Metals Australia reports maiden resource in Quebec
PERTH (miningweekly.com) – Junior Metals Australia has reported a maiden Joint Ore Reserves Committee resource of 13.3-million tonnes, grading 11.5% total graphitic carbon, for 1.52-million tonnes of contained graphite at its Lac Rainy graphite project, in Quebec.
Metals Australia told shareholders that the mineral resource at Lac Rainy offered significant flexibility for potential development into a long life, high-grade graphite mining operation, and had the potential to be mined using opencut mining methods, with low strip ratios.
More than 90% of the current global resource is located within the first 100 m of the deposit.
“The delivery of the maiden resource estimate at Lac Rainy signifies the culmination of our significant exploration efforts over the last 18 months. When we acquired Lac Rainy, it was a greenfield exploration project. Today, Lac Rainy possesses a significant high-grade resource which remains open along strike as well as down dip and plunge, indicating significant exploration upside,” said Metals Australia director Gino D’Anna.
“Our resource is readily and rapidly expandable. We demonstrated that through the discovery of the West Carheil graphitic trend, which has a similar genesis as the Main Cargheil graphitic trend. The Lac Rainy project offers significant flexibility, it has projected low strip ratios, can be readily accessed through openpcut mining methods and has consistently delivered exceptionally high-grade results.”
Metals Australia is planning to start its first round of product specification test work, and is hoping to deliver a scoping study on the project by late 2020.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...
VISIT SHOWROOM
At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.
VISIT SHOWROOM
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
