Adriatic Discovers Thickest and Highest Grade Intercept to Date

Adriatic’s CEO said that for Rupice the company will declare a maiden resource estimate in the first half of this year.

Adriatic Metals (ASX:ADT) has announced that it has received assay results from several drill holes from the programme at Rupice in Bosnia and Herzegovina.

As highlighted in the press release:

  • Hole BR-36-18 drilled to test the down-dip extent of mineralization intersected in BR-3-18 returned: 72m at 18.3 percent zinc, 10.7 percent lead, 211 grams per tonne (g/t) silver, 2.5 g/t gold, 2.5 percent copper, and 25 percent barium sulfate from 206m.
  • Hole BR-25-18 drilled to the south of historic hole BR-76-89 in an area previously untested, returned: 46m at 12.7 percent zinc, 9.6 percent lead, 309 g/t silver, 4.1g/t gold, 1.0 percent copper, and 40 percent barium sulfate from 218m.
  • Hole BR-32-18 drilled 35m to the west of BR-25-18 in an area previously untested intersected two mineralized lenses, the lower one returned: 20m at 8.2 percent zinc, 5.6 percent lead, 479 g/t silver, 4.1 g/t gold, 0.5 percent copper, and 60 percent barium sulfate from 228m.
  • Hole BR-33-18 drilled 25m to the east of BR-25-18 in an area previously untested intersected two mineralized lenses, the lower one returned: 36m at 4.9 percent zinc, 3.2 percent lead, 306 g/t silver, 2.7 g/t gold, 0.5 percent copper, and 45 percent barium sulfate from 228m
  • Hole BR-35-18 drilled 35m to the SE of BR-25-18 in an area also previously untested intersected two mineralized lenses, the lower one returned: 32m at 2.1 percent zinc, 2.6 percent lead, 220 g/t silver, 2.0 g/t gold, 0.2 percent copper, and 32 percent barium sulfate also from 228m.

CEO of Adriatic, Geraint Harris said:

“Our focus in early 2019 will be to extend the high-grade zones to the north and south-east and also to improve our understanding of the system between Rupice North and Jurasevac-Brestic. At Rupice we will declare a maiden resource estimate in the first half of this year. Also, metallurgical, geo- technical and hydro-geological studies are underway, which will feed into a scoping study, the exploitation permit application and ultimately a feasibility study. We look forward to a busy, and successful 2019.”

Click here to read the full Adriatic Metals (ASX:ADT) press release.

Hastings Technology Metals Ltd Measured and Indicated Mineral Resource Tonnes Up by 54%

Perth, Australia (ABN Newswire) – Australia’s next rare earths producer, Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM), is pleased to announce a material increase in Mineral Resource Estimate at its Yangibana Rare Earths Project (Yangibana) in Western Australia’s Gascoyne region.

Highlights

– Measured and Indicated Mineral Resource tonnes increased by 54% to 16.3Mt for Yangibana deposits drilled during 2020.

Keep reading... Show less

ASI certifies Rio Tinto’s ISAL smelter for responsible production

Rio Tinto’s ISAL smelter in Iceland has been certified by the Aluminium Stewardship Initiative (ASI) for meeting the highest internationally recognised standards for responsible aluminium production.

The certification continues Rio Tinto’s leadership of the industry on responsible aluminium production from mine to metal, and means customers can be assured aluminium produced at ISAL meets independent environmental, social and governance standards.

Keep reading... Show less

Rio Tinto updates details of tailings facilities

Rio Tinto today released updated information in relation to its global tailings facilities to align with the requirements of the Global Industry Standard for Tailings Management (GISTM) released in August 2020, an initiative co-convened by the International Council on Mining and Metals, United Nations Environment Programme and the Principles for Responsible Investment.

The latest disclosure at http://www.riotinto.com/tailings builds on previously disclosed information on each of Rio Tinto’s global tailings facilities released in June 2019 and the publication of Rio Tinto’s Group Procedure and updated Standard for ‘Management of tailings and water storage facilities’ in February 2019. The changes to existing data are in line with guidance contained in GISTM including updating information previously disclosed.

Keep reading... Show less

Hastings Technology Metals Ltd Quarterly Activities Report

Perth, Australia (ABN Newswire) – Australia’s next rare earths producer, Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) is pleased to report on exploration and development activities for the three-month period to 31st March 2021. Most of the activity focused on the Company’s Yangibana Rare Earths Project (“Yangibana”) in the Gascoyne region of Western Australia.

Highlights

– Hastings raised $100.7 million (before costs) through a two-tranche equity placement priced at $0.19 per share, with funds to be used to advance development of the Yangibana Rare Earths Project.

Keep reading... Show less

Argyle Diamond Mine Closure: What’s Next for the Sector in Australia?

Click here to read part one of this article, which covers the closure of the Argyle diamond mine.

When the mining equipment permanently shut down at Western Australia's Argyle mine in November 2020, the country's diamond sector entered a transitional period.

As the world's fourth largest diamond-producing asset shuttered, domestic output of the gems instantly declined by as much as 90 percent.

Keep reading... Show less

Top News

Related News