The Conversation (0)
Eurotin Inc (TSXV:TIN) provided a resource update for its Oropesa tin project in southern Spain, which saw a significant improvement in grades.
Eurotin Inc (TSXV:TIN) provided a resource update for its Oropesa tin project in southern Spain, which saw a significant improvement in grades.
As quoted in the press release:
Improved geological interpretation results in better grades. The table below highlights the differences between the higher grade portion (above a cut-off of 0.2% Sn) of the recently received 2015 Mineral Resource estimate and the Mineral Resource estimate received by the Company in June 2014, both of which were prepared by SRK:
The differences between the two sets of resource figures are primarily the result of:
- The updated geological interpretation, independently confirmed by SRK, which reflects a more stratabound and folded mineralisation model
- Increase in the assay cut-off grade boundaries between mineralized zones and the lower grade host rock from 0.1% Sn to 0.25% Sn, retaining good continuity
- Reporting of additional block model material at depth, supported by the greater depth considered to be reasonable for eventual open pit mining which has allowed the full extents of the geological model (to 265 m from surface) to be reported as a Mineral Resource
- The inclusion of results from previously drilled, but only recently assayed drill core
- The results of the April 2015 drill program
Click here to read the full Eurotin Inc (TSXV:TIN) press release.