For thousands of other reports visit RSC's Mineral Intellingence Map
Queensland Mining Corp. Ltd.
Summary
| Project: | White Range | |
|---|---|---|
| Deposit: | Young Australian | |
| Location: | Australia | |
| Commodities: | Copper-Cobalt | |
| Date: | 7/26/2016 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-7-2016: Queensland Mining Corp. Ltd. announces a Resource Estimation report for its Young Australian deposit at the White Range project. JV - updated mineral resource estimate for Young Australian deposit at White Range project. Queensland Mining Corpo | |
| Resources: | (Resource, I+I): 5.1Mt @ 0.79% Cu, 86ppm Co at Young Australian | |
| CP/QP: | [Resources]: John Horton (ResEval Pty Ltd.) | |
| ABSTRACT: | Queensland Mining Corporation Limited (ASX: QMN) is pleased to announce an update to the Mineral Resource at the Young Australian deposit. The update includes additional drilling by QMC completed in 2012 and 2015 and the extension of the Mineral Resource into the neighbouring exploration tenement under a joint venture agreement. Eddy Wu, QMC’s CEO, said “The Company is very happy to provide this resource update, which not only brings the status of the resource from the previous JORC 2004 to the current JORC 2012 standard but also includes a 90% increase in contained copper metal compared to the ASX release dated on 3 February 2011 for the Young Australian deposit. Such an increase in resource will provide additional support to the future production plan for the White Range project”. Queensland Mining Corporation Limited (ASX:QMN) engaged ResEval Pty Ltd to complete an independent JORC (2012) Mineral Resource update for the Young Australian copper project. This follows additional drilling by QMC in 2012 and 2015 and extends the areas held by QMC under several mining leases to the surrounding exploration tenement held by Chinova Resources Cloncurry Mines Pty Ltd (Chinova) and now operated by QMC under a joint venture exploration agreement. The inclusion of the Chinova area also includes some drilling completed previously by Chinova. Mineral Resources are estimated with all data available at June 2016 and are classified in accordance with the JORC (2012) guidelines with relevant details provided in the accompanying JORC (2012) Table 1 in Appendix A. | |
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