Gippsland to obtain Canadian resource estimates for tantalum deposits

- July 8th, 2010

Gippsland Limited (ASX: GIP, FRA: GIX) reports that it has began an independent geological consultant to prepare a Mineral Resources and Ore Reserves Report to its Abu Dabbab and Nuweibi tantalum deposits, Egypt.
While the Australian JORC Code classification is accepted worldwide, the North American market is in general more familiar with, and tends to rely more upon, […]

Gippsland Limited (ASX: GIP, FRA: GIX) reports that it has began an independent geological consultant to prepare a Mineral Resources and Ore Reserves Report to its Abu Dabbab and Nuweibi tantalum deposits, Egypt.

While the Australian JORC Code classification is accepted worldwide, the North American market is in general more familiar with, and tends to rely more upon, the broadly similar Canadian 43-101 classification in relation to Mineral Resources & Ore Reserves.

Jack Telford, Director & CEO of Gippsland says:

“the preparation of a Mineral Resources & Ore Reserves Report compliant with Canadian 43-101 classification will greatly assist in positioning the company in the North American capital markets and in marketing the company’s tantalum products to North American customers, and elsewhere.”

For complete news release, click here.

For Gippsland’s company profile, click here.

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