Material Increase in Mt Carbine Ore Reserve
Filed with ASX · · 54 pages · English
Summary by 6ix AI
The updated estimate reflects the results of additional drilling and improved resource modeling, which have enhanced the project's economic viability. The filing also discusses the implications of a reduced strip ratio, which is expected to extend the mine's operational life. This announcement serves to inform stakeholders about the updated Ore Reserve and its potential impact on the company's future operations and financial performance.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from EQ Resources
- Increased Tungsten in Updated Mt Carbine Mineral Resource
- Quarterly Activities and Cash Flow Report June 2022
- Accelerating the Mt Carbine Tungsten Project
- EQR Sydney Mining Club Presentation
- High Grade Tungsten Intercepts in Near-Pit Drilling
Later from EQ Resources
- Complementary Royalty Funding for Mt Carbine Development
- EQR Raises $4.56 Million in a Well-Supported Placement
- Quarterly Activities and Cash Flow Report September 2022
- Strong BFS Update Delivers 59% Increase in NPV
- Drilling Targeting New Discoveries and Potential Expansion
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