Kukës

Polymetal: Ore Reserves, Mineral Resources and Exploration update as at 1 January 2021

Retrieved on: 
Monday, March 1, 2021

In 2021, further exploration at Eastern Bakyrchik sites is planned to convert open-pit Mineral Resources into the Indicated category.

Key Points: 
  • In 2021, further exploration at Eastern Bakyrchik sites is planned to convert open-pit Mineral Resources into the Indicated category.
  • In 2020, exploration activities included exploration drilling (9.3 km) along the flanks and delineation of the ore body at the Anfisa open pit.
  • Most of the exploration work was focused on Mineral Resources of heap leachable ore on the flanks of the ore zones and the upgrade of Mineral Resource categories.
  • Detailed drilling will be carried out at the main ore zones to convert Mineral Resources into Ore Reserves.

Silvercorp Reports Increased Reserves and Resources at the GC Mine

Retrieved on: 
Tuesday, September 3, 2019

The GC Mine also has the potential to extend the LOM beyond 2031, via conversion of existing Mineral Resources to Mineral Reserves, and further exploration and development.

Key Points: 
  • The GC Mine also has the potential to extend the LOM beyond 2031, via conversion of existing Mineral Resources to Mineral Reserves, and further exploration and development.
  • The results of the underground drilling program at the GC Mine show that vein structures are still open at depth.
  • Silvercorp completed its first phase of diamond drilling at the GC Mine in 2008.
  • Metal content conversions for silver, lead, and zinc from Measured plus Indicated Mineral Resources to Proven plus Probable Mineral Reserves are 48%, 53% and 48%, respectively.