Centaurus Metals LimitedASX: CTM

Updated Ore Reserve Estimation - Jambreiro Iron Ore Project

· Issued by Centaurus Metals Limited

Filed with ASX · · 9 pages · English

Summary by 6ix AI

Centaurus Metals Limited has released an updated Ore Reserve estimation for the Jambreiro Iron Ore Project, detailing a significant increase in the Proven component of the reserve estimate. The updated Proven and Probable JORC Ore Reserve is calculated at a substantial amount with a specific grade for the friable component of the project. This estimation supports a projected mine life of nine years at a planned production rate, with a notably low strip ratio.

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