The Manono lithium project in the Democratic Republic of Congo is estimated to contain 4.25 million t of lithium oxide, 219 000 t of tin as cassiterite and 11 200 t of tantalite.
Exploration & development
The funds will be invested in detailed engineering work on key elements of the project, the development of a rail construction camp and the first stage of the Koodaideri accommodation camp.
McEwen Mining Inc. has reported a 45% increase in gold equivalent ounces (GEOs) in its second quarter results for the period ended 30 June 2018.
New Dimension Resources Ltd shares its drilling results results from its Phase 1 diamond drilling programme at the Los Cisnes project.
A measured resource of 366 000 lithium carbonate equivalent has been declared at Pular, along with an inferred resource of 113 000 t.
During the first 10 years of full production, Quellaveco is expected to produce approximately 300 000 tpy at a cash cost of US$1.05 per pound of copper.
IDM Mining releases its surface sampling results from trenching at the Money Rock zone with a key highlight being the company achieving its highest silver value to date at the at the Lost Valley target.
Copper Mountain Mining Corp. releases its up-to-date drill results from its 3-phase drilling programme at its New Ingerbelle property in British Columbia.
Roxgold Inc. releases its second quarter (2Q18) and first half (1H18) production results for 2018, with a key highlight being record quarterly processing throughput achieved for the second quarter.
As the Peruvian Ministry of Energy and Mines has deemed Miramont Resources Corp.’s (Miramont) permit to be not eligble for automatic approval, Miramont is to continue to await approval of its drilling permit for exploration drilling at its Cerro Hermoso project in Southern Peru.
Piedmont Lithium Ltd (Piedmont) shares the results of the company’s Scoping Study for its Piedmont Lithium project in North Carolina (USA).
On 16 July, Colibri Resource Corp. released its latest assay results for its Pilar Gold project in Sonora (Mexico) with a key highlight being an intersection of 61 m of 0.75 g/t gold.
Metal Tiger's latest update regarding the company’s joint venture (JV) project with partner MOD Resources Ltd (MOD) in the Kalahari Copper Belt in Botswana shows a 13% increase in contained copper.