For thousands of other reports visit RSC's Mineral Intellingence Map
Tando Resources Ltd.
Summary
| Project: | SPD | |
|---|---|---|
| Deposit: | SPD | |
| Location: | South Africa | |
| Commodities: | Vanadium | |
| Date: | 12/18/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-12-2018: Tando Resources Ltd. announces an Exploration/Drilling Update report for its SPD deposit at the SPD project. Updated mineral resource estimate at the project. Tando Resources (ASX: TNO, Tando or the Company) is pleased to announce the maiden J | |
| Resources: | (Resource, Inf.): 588Mt @ 0.78% V2O5 | |
| CP/QP: | [Resources]: Kell Nielsen (Mannika Resources Group Pty Ltd.) | |
| ABSTRACT: | Tando Resources (ASX: TNO, Tando or the Company) is pleased to announce the maiden JORC Resource at its SPD Vanadium Project. The resource comprises 588 million tonnes at 0.78% V2O5 which is wholly classified in the Inferred category. Significantly the resource includes coherent high-grade, near surface zones of mineralisation which totals 80 million tonnes at 1.07% V2O5 (defined above a cut off grade of 0.9% V2O5, within 100m of surface). Tando Managing Director Bill Oliver said the maiden JORC resource confirmed the quality of the SPD Vanadium Project as a potential tier 1 asset and provided an important spring board for the next phase of activities. “The delineation of high grade, near surface mineralisation provides an immediate focus for our metallurgical and mining studies,” Mr Oliver said. "Our aim is to fast track a robust, viable near term low capex production opportunity. Work during early 2019 will be focussed on development of this high grade zone, in addition to the potential high grade DSO contribution from the pipes.” | |
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