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Turquoise Hill Resources Ltd.
Summary
| Project: | Oyu Tolgoi | |
|---|---|---|
| Deposit: | Oyu Tolgoi | |
| Location: | Mongolia | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 10/21/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 21-10-2016: Turquoise Hill Resources Ltd. announces a Resource Estimation report for its Oyu Tolgoi deposit at the Oyu Tolgoi project. Updated Oyu Tolgoi technical report. The Oyu Tolgoi copper and gold project (Oyu Tolgoi) is located in the Southern Gobi | |
| Resources: | (Reserve, P+P): 1450Mt @ 0.86% Cu, 0.30g/t Au, 1.97g/t Ag at project | |
| CP/QP: | [Resources]: Sharron Sylvester (OreWin Pty Ltd.) | |
| ABSTRACT: | The Oyu Tolgoi copper and gold project (Oyu Tolgoi) is located in the Southern Gobi region of Mongolia and is being developed by OT LLC. Oyu Tolgoi consists of a series of deposits containing copper, gold, silver, and molybdenum. The deposits lie in a structural corridor where mineralization has been discovered over 26 km strike length from Ulaan Khud in the north and Javkhlant in the south. The deposits stretch over 12 km, from the Hugo North deposit in the north through the adjacent Hugo South, down to the Oyut deposit and extending to the Heruga deposit in the south. Independent Qualified Persons (QP), acting on behalf of TRQ, reviewed the available studies as part of the preparation for the 2016 OTTR and in conjunction with TRQ prepared the 2016 OTTR with costs to the end of 2016 as reported to TRQ by OT LLC. The 2016 OTTR used only Measured and Indicated Mineral Resources and is a complete study of all aspects of the project. The 2016 OTTR presents a reserve case (2016 Reserves Case) and is based on a feasibility quality level study complying with NI 43-101. The work of the 2016 OTTR meets the standards of US SEC Industry Guide 7 requirements for reporting Reserves. | |
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