A resource update was published for Kharmagtai in December 2021. This is compliant with both JORC 2012 and NI43-101 standards. Key assumptions, data sources and data reliability/quality information relating to this resource can be found in the Kharmagtai Technical report lodged on SEDAR, dated 28 February 2022.
|Resource||Cutoff (% CuEq)||Classification||Tonnes (Mt)||Grades||Contained Metal|
|CuEq (%)||Cu (%)||Au (g/t)||CuEq (Mlbs)||CuEq (kt)||Cu (kt)||Au (koz)|
OC = Open Cut
UG = Underground
See ASX/TSX Announcement dated 28 February 2022 Technical Report to Support Kharmagtai Mineral Resource Upgrade for full details of resource estimation methodology and attributions. Note: All figures may not sum exactly due to rounding.
There are three deposits with resources at Kharmagtai, Stockwork Hill, White Hill and Copper Hill.
Stockwork Hill consists of two high-grade outcropping stockwork zones, the northern and southern stockwork zones with a larger body of high grade tourmaline breccia at depth. White Hill consists of a much larger, moderate grade zone of stockwork mineralisation 800m south of Stockwork Hill. Copper Hill is a smaller, high-grade zone of stockwork mineralisation offset at depth by a low angle fault. Work is underway to determine the direction of off-set and the location of this offset mineralisation, as the grades at Copper Hill make this an attractive target.