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Regal Upgrades JORC Resource at Kalongwe Copper-Cobalt Deposit
Feb. 05, 2015 03:31PM PST
Battery MetalsRegal 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 totals 11.17Mt @ 2.70% Cu (0.5% Cu cut off) including 29.700t Co, and 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 full Regal Resources Limited (ASX:RER) press release.
