For thousands of other reports visit RSC's Mineral Intellingence Map
Technology Metals Australia Ltd.
Summary
| Project: | Gabanintha | |
|---|---|---|
| Deposit: | Gabanintha | |
| Location: | Australia | |
| Commodities: | Vanadium-Titanium-Iron-Aluminium-Silica | |
| Date: | 3/7/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-3-2018: Technology Metals Australia Ltd. announces a Resource Estimation report for its Gabanintha deposit at the Gabanintha project. Mineral Resource update for the Gabanintha project. Technology Metals Australia Limited (ASX: TMT) (“Technology Metals” | |
| Resources: | (Resource, I+I): 119.9Mt @ 0.8% V2O5, 37.1% Fe, 9.8% Al2O3, 17.2% SiO2, 9.7% TiO2 at project | |
| CP/QP: | [Resources]: Aaron Meakin (CSA Global Pty Ltd.) | |
| ABSTRACT: | Technology Metals Australia Limited (ASX: TMT) (“Technology Metals” or the “Company”) is pleased to announce results for the update of the Northern Block Mineral Resource (“Northern Block Resource”) estimate and the resulting Global Mineral Resource (“Global Resource”) estimate, reported in accordance with the JORC Code 2012, for the Gabanintha Vanadium Project (“Project”). Resource estimation was completed by independent geological consultants CSA Global and was based on data from the Company’s 2017 reverse circulation (RC) and diamond drilling programs2. The Global Resource estimate for the Project of 119.9 Mt at 0.8% V2O5 and 9.7% TiO2 includes an outstanding high grade component of 55.0 Mt at 1.1% V2O5 and 12.7% TiO2 contained within the highly continuous and consistently mineralised massive magnetite zone (see Figure 1). The update of the Northern Block Resource delivered an Inferred and Indicated Mineral Resource of 98.4 Mt at 0.8% V2O5 and 9.7% TiO2, a 57% increase on the previously reported Inferred Mineral Resource and included an Indicated Mineral Resource of 21.6 Mt at 0.9% V2O5 and 11.2% TiO2. Executive Director Ian Prentice commented; “The delivery of this outstanding high grade Global Resource and the highly encouraging metallurgical testwork completed to date provides positive catalysts and momentum to fast track the development studies on this World Class deposit. | |
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