Myanmar increases resource confidence at Bawdwin
PERTH (miningweekly.com) – ASX-listed Myanmar Metals has reported a 50% increase in the indicated resource estimate for its Bawdwin polymetallic mine, in Myanmar, which is now estimated to host the world’s largest primary lead resource.
The indicated mineral resource has now been estimated at 37.2-million tonnes, at 4.3% lead, 114 g/t silver, 2.4% zinc and 0.2% copper, an increase of 12.4-million tonnes on the previous estimate.
The global indicated and inferred resource for the Bawdwin project now stands at an estimated 94.2-million tonnes, at 4.2% lead, 107 g/t silver, 2.1% zinc and 0.2% copper.
“Bawdwin continues to grow, not only in resource tonnes but in stature as a globally significant source of silver and base metals for the remainder of this century,” said Myanmar CEO and chairperson John Lamb.
“The late 2018 drilling campaign that underpins this update was confined to the area of the planned China pit. It aimed to improve our understanding and tighten up our resource modeling parameters, and to increase drill density and confidence in the vicinity of the pit.”
Lamb said that the increased resource confidence would allow the company to focus on the engineering, process design, cost estimation, operational planning and all related functions for a prefeasibility study.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation