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Todd River Resources Ltd.
Summary
| Project: | Mount Hardy | |
|---|---|---|
| Deposit: | Hendrix | |
| Location: | Australia | |
| Commodities: | Zinc-Copper-Lead-Silver | |
| Date: | 7/10/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-7-2019: Todd River Resources Ltd. announces a Resource Estimation report for its Hendrix deposit at the Mount Hardy project. Initial mineral resource estimate at project. Todd River Resources Limited (ASX: TRT; “Todd River” or “the Company”) is pleased | |
| Resources: | (Resource, Inf.): 2.6Mt @ 6.7% Zn, 0.9% Cu, 1.5% Pb, 35g/t Ag | |
| CP/QP: | [Resources]: Brian Wolfe, Andrew Thompson (International Resource Solutions Pty Ltd.;S2 Resources Ltd.) | |
| ABSTRACT: | Todd River Resources Limited (ASX: TRT; “Todd River” or “the Company”) is pleased to announce a Maiden Mineral Resource estimate for the Hendrix zinc-copper-lead deposit at its 100%-owned Mt Hardy CopperZinc Project in the Northern Territory (Figure 1) of 2.6 million tonnes at 10.5% zinc-equivalent*. The Resource, which comprises 6.7% zinc, 0.9% copper, 1.5% lead and 35 g/t silver, has approximately 175,000 tonnes of contained zinc, 22,500 tonnes of contained copper, 40,000 tonnes of contained lead and 2.9 million ounces of contained silver (at a 1.5% Zn cut-off) (see Table 1) Todd River Managing Director Will Dix said: “This Maiden Mineral Resource shows that Hendrix is a robust discovery with strong grades and significant growth potential. Given the style of mineralisation, it would be unusual for the deposit to exist in isolation. We are confident that our ongoing exploration program will lead to increases in the inventory at the Hendrix deposit and across our 100% owned Mt Hardy Cu-Zn Project. “The Mt Hardy Cu-Zn Project has numerous high-priorirty targets nearby the Hendrix deposit and we look forward to commencing the next phase of drilling and other exploration work at Mt Hardy in August as part of our strategy to establish an Australian base metals project with both scale and high grades.” | |
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