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RMG Ltd.
Summary
| Project: | Kamarga | |
|---|---|---|
| Deposit: | JB Zinc | |
| Location: | Australia | |
| Commodities: | Zinc-Lead | |
| Date: | 12/8/2014 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-12-2014: RMG Ltd. announces a Resource Estimation report for its JB Zinc deposit at the Kamarga project. Re-stated mineral resource estimate for JB Zn deposit at Kamarga project. The previously released Mineral Resource Estimate (MRE)1 for the JB Zinc d | |
| Resources: | (Resource, Inf.): 10.4Mt @ 2.7% Zn, 0.2% Pb for 277000t Zn contained | |
| CP/QP: | [Resources]: Peter Rolley (Internal) | |
| ABSTRACT: | The previously released Mineral Resource Estimate (MRE)1 for the JB Zinc deposit at Kamarga is now re-stated in compliance with JORC Code 2012. The JORC 2012 reporting code requires that all resources must have a possibility of “eventual economic extraction”. Since the initial MRE was released the following work has continued to indicate that the reported Inferred Resource meets this criteria. RMG Limited (“RMG” or “the Company”) is pleased to advise that it has completed a review of the JB Zinc deposit data and metallurgical test work and can now re-state the Mineral Resource Estimate in compliance with JORC Code 2012 and ASX Listing Rules. In January 2013, RMG reported an Inferred Resource for part of the JB mineralised system. Since that date, the Company has undertaken further work to enhance the possibility of “eventual economic extraction” in accordance with the JORC 2012 guidelines for reporting of Mineral Resources. There has been no change to the Inferred Resource estimate as previously released. Table 1 presents the Inferred Resource for the JB Zinc deposit. | |
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