Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBerkeley Mineral Resources Regulatory News (BMR)

  • There is currently no data for BMR

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Kabwe Resource and Operations Update

23 Nov 2011 07:00

RNS Number : 5917S
Berkeley Mineral Resources PLC
23 November 2011
 



BERKELEY MINERAL RESOURCES PLC

("BMR" or "The Company")

 

Kabwe Resource and Operations Update

 

Berkeley Mineral Resources, the tailings processing company, announces that verification and assessment work is continuing on its resources at the former Kabwe mine site in Zambia. This is in connection with the Pre-feasibility Study being completed on all the resources at the project, Washplant, Leachplant and Slags.

 

Drilling

 

Re-drilling of the Slag sections of the stockpiles (see Dumps 57, 21 and 22 on the aerial plan on the BMR website at http://www.bmrplc/projects/resources) to provide data for the material contained in the slag stockpiles has commenced today. The re-drilling is being carried out with percussion drills necessary to provide assayable samples rather than the auger drills previously employed.

 

Washplant Resources

 

Re-interpretation of the resources so far reported on has concluded that there is an uplift in the quantity of JORC-compliant Washplant tailings resources within the total resources at Kabwe. The revised JORC Statement below is a result of further assessment of the quantity and grades of the Washplant tailings resources:

 

 

Resource Classification

Volume (m3)

Dry Bulk Density (t/m3)

Average Moisture Content

Pb (%)

Zn

(%)

Wet Tonnage

Dry

Tonnage

Measured

304,771

1.92

16.61%

7.21

10.66

668,709

573,458

Total

304,771

1.92

16.61%

7.21

10.66

668,709

573,458

 

 

The Competent Person with the overall responsibility for the Mineral Resource estimation and compilation of this report is Mr. D R Young (BSc. Hons., Geology), who is a Competent Person as defined by the JORC Code (2004), being registered as a Professional Natural Scientist with the South African Council for Natural Scientific Professions (SACNASP), with more than 5 years experience relevant to Mineral Resource estimation.

 

Leachplant Resources

 

Drilling of the remainder of the tailings not reported on in the announcement of 28 July 2011 regarding the Leachplant central and southern sections is proceeding.

 

Assaying

 

All samples extracted by drilling are being sent to the SGS assaying centre in South Africa for verification. The final resource statement will thereafter be compiled by The Mineral Corporation and the Pre-Feasibility Study on the beneficiation plant will be concluded by Metanza.

 

23 November 2011

 

This release has been reviewed by Dennis Human, B.Sc. (Hons), Bus. Admin (Hons),

Consulting Geologist in accordance with the guidance note for Mining, Oil & Gas

Companies issued by the London Stock Exchange in respect of AIM Companies.

 

For further information please contact:

 

Berkeley Mineral Resources Plc 020 7408 1181

Masoud Alikhani, Chairman

 

Seymour Pierce 020 7107 8000

Stewart Dickson / Jonathan Wright (Corporate Finance)

Jeremy Stephenson / Richard Redmayne (Corporate Broking)

 

Lothbury Financial Services 020 7868 2010

Michael Padley / Gary Middleton

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBIBDBRDDBGBD
Date   Source Headline
26th Nov 20099:07 amRNSFinal Results
10th Nov 20097:00 amRNSPlacing
14th Oct 20097:00 amRNSDirector Shareholding
13th Oct 20097:00 amRNSFurther grant of mining rights
6th Oct 20099:00 amRNSDirector Shareholding
1st Oct 20097:00 amRNSKabwe Dumps Acquisition Update
31st Mar 20092:00 pmRNSInterim Results
30th Jan 200912:14 pmRNSAGM Statement
30th Dec 200812:00 pmRNSFinal Results
16th Dec 20087:00 amRNSPositive Assay Results
24th Jul 20081:36 pmRNSTotal Voting Rights
8th Jul 20087:00 amRNSZambian Mining & Processing R
27th Jun 20085:00 pmRNSStatement re: Share Price Mov
28th Mar 20087:01 amRNSInterim Results
6th Mar 200812:53 pmRNSChange of Name
13th Feb 20082:24 pmRNSGeneral Meeting
21st Dec 20073:22 pmRNSFinal Results
20th Nov 20072:04 pmRNSDirector/PDMR Shareholding
19th Nov 200710:22 amRNSHolding(s) in Company
9th Nov 20073:00 pmRNSHolding(s) in Company
9th Nov 20077:01 amRNSNew Activity / Funds raised
26th Oct 200710:35 amRNSHolding(s) in Company
5th Sep 20071:55 pmRNSHolding(s) in Company
20th Aug 20077:01 amRNSAIM Rule 26
30th Jul 200711:25 amRNSCompany Update
4th May 20071:57 pmRNSBoard Change
29th Mar 20071:14 pmRNSInterim Results
27th Mar 20071:50 pmRNSVoice Quality Software Stack
29th Dec 200611:25 amRNSPreliminary Results
22nd Dec 20069:59 amRNSTotal Voting Rights
24th Nov 20067:00 amRNSProduct Launch
23rd Nov 20067:00 amRNSConference Attendance
11th Sep 20067:01 amRNSVoice Quality Software
5th Jul 20068:00 amRNSICB Reclassification
31st Mar 20064:09 pmRNSInterim Results
6th Mar 200612:40 pmRNSSale of shareholding
21st Feb 20067:00 amRNSRe: Licensing Agreement
27th Jan 200611:12 amRNSAGM Statement
27th Jan 200611:09 amRNSRe: Placement of shares
23rd Dec 200512:03 pmRNSAnnual Report and Accounts
22nd Dec 200512:00 pmRNSFinal Results
29th Nov 20057:00 amRNSRe Joint Venture
3rd Oct 20057:00 amRNSContract Update
3rd Oct 20057:00 amRNSRe Contract
25th Jul 20054:02 pmRNSHolding(s) in Company
11th Jul 20057:00 amRNSIssue of Equity
27th Jun 20057:00 amRNSNew Contract Awarded
16th Jun 20057:00 amRNSC3 Product Delivery completed
10th Jun 200512:30 pmRNSGrant of Share Options
31st May 20059:00 amRNSTechnology Supply Agreement

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.