Interim reports maiden resource at Anthill
PERTH (miningweekly.com) – Explorer Intermin Resources has reported a maiden mineral resource of 1.42-million tonnes, grading 1.72 g/t gold for 78 000 oz at its Anthill project, in Western Australia.
Some 75% of the resource is classified as indicated, with Intermin telling shareholders on Tuesday that the mineralisation remained open in all directions.
With the report of the maiden mineral resource, Intermin’s total mineral resource has now grown to 6.36-million tonnes, grading 2.12 g/t gold for 434 000 oz.
“The successful drilling at Anthill in 2017 has confirmed the company’s geological interpretation and the initial mineral resource is an excellent base on which to grow the project,” said MD Jon Price.
“Intermin takes a very conservative and economic approach to resource estimation and typically applies higher cutoff grades as we commence initial development studies.”
Price noted that the company was now working on an extensional and new discovery drill programme, planned for the June quarter, with the belief that Anthill and new targets identified within the project area had the potential to be a significant part of the company’s future production pipeline.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
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