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Tamerlane Ventures Inc.(TSXV:TAM) announced the results from its recently updated technical report for the Pine Point project. The results report on the R-190 area and five other zinc deposits at Pine Point. The report was prepared by MineTech International Ltd.
Tamerlane Ventures Inc.(TSXV:TAM) announced the results from its recently updated technical report for the Pine Point project. The results report on the R-190 area and five other zinc deposits at Pine Point. The report was prepared by MineTech International Ltd.
Tamerlane, CEO, Mike Willett, said:
We are very pleased with the results of the updated technical report for R-190 and the other five deposits covering the initial 8 years of mining at Pine Point. In 2011, we spent a significant amount of time and money reviewing all aspects of the project, including the access method for the underground deposits. As a result, we determined that the portal/decline method will significantly lower the technical complexity of the project, in addition to providing various cost savings and logistical benefits. Today’s report not only confirms the benefits of the portal/decline access method, but also verifies the overall economic feasibility of the Pine Point Project, using current quotes, cost estimates and other critical inputs.
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