Centaurus Metals LimitedASX: CTM

Maiden Ore Reserve Estimate for Jambreiro Iron Ore Project

· Issued by Centaurus Metals Limited

Filed with ASX · · 10 pages · English

Summary by 6ix AI

Centaurus Metals Limited has announced a maiden Ore Reserve estimate for its Jambreiro Iron Ore Project, detailing a Proven and Probable Ore Reserve of significant tonnage with a specific iron content grade. The Ore Reserve is projected to support operations for a substantial duration at a defined production rate, with low operating costs due to favorable strip ratios. The report also outlines plans for further drilling to upgrade reserves and enhance resource classification in the future.

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

Centaurus Metals Limited on 6ix