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Rafaella Resources Ltd.
Summary
| Project: | Santa Comba | |
|---|---|---|
| Deposit: | Santa Comba | |
| Location: | Spain | |
| Commodities: | Tin-Tungsten | |
| Date: | 7/1/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-7-2020: Rafaella Resources Ltd. announces a Resource Estimation report for its Santa Comba deposit at the Santa Comba project. Updated Mineral Resource Estimate for Project. Rafaella Resources Limited (ASX:RFR) (‘Rafaella’ or ‘the Company’) is pleased t | |
| Resources: | (Resources, Total): 10.61Mt @ 0.17% WO3, 154ppm Sn | |
| CP/QP: | [Resource] Adam Wheeler, Mark Owen (Independent) | |
| ABSTRACT: | Rafaella Resources Limited (ASX:RFR) (‘Rafaella’ or ‘the Company’) is pleased to announce the results of the recently completed resource estimation for the Santa Comba tungsten and tin project (‘Santa Comba’ or the ‘Project’), carried out by independent consultants. Table 1 shows the total MRE for the Santa Comba Project as of 30 June 2020. Mineral Resource Estimate Reporting Requirements The Company owns 100% of the Project on a group of concessions covering 36.1km2 . A significant amount of artisanal mining has occurred across the concessions exploiting quartz-wolframite veins and alluvial concentrations of wolframite. Underground mining occurred in the vicinity of Barrilongo Hill, including the Mina Carmen and Santa Maria mines. The previous owners of the Project, Galicia Tin & Tungsten S.L. (‘GTT’), focused its activities in this area, including drilling, which resulted in the estimation of a maiden JORC 2012 near-surface Inferred MRE of 5.11Mt @ 0.20% WO3 and 138ppm Sn (0.05% WO3 cut-off) and underground Inferred Mineral Resource Estimate of 234kt @ 0.95% WO3 and 0.28% Sn (0.53% WO3 cut-off) 2 . | |
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