Introduction
Global Resources Management Group and Partners are pleased to announce investment in or sale of a mining lease with significant JORC topaz, tungsten and bismuth resources and a strong potential for gold recovery.
Resource Summary
Our client has an exploration lease for 35 km. in a prime resource location, JORC compliant resources, completed a full feasibility study and is now seeking funds to commercialise the project.
Key Highlights
- The locality of this mining lease has the largest deposit of topaz in the world, and this area has hosted extensive historical tin and tungsten mining operations.
- The exploration company has identified an ore reserve of approximately 5.5 Mt of JORC resources including 940,000 t topaz indicated, 11,000 t tungsten (WO5) and 3,300 t bismuth
- Topaz of high quality, low calcining temp, growing and robust market for product
- There is the potential to very significantly increase this resource base via more exploration
- Infrastructure in the area is excellent, with a 66Kva electric power line transecting the tenement, with robust road access throughout the lease
- Independent geologists report available.
Investment Summary
- The feasibility study for this mining lease has been completed and will be made available to interested parties
- Investment or Outright Sale opportunity
- Anticipated commercial production within 3 years
- Attractive ROI for investor or buyer
For more information contact
For further information, contact Peter Clapin at sales@grmg.com.au