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    Regal Resources Limited Upgrades JORC Resource at Kalongwe Copper-Cobalt Deposit

    Kristen Moran
    Feb. 05, 2015 03:28PM PST
    Base Metals Investing

    Regal Resources Limited (ASX:RER) announced its updated JORC Mineral Resource estimate shows upgrades in both quality and quantity at Kalongwe copper-cobalt deposit.

    Regal Resources Limited (ASX:RER) announced its updated JORC Mineral Resource estimate shows upgrades in both quality and quantity at Kalongwe copper-cobalt deposit.

    Highlights of the report include:

    • The new Measured, Indicated and Inferred Mineral Resource totalsĀ 11.17Mt @ 2.70% Cu (0.5% Cu cut off) including 29.700t Co, andĀ 2.29Mt @ 0.57% Co (using 0.2% Co cut off).
    • There is almost a 75% conversion of the previous Inferred resource in to Measured & Indicated categories.
    • Average grade for the Measured Mineral Resource is 3.61% Cu, located in the upper 50m of the Mineral Resource emphasizing the very high grade nature of the near surface Cu mineralization.

    Click here to read the fullĀ Regal Resources Limited (ASX:RER) press release.

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