2.1 C
Belgrade
Supported byspot_img
spot_img

Romania: Vast Resources encouraged by drill results

Member of Europium Groupspot_img
Supported byspot_img

Vast Resources has reported similar grade of copper and zinc from exploration drilling to those recorded from mining at the Manaila polymetallic mine in Romania.
The junior is exploring to establish a JORC compliant resource at the site by the end of this quarter.

Under the Soviet methodology used previously, the site holds 1.8Mt including lead at 0.95%, zinc at 1.86%, copper at 1.17%, gold at 0.63g/t and silver at 45.97g/t

Drilling around the open pit workings indicated roughly similar grades or better for copper and zinc. No new details of gold and silver grades were given.

Supported by

Roy Pitchford, chief executive, said: “These are encouraging results and are expected to increase the open cut and underground mine life at Manaila. Extending the mine life will add further impetus to the concept of establishing a metallurgical plant at Manaila to avoid the haulage of ore and tailings to and from the metallurgical facilities at Iacobeni. The current progress towards producing separate copper and zinc concentrates at Iacobeni will be enhanced by mining future higher grade copper ore.”

source: energyworldmag.com

Supported byElevatePR Digital

Related News

Current Accusations Against Tara Resources, the Concessionaire, Found to Be Unsubstantiated

The most likely outcome, if the concession agreement for the Brskovo mine is terminated, is that the concessionaire, Tara Resources, will initiate arbitration against...

Titan Lithium Plans Establishment of Lithium Processing Plant in the UAE

KEZAD Group, the largest operator of integrated and purpose-built economic zones, and UAE-based Titan Lithium have announced the signing of a 50-year land lease...

Outdated 1872 Law Exempts Gold, Silver, and Lithium Mining on Federal Land from Royalties to the US Treasury

When Congress opened U.S. public lands for mining in 1872, the nation was less than a century old. Miners used picks, shovels and pressurized...

Allied Nations, Including US, Advance Rare Earth Recovery Initiatives in Response to China’s Dominance

Rare Element Resources is working to establish US-based rare earth production using innovative recovery and separation technology. Forty years ago, China understood something long before...
Supported by
Supported by
Supported by
error: Content is protected !!