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Lithic Resources Ltd. (TSXV:LTH) announced that the final report on a Preliminary Economic Assessment of its 100% owned Crypto project is now available. The study showed that a conventional underground mind and mill complex producing clean, high value zinc-indium and copper-gold-silver concentrates would be the most likely development scenario at Crypto.
Lithic Resources Ltd. (TSXV:LTH) announced that the final report on a Preliminary Economic Assessment of its 100% owned Crypto project is now available. The study showed that a conventional underground mind and mill complex producing clean, high value zinc-indium and copper-gold-silver concentrates would be the most likely development scenario at Crypto.
As quoted in the press release:
The study also noted that although the project has not yet reached the economic threshold, there are higher grade zones within the resource and that in aggregate, these represent 55-60% of the minimum grade and tonnage required for an economic outcome. Since the deposit is open in several directions, there is good potential to expand existing sulphide and oxide resources and very good potential for the discovery of new zones beyond these extensions.
Click here to read the Lithic Resources Ltd. (TSXV:LTH) press release
