Denarius Metals Announces Conversion of 73% of Resources to the Indicated Category in Its Updated Mineral Resource Estimate for Its Lomero Project in Spain
The Phase 2 and Phase 3 drilling campaigns have successfully converted approximately 73% of the initial inferred MRE to the Indicated Mineral Resources category.
- The Phase 2 and Phase 3 drilling campaigns have successfully converted approximately 73% of the initial inferred MRE to the Indicated Mineral Resources category.
- The updated Mineral Resource for the Lomero Project with an effective date of July 31, 2023 is shown in Table 1 below.
- The Mineral Resources have been reported based on Copper Equivalent ("CuEq") with the key assumptions included in the table.
- Table 1: SRK CIM Compliant Mineral Resource Statement effective July 31, 2023 for the Lomero Project, Spain, reported based on Copper Equivalent CuEq (2)