Zinc One unveils maiden resource estimate for Peru project

5th February 2019

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

Font size: - +

TSX-V-listed Zinc One Resources has announced a maiden initial resource estimate for the Bongará zinc mine project, in north-central Peru.

The estimate consists of an indicated mineral resource of 812 000 t averaging 18.9% zinc containing 339-million pounds of zinc at a 10% zinc cut-off and an inferred mineral resource of more than 1.3-million tonnes, averaging 16.8% zinc containing 496-million pounds of zinc at a 10% zinc cut-off.

Commenting on the results, Zinc One director Greg Crowe said that the initial mineral resource quantified the volumes of high-grade zinc in an area of known near-surface mineralisation along a 1.4 km trend.

He also noted that geologic mapping and surface sampling confirmed the potential of the larger Bongará zinc mine project to host additional significant zinc mineralisation.

In 2019, Zinc One intends to carry out additional drilling that includes upgrading the confidence level of the currently defined inferred mineral resources and to expand the overall resource at nearby undrilled high-priority targets located between Mina Chica and Mina Grande Norte, as well as the northwest of Mina Chica at Camp Cielo.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION