KEY POINTS
Perkoa JV Project Mineral Resource increased to 12.17 Mt @ 10.3% Zn and 53.9 g/t Ag, an 80% increase over the 2005 Mineral Resource which contained 6.72 Mt @ 16.4% Zn and 35.4 g/t Ag.
Measured and Indicated Mineral Resources increased to 7.15 Mt @ 11.0% Zn and 53.8 g/t Ag.
The Perkoa Deposit (total Mineral Resource) now contains:
- 1.246 Mt of zinc metal;
- 655.5 tonnes (23 Moz) of silver;
- 19,600 tonnes lead;
compared to 2005 Mineral Resource of:
- 1.102Mt of zinc metal
- 238 tonnes (8.4 Moz) silver; and
- zero lead.
Commissioning of generators commencing in next 2 weeks, with “Dry” commissioning of the process plant expected to commence in latter stage of Q3 CY2012.
Blackthorn Resources Limited (ASX:BTR, ‘Blackthorn Resources’ or ‘the Company’) is pleased to report the following updated Mineral Resources estimate at the Perkoa JV Project. The estimate has been completed by independent consultants, SRK Consulting (Australasia) Pty Ltd, in accordance with the principles of the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.
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