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Mincor Reports Q2 Production of 1,713 Tonnes of Nickel in Ore
Jul. 29, 2015 04:17PM PST
Base Metals Investing Mincor Resources NL (ASX:MCR) released its Q2 report, commenting that it achieved its full-year production goal of 8,632 tonnes of nickel in ore. Meanwhile, Q2 production came in at 1,713 tonnes of nickel in ore.
Mincor Resources NL (ASX:MCR) released its Q2 report, commenting that it achieved its full-year production goal of 8,632 tonnes of nickel in ore. Meanwhile, Q2 production came in at 1,713 tonnes of nickel in ore.
Other highlights include:
- Drilling completed at Durkin North with high-grade intersections in KDD024:
- 1.96 metres @ 6.18% Ni (true width 1.51 metres)
- 1.73 metres @ 6.87% Ni (true width 1.45 metres)
- Drilling completed at Burnett (B01) with strong intersections including:
- 7.02 metres @ 4.30% Ni (true width 3.6 metres)
- 7.29 metres @ 3.22% Ni (true width 4.9 metres)
- Mineral Resource estimates completed on Mincor’s major new growth projects – capping a year of unprecedented exploration success for Mincor in Kambalda:
- 46% increase in Upper Durkin North Mineral Resource – lifting total Durkin North Resource by 12% to 427,000 tonnes @ 5.2% Ni for 22,400 tonnes contained nickel.
- 27% increase in B01 Mineral Resource at Burnett lifting total Burnett Resource by 8% to 241,000 tonnes @ 4.0% Ni for 9,700 tonnes contained nickel.
- Maiden high-grade Mineral Resource announced for Voyce of 64,000 tonnes at 5.2% Ni for 3,400 tonnes contained nickel.
- Maiden “Exporation Target” defined at Cassini of between 400,000 and 500,000 tonnes at between 3% and 4% Ni.
- Feasibility studies underway at Burnett and planned for completion at Durkin North by calendar year-end. Conceptual scoping studies completed at Cassini.
Click here to read the full Mincor Resources NL (ASX:MCR) press release.