https://www.engineeringnews.co.za

Vector reports maiden resource at DRC gold prospect

17th January 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – ASX-listed junior Vector Resources has reported a maiden inferred Joint Ore Reserves Committee-compliant resource of 6.96-million tonnes at its Kabotshome gold prospect, in the Democratic Republic of Congo.

Grading 1.9 g/t gold, the prospect, which forms part of the greater Maniema gold project, is estimated to host 421 000 oz of gold.

Vector told shareholders on Tuesday that the resource was determined following an extensive review and verification of historical exploration work, a geological database and certified sampling and testwork documentation.

Further detailed resource modelling and estimation work were now ongoing at the Kabotshome prospect, with the aim of increasing the resource size and upgrading confidence levels.

The Maniema project comprises seven granted exploration licences covering some 500 km2. The project contains five main prospects, including Kabotshome, which is the most advanced.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ATI Systems
ATI Systems

ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.

VISIT SHOWROOM 
MBE Minerals SA (Pty) Ltd
MBE Minerals SA (Pty) Ltd

Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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







301

sq:0.047 0.822s - 142pq - 4rq
Subscribe Now