Business
Deep-South Discloses a NI 43-101 Indicated Resource of 457 MT @ 0.31% Cu and an Inferred Resource of 342 MT @ 0.29% Cu and METS is Near to Completing a Preliminary Economic Assessment (PEA) on Haib Copper in Namibia
(via TheNewswire) -- Haib hosts an indicated resource containing 3.12...
About this update from Koryx Copper S.a.
[{"type":"text","content":"Deep-South Discloses a NI 43-101 Indicated Resource of 457 MT @ 0.31% Cu and an Inferred Resource of 342 MT @ 0.29% Cu and METS is Near to Completing a Preliminary Economic Assessment (PEA) on Haib Copper in Namibia(via TheNewswire)\n \n \n\n\n--Haib hosts an indicated resource containing 3.12 billion pounds and an inferred resource containing 2.19 billion pounds, at a cut-off grade of 0.25% Cu; \n\n\n\n \n \nVancouver, B.C., Canada / TheNewswire / January 16, 2018 - Deep-South Resources Inc. (\"Deep-South\" or \"the Company\") (TSX-V: DSM) has disclosed today its independent NI 43-101 Resource estimation on the Haib Copper project in Namibia. Deep-South has also announced that Midas Engineering and Technical Services of Australia (\"METS\") has been appointed to complete a Preliminary Economic Assessment (\"PEA\"), that should be available by the end of February 2018.\n\n \n \nMr. Pierre Leveille, President & CEO of Deep-South stated that: \"With the initial resource estimation completed and the PEA nearly completed, we will now start to evaluate our options and start planning a pre-feasibility study, including further drilling and metallurgy test work.\"\n\n\n \nHighlights of the Haib Mineral Resource estimate, prepared for Deep-South by P & E Walker Consultancy and Obsidian Consulting Services, both of South Africa, in accordance with the 2014 CIM Definition Standards for Mineral Resources and Mineral Reserves: \n\n\n \nTable-1: Classified mineral resources of the Haib Project at a 0.25% Cu cut-off grade:\n\n \n\nResource Class\n\n\n\n\nxMillion Tonnes\n\n\n\n\nCu(%)\n\n\n\n\nContained Cu x billion lbs \n\n\n\n\nIndicated\n\n\n\n\n456.9\n\n\n\n\n0.31\n\n\n\n\n3.12\n\n\n\n\nInferred\n\n\n\n\n342.4\n\n\n\n\n0.29\n\n\n\n\n2.19\n\n\n\n \nNotes:\n\n\n \n\n\n1.Dean Richards of Obsidian Consulting Services, a Member of the Geological Society of South Africa and Professional Natural Scientist (Pr. Sci. Nat) with the South African Council for Natural Scientific Professions (SACNASP), estimated the Mineral Resources under the supervision of Peter Walker of P & E Walker Consultancy, both of whom are the Qualified Persons for the Mineral Resource Estimates. The effective date of the estimate is January 15, 2018. Mineral Resources are estimated using the CIM Definition Standards for Mineral Resources and Reserves (2014). \n\n\...