Home / Mining Company News Releases (Unreviewed) / Avenira Limited: Maiden Indicated Mineral Resource at Baobab Phosphate Project

Avenira Limited: Maiden Indicated Mineral Resource at Baobab Phosphate Project

PERTH, WESTERN AUSTRALIA–(Marketwired – Dec. 7, 2015) – Avenira Limited (TSX:AEV)(ASX:AEV) –

Highlights

  • Maiden Indicated Mineral Resource estimate of 12.6 million tonnes @ 21.0% P2O5 at a 15% P2O5 cut-off grade within the Small Mine Permit at Gadde Bissik East, part of the wider Baobab Phosphate Project.
  • Inferred Mineral Resource of 80 million tonnes @ 19% P2O5 estimated for the remainder of Gadde Bissik East prospect, including more broadly drilled portions of the SMP.
  • Infill resource drilling program continuing within and adjacent to the SMP aimed at increasing estimated Indicated Mineral Resource tonnes.
  • Exploration drilling programs to recommence in early December targeting prospective ground to the east of Gadde Bissik.

A copy of the full announcement can be viewed on our website under www.minemakers.com.au and on www.sedar.com.

Cliff Lawrenson, Managing Director

Avenira Limited
Mr Cliff Lawrenson
Managing Director and CEO
+618 9264 7000

Avenira Limited
Mr Rod Wheatley
CFO and Company Secretary
+618 9264 7000
www.avenira.com

 

Disclaimer: This is an unedited and minimally reviewed public mining company press release originally published at http://feeds.mwnewsroom.com/article/rss?id=2008636. We have linked to our knowledge base articles from within the content of this release in order to help explain some of the terminology used and provide continuity from previous and related news coverage. You can access more in-depth mining company project reviews on our site, as well a knowledge base of articles on mineral exploration, mining and geology-related topics.

About Staff @ Geology for Investors

Geology for Investors seeks to demystify mineral exploration and mining projects for mining company investors. All of our writers and contributors are experienced and educated in geology and the geosciences.