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AMG Advanced Metallurgical Group NV (AMS:AMG) announced that it has updated its tantalum resource estimates for its Volte Grande mine in accordance to the National Instrument 43-101 guidelines.
AMG Advanced Metallurgical Group NV (AMS:AMG) announced that it has updated its tantalum resource estimates for its Volte Grande mine in accordance to the National Instrument 43-101 guidelines.
As quoted in the press release:
The Technical Report on Mineral Resources states that AMG Mineração’s Volte Grande mine has 14.7 million tons of measured and indicated resources. Those resources include tantalum, niobium, tin and lithium. This report is based upon drillings and research done during the 2011-2012 core drilling campaign and certain economic assumptions that reflect today’s current market prices and extraction costs.
Click here to read the full AMG Advanced Metallurgical Group NV (AMS:AMG) press release.
