Projects
Resources
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) | ||||
| 2021 | 0.2(OC) | Indicated | 455 | 0.4 | 0.3 | 0.2 | 4,078 | 1,850 | 1,250 | 3,700 |
| 0.3(UG) | Inferred | 664 | 0.3 | 0.2 | 0.2 | 5,140 | 2,330 | 1,680 | 4,100 | |
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.
