Redcorp increases M&I resources by 44% | 3 March 2021 stockmarketwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stockmarketwire.com Daily Mail and Mail on Sunday newspapers.
Mineral and Financial Investments Limited Investment Update: Redcorp Increases M&I Resources By 44% & Inferred Resources By 21% At Lagoa Salgada South Zone HIGHLIGHTS: · Measured and Indicated Resource Estimate increased by 44% to 4.4Mt at 1.51% CuEq[1] Inferred Resource increased 21% to 7.7 Mt at 1.41% CuEq
1 · Demonstrates significant growth from successful Phase 1 drill program · Phase II drill program underway to expand South Zone with intent to eclipse North Zone · This resource is in addition to the Lagoa Salgada North Zone M&I resource GEORGE TOWN CAYMAN ISLANDS, March 3, 2021 - Mineral and Financial Investments Limited (LSE-AIM: MAFL) ( M&FI or the Company ) is very pleased to announce that Redcorp Empreedimentos Mineiros Lda. (Redcorp), M&FI s 75% owned investee company, has received an updated Mineral Resource Estimate, funded