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Symbol Mining Ltd.

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Summary

Project:

Imperial

Deposit:Macy
Location:Nigeria
Commodities:Zinc-Lead
Date:3/22/2019
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:22-3-2019: Symbol Mining Ltd. announces a Resource Estimation report for its Macy deposit at the Imperial project. Annual statement of mineral resources at project. ymbol Mining Limited (ASX:SL1) (Symbol or the Company) is pleased to provide its annual re
Resources:
CP/QP:[Resources]: Lynn Widenbar (Widenbar and Associates Pty Ltd.)
ABSTRACT:ymbol Mining Limited (ASX:SL1) (Symbol or the Company) is pleased to provide its annual review and summary of the company’s Mineral Resources as at 31 December 2018. The Company’s Mineral Resources are reported in accordance with the 2012 JORC code and estimated or based on documentation prepared by a Competent Person as defined by the 2012 JORC code. Symbol Mining has a 60% interest in the Imperial Joint Venture that owns the Macy zinc-lead deposit which is located in the Benue Trough of north-eastern Nigeria. The updated Macy JORC-compliant resource remaining after mining depletion as at 31 December 2018 is an Indicated and Inferred JORC-compliant resource of 107,385t at 18.0% Zn and 2.34% Pb that is a combination of both the Macy Zinc and Lead resources set out below (Table 1). The two mineralised zones are spatially and statistically discrete. The zinc resource is calculated using a downhole cut-off grade of 2% Zn, while the lead resource uses a 2% Pb cut-off grade.

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