Centaurus Metals LimitedASX: CTM

Jambreiro Iron Ore Project - Ore Reserve Estimate

· Issued by Centaurus Metals Limited

Filed with ASX · · 17 pages · English

Summary by 6ix AI

Centaurus Metals Limited has announced an updated Ore Reserve estimate for its Jambreiro Iron Ore Project, highlighting a significant amount of high-grade product expected over an extended mine life. The report indicates a Proven and Probable Ore Reserve of a substantial quantity at a specific grade, which supports a positive Pre-Feasibility Study. The project is designed to produce a notable amount of high-grade, low-impurity iron ore, with a valid Mining Licence and environmental approvals already in place. The updated estimate suggests a long operational life at a planned production rate, with a favorable strip ratio and minimal initial mining challenges.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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