 has updated the mineral resource estimate (MRE) for its WA Butcherbird manganese project following the success of the recent infill drilling program.){kind=link}
Butcherbird in its element with 142% resources boost
Element 25 (ASX: E25) has updated the mineral resource estimate (MRE) for its WA Butcherbird manganese project following the success of the recent infill drilling program.
The measured and indicated resource categories increased 142% to 130mt at 10.23% manganese, while the total MRE increased 6% to 274mt at 10% manganese.
The recently completed extensive infill drilling program targeted known mineralisation within the current granted Mining Lease M52/1074, where Butcherbird Stage 1 mining and processing operations are located.
Results from the infill drilling have been used to update the MRE for the Yanneri Ridge, Coodamudji, Richies Find and Mundawindi deposits.
Element 25 managing director Justin Brown comments on the update.
“The updated MRE is a very important step in our delivery of the planned Stage 2 expansion project for Butcherbird,” he said.
“The increase in measured and indicated inventory is expected to support a significant increase in the mining reserve which will translate to a longer mine life and reserve tail, an important metric in financing the project.”
The updated MRE will support re-statement of the Butcherbird ore reserve, pending mine optimisation and scheduling activities which are currently in progress, aiming to extend the current mine life.