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    cobalt investing

    Katanga Mining Announces Ore Reserves and Mineral Resources

    Priscila Barrera
    Feb. 01, 2018 08:53AM PST
    Battery Metals

    Katanga Mining Limited (TSX: KAT) (“Katanga” or the “Company”) is pleased to announce its ore reserve and mineral resource estimates as at December 31, 2017. As quoted in the press release: Key Updates: Mineral Resources Overall, the measured and indicated mineral resource for Kamoto Copper Company SA (“KCC”) (in which the Company has a 75% interest) increased by …

    Katanga Mining Limited (TSX: KAT) (“Katanga” or the “Company”) is pleased to announce its ore reserve and mineral resource estimates as at December 31, 2017.

    As quoted in the press release:

    Key Updates: Mineral Resources

    • Overall, the measured and indicated mineral resource for Kamoto Copper Company SA (“KCC”) (in which the Company has a 75% interest) increased by 7.7 million tonnes since December 31, 2016, consisting of the following:

      • Changes in the indicated mineral resource are related to the addition of 7.8 million tonnes in the Kamoto Interim Tailings Dam (“KITD”), as a result of the 2017 drilling program.

      • Changes in the indicated mineral resource for the KOV Open Pit, KOV Underground, and KTE is a decrease of 0.1 million tonnes due to mining depletion during 2017.

      • Changes in the inferred mineral resource category for KOV Open Pit, KOV Underground and KTE is a decrease of 0.2 million tonnes due to mining depletion during 2017.

    Click here for the full text release

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