Electric IngredientsResources &
OUR PROJECTS
Base MetalsMineral Resources
The company has a total resource base within its Australian Copper-Zinc Projects of 28.7 Mt grading 1.3% Cu, 1.0% Pb, 5.8% Zn, 31.3 gpt Ag and 0.3gpt Au. The Sulphur Springs Project comprising the Sulphur Springs and Kangaroo Caves deposits totals 17.4 Mt grading 1.0% Cu, 0.3% Pb,5.8% Zn and 21.8 g/t Ag. The Woodlawn Project comprising the Woodlawn deposits total 11.3Mt grading 1.8% Cu, 2.1% Pb, 5.8% Zn, 46.0 gpt Ag and 0.5gpt Au.
| Location | JORC Classification | Tonnes (Mt) | Cu % | Zn % | Pb % | Ag g/t | Au g/t | |
|---|---|---|---|---|---|---|---|---|
| Sulphur Springs | Measured | – | – | – | – | – | – | |
| Indicated | 12.4 | 1.2 | 5.6 | 0.3 | 21.8 | 0.1 | ||
| Inferred | 1.4 | 0.2 | 6.4 | 0.5 | 38.4 | 0.2 | ||
| Total | 13.8 | 1.1 | 5.7 | 0.3 | 23.5 | 0.2 | ||
| Kangaroo Caves | Measured | – | – | – | – | – | – | |
| Indicated | 2.3 | 0.9 | 5.7 | 0.3 | 13.6 | 0.0 | ||
| Inferred | 1.3 | 0.5 | 6.5 | 0.4 | 18.0 | 0.0 | ||
| Total | 3.6 | 0.8 | 6.0 | 0.3 | 15.0 | 0.0 | ||
| Woodlawn | Measured | 1.4 | 2.1 | 5.2 | 1.6 | 47.7 | 0.9 | |
| Indicated | 6.8 | 1.8 | 4.7 | 1.7 | 34.6 | 0.4 | ||
| Inferred | 3.1 | 1.6 | 8.5 | 3.3 | 70.0 | 0.5 | ||
| Total | 11.3 | 1.8 | 5.8 | 2.1 | 46.0 | 0.5 | ||
| DVP 100% | Measured | 1.3 | 2.1 | 4.3 | 1.9 | 100 | 1.4 | |
| Indicated | 21.5 | 1.3 | 5.3 | 0.8 | 25.8 | 0.2 | ||
| Inferred | 5.8 | 0.7 | 7.2 | 1.6 | 48.3 | 0.3 | ||
| Total | 28.7 | 1.3 | 5.8 | 1.0 | 28.6 | 0.3 | ||
Lithium-Tantalum
Table 1: Lithium-Tantalum Statement
| Location | Classification | Tonnes (Mt) | Li2O % | Ta2O5 | Contained Li2O (t) | Fe2O3 |
|---|---|---|---|---|---|---|
| Pioneer Dome | Measured | – | – | – | – | – |
| Indicated | 8.6 | 1.23 | 55 | 105,000 | 0.46 | |
| Inferred | 2.6 | 0.92 | 62 | 24,000 | 0.55 | |
| Total | 11.2 | 1.2 | 57 | 129,000 | 0.48 |
Note:
- The Mineral Resources Estimates are reported in accordance with the guidelines of the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). The estimates are reported at 30 June 2024.
- Mineral Resource figures are reported using cut-off grades (Li2O%) or NSR calculation best suited to each deposit.
- Tonnages are dry metric tonnes. Minor discrepancies may occur due to rounding.
OUR PROJECTS
Base MetalsOre Reserves
The Group Ore Reserve Estimates take account of changes to the Mineral Resource base at individual deposits due to new drilling information, updated metal prices, changes to cut-off grades, mining depletion and changes to mine design. Ore Reserve Estimates are based on Mineral Resources classified as being either in the Measured or Indicated categories. The estimates are reported at 30 June 2024.
| Location | Ore Reserve Estimate | Ore (Mt) | Cu % | Pb % | Zn % | Ag g/t | Au g/t |
|---|---|---|---|---|---|---|---|
| Sulphur Springs | UG Proved | – | – | – | – | – | – |
| UG Probable | 8.8 | 1.1 | 0.2 | 5.4 | 20.6 | 0.1 | |
| UG Total Reserve | 8.8 | 1.1 | 0.2 | 5.4 | 20.6 | 0.1 | |
| Woodlawn | UG Proved | 1.2 | 1.7 | 1.4 | 4.5 | 37.1 | 0.7 |
| UG Probable | 4.8 | 1.4 | 1.3 | 3.4 | 27 | 0.4 | |
| UG Total Reserve | 6.0 | 1.5 | 1.3 | 3.6 | 29 | 0.4 | |
Note:
- The Ore Reserves Estimates are reported in accordance with the guidelines of the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). The estimates are reported at 30 June 2024.
- Ore Reserve figures are reported using NSR calculation best suited to each deposit.
- Tonnages are dry metric tonnes. Minor discrepancies may occur due to rounding.
Cut Off Grades
Mineral Resources and Ore Reserves are reported using a block value filed (Net Smelter Return (NSR) $/t) after consideration of the contained metal, payability, concentrate transport cost, and state government, traditional owner and third-party royalties. Cut-off grades are calculated as a dollar per ore tonne, based on the forecast operating costs in the financial model. Economic analysis, including Stope Optimiser (SO) is carried out for each planned stope and only economically positive stopes are included in the Ore Reserve.
This website contains references to Mineral Resource Estimates and Ore Reserve estimates which have been extracted from the following ASX announcements:
Competency Statement
The information contained in this announcement relating to Exploration Results is based on information compiled or revied by Mr Luke Gibson who is an employee of the Company. Mr Gibson is a member of the Australian Institute of Geoscientists and has sufficient experience with the style of mineralisation and the type of deposit under consideration to qualify as Competent Persons as defined in the JORC Code 2012 Edition. Mr Gibson consents to the inclusion in the report of the results reported here and the form and context in which it appears.
The information contained in this announcement relating to the Pioneer Dome Resources is based on information compiled or reviewed by Mr Matthew Watson. Mr Watson is a member of the Australian Institute of Geoscientists and has sufficient experience with the style of mineralisation and the type of deposit under consideration to qualify as Competent Persons as defined in the JORC Code 2012 Edition. Mr Watson consents to the inclusion in the report of the results reported here and the form and context in which it appears.
The information contained in this announcement relating to the Woodlawn and Sulphur Springs Resources is based on information and has sufficient experience with the style of mineralisation and the type of deposit under consideration to qualify as Competent Persons as defined in the JORC Code 2012 Edition. Ms Irvin consents to the inclusion in the report of the results reported here and the form and context in which it appears.
The information in this announcement that relates to Metallurgical Results at the Woodlawn and Sulphur Springs Projects is based on information complied or reviewed by Mr Kurt Tiedemann who is an employee of the Company. Mr Tiedemann is a member of the Australasian Institute of Mining and Metallurgy and has sufficient experience with the style of mineralisation and the type of deposit under consideration to qualify as Competent Persons as defined in the JORC Code 2012 Edition. Mr Tiedemann consents to the inclusion in the report of the results reported here and the form and context in which it appears.
The information contained in this announcement relating to the Sulphur Springs Ore Reserves is based on information compiled or reviewed by Mr Matthew Keenan of Entech Pty Ltd who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Keenan consents to the inclusion. Mr Keenan has sufficient experience relevant to the style of mineralisation, type of deposit under consideration and to the activity being undertaking to qualify as Competent Persons as defined in the JORC Code 2012 Edition – Mr Keenan consents to the inclusion in the announcement of the matters based on their information in the form and context in which it appears.
The information contained in this announcement relating to the Woodlawn Ore Reserves is based on information compiled or reviewed by Mr Tristan Sommerford. Mr Sommerford is Member of the Australasian Institute of Mining and Metallurgy and has sufficient experience relevant to the style of mineralisation, type of deposit under consideration and to the activity being undertaking to qualify as Competent Persons as defined in the JORC Code 2012 Edition. Mr Sommerford consents to the inclusion in the announcement of the matters based on their information in the form and context in which it appears.
No New Information or Data
This website contains references to exploration results and Mineral Resources and Ore Reserve estimates, which have been cross referenced to previous market announcements. The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcements and that all material assumptions and technical parameters underpinning those estimates in the relevant market announcements continue to apply and have not materially changed.