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JORC Mineral Resources and Reserves - Gedabek
JORC Mineral Resources and Reserves - Gedabek.
About this update from Anglo Asian Mining Plc
[{"type":"text","content":"\n \nRNS Number : 8105S Anglo Asian Mining PLC 14 March 2019 \n\nAnglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining\n \n 14 March 2019\nAnglo Asian Mining plc\nGedabek Open Pit - JORC Mineral Resources and Reserves Reports \nFull JORC Reporting now released together with Life of Mine Estimate\nAnglo Asian Mining plc (\"Anglo Asian\" or the \"Company\"), the AIM listed gold, copper and silver producer, is pleased to announce the release of complete Mineral Resources and Mineral Reserves reports, estimated in accordance with the JORC (2012) code, for the Gedabek open pit located at the Company's Gedabek licence area (\"Gedabek\") in Western Azerbaijan (the \"JORC Reports\"). \nThese JORC Reports provide supplementary information to the announcement and JORC Table 1 release of 18 September 2018, including a life of mine schedule for the Gedabek open pit. The resource estimate is based on a robust geological model, which benefits from information gathered during the mining of the deposit, recent geological work and exploration drilling. \nGedabek JORC (2012) Mineral Resource and Reserves\n· Mineral Resources and Ore Reserves classified according to the JORC Code are now completed giving detailed back-up to information released on 18 September 2018\n· Life of Mine scheduled until 2024 taking into consideration blending of ores from other mines\n· Mineral Resources and Ore Reserves for the Gedabek open pit unchanged from those previously released\n \nThe Gedabek open pit JORC Mineral Resources Report can be accessed via the following link:\nhttp://www.rns-pdf.londonstockexchange.com/rns/8105S_2-2019-3-13.pdf\nThe Gedabek open pit JORC Ore Reserves Report can be accessed via the following link:\nhttp://www.rns-pdf.londonstockexchange.com/rns/8105S_1-2019-3-13.pdf\n \nMine Development Update\n· Mining excavation capacity has been increased by the addition of two new excavators purchased by a Company mining contractor.\n· The optimisation programme for the improvement of fragmentation during blasting has yielded positive results as reflected in the improved mining cycle times and reduced choking of the protective grizzly grid ahead of the jaw crushers.\n· Exploration drilling continues on t...