Business
Leigh Creek Production and Resource Update
Leigh Creek Production and Resource Update.
About this update from Strategic Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 8395V Strategic Minerals PLC 11 April 2019 \n\nMarket Abuse Regulation (MAR) Disclosure\nCertain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.\n \n11th April 2019\nStrategic Minerals plc\n(\"Strategic Minerals\", \"SML\" or the \"Company\")\nLeigh Creek Copper Mine Recommences Heap Leach Operations at the Mountain of Light\nStrategic Minerals plc (AIM: SML; USOTC: SMCDY), a producing mineral company actively developing projects prospective for battery materials, is pleased to announce that its Leigh Creek Copper Mine (\"LCCM\") operations have recommenced copper production at the Mountain of Light processing facility and has, as a result of drilling, upgraded the estimated JORC copper resource at Paltridge North by 46% to 10,800 copper metal tonnes. The recommencement of production has been achieved with the completion of the plant refurbishment and the trial reactivation of the existing processing plant and heap leach pads. \nHighlights:-\n \n· First tonne of copper production in a cement product (approximately 70% Cu) completed at the Mountain of Light processing plant. \n· Reactivation of existing heap leach pads with the completion of turning over of the pad material, irrigation with diluted sulphuric acid, and successful activation of the copper sulphate solution with iron through the twin Kennecott cones. \n· Targeting to be Australia's largest copper cement producer by mid-2020. \n· Reactivation of the existing heap leach pads fully covered under existing permits. \n· Resource update for the Paltridge North deposit completed resulting in a 46% uplift.\no Indicated Resource: 909,000 tonnes @ 0.80% Cu\no Inferred Resource: 514,000 tonnes @ 0.68% Cu\no Total Resources: 1,423,000 tonnes @ ...