Anglo Asian completes Mineral Resource Estimate for copper deposit

Xarxar Deposit:

• 24.9 million t of mineralisation with average grades of 0.48% copper.
• 22 million t of mineralisation containing 106 000 t of copper within the Measured plus Indicated JORC categories.
• Total in-situ mineral resource of 119 100 t of copper.
• 66 drill holes with a total length of 21 707 m used for the maiden Mineral Resource Estimate.
• A 470 m exploration audit was excavated for underground drilling and sampling.

Stephen Westhead, Vice-President of Anglo Asian, commented:

“The maiden JORC Mineral Resource Estimate for the Xarxar Deposit demonstrates that this is a substantial resource, containing over 100 000 t of copper. We are confident that the Xarxar mine will be a significant contributor to our future production, enabling the company to deliver future growth and attractive returns to shareholders.

“To further expand the current mineral resources estimate, work will include surface infill drilling to the east of the deposit, deposit geotechnical and hydrogeological drilling, and drilling to supply samples for further metallurgical testwork. Additional core drill samples will also be subject to external quality assurance and control. This will enable mineral resources to be reclassified from Indicated to Measured in preparation for the full mining study.”

Read the article online at: https://www.globalminingreview.com/mining/20022024/anglo-asian-completes-mineral-resource-estimate-for-copper-deposit/