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Elementos Ltd (ASX:ELT, OTC:ELTLF) has demonstrated an increase in geological confidence by upgrading the inferred and indicated mineral resource categories. ....
PNX Metals Ltd boosts gold confidence at Glencoe thanks to upgraded resource proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
MetalNRG plc (LON:MNRG), the natural resource investing and exploration company, provides further details relating to the planned acquisition of Lake Victoria Gold Ltd ( LVG ) (announced 20 th October 2020). 1 compliant Total Resource of 4.73Mt @ 1.92g/t gold 2 based on Resource drilling completed in 2016 and a Mineral Resource Estimate in 2017, for a total of 291,600 oz resources. In addition, an open-pit mining Pre-Feasibility Study ( PFS ) and underground mining Scoping Study was completed by Measured Group Pty Ltd ( MG ) for the Imwelo Project in June 2017 (the Pre-Feasibility and Scoping Study Report or 2017 PFS ) 3. The 2017 PFS considered a conventional drill and blast, load and haul open-pit mining operation based on mining open-pit Reserves of 1.362Mt at 2.22g/t Au for a total 87.66koz gold recovered over 4 years, based on a gold price of US$1,250/oz. The scoping study considered a transition from open-pit mining to undergro ....