using open pit mining and proven process technology. The Resource outcrops and is open. Plymouth Executive Chairman Adrian Byass commented: “We are extremely excited to release the Maiden JORC Resource statement demonstrating that San Jose is a world class asset with lithium mineralisation that is amenable to a simple, open pit mining operation in part of Europe with good infrastructure. This opens the door for the next phase of work which is based on finalisation of confirmation testwork and open pit optimisations prior to lodgement of the Mining Licence Application, planned for September 2017.” | |
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