Examples of Inferred Mineral Resource in a sentence
At Santa Elena M&I totalled 18.8 million ounces of silver and 544,000 ounces of gold, corresponding to 70.8 million ounces of silver equivalent representing an 11% increase.⮚ Inferred Mineral Resource estimates for the Company’s material assets totalled 235.1 million silver equivalent ounces consisting of 75.3 million ounces of silver and 2.08 million ounces of gold.
A summary of the Copper Projects is set out below.Queensland Project The Company announced obtaining rights to the Queensland Project in its announcement of 18 August 2021 which also addresses the prospectivity of this Project The Queensland Project contains a JORC Code Inferred Mineral Resource of 143Mt @ 0.29% copper at a 0.2% cut-off grade and is close to major infrastructure including Gladstone deep-water port, 50km to the east.
Undrilled porphyry copper mineralisation is visible at surface within a 2km geochemical anomaly surrounding the Inferred Mineral Resource, indicating excellent potential to substantially increase the size of the resource with further exploration drilling.
Indicated Mineral Resource Inferred Mineral Resource Cut-offsTonnes Tonnes Company The information in this report which relates to Mineral Resources is based on information compiled by Mr Zhu and Dr Jia, full time employees of SRK Consulting (China) Ltd and members of the Australasian Institute of Mining and Metallurgy.
Maiden JORC (2012) Inferred Resource EstimateOn 6 February 2018, the Company announced a Maiden independent Inferred Mineral Resource estimate completed in accordance with JORC (2012) in respect of the Toral Project, Spain.