Key Points:
• Maiden Indicated Mineral Resource of 7.0Mt @ 0.23% Sn, 0.03% W and 0.21% Li at a 0.1% Sn cutoff grade
• Derived from assumptions in the Scoping Study, Cinovec has the potential to be technically and financially viable
• Mine design work suggests Cinovec could be a bulk underground mining operation
• Processing to produce tin and tungsten concentrates via traditional gravity plant
• Tails from gravity plant fed to lithium processing plant, with battery grade Li2CO3 produced via atmospheric leach • Majority of tailings returned underground as paste fill
• Cost estimates in the study were calculated by independent consultants and are based on data from recent projects and industry standard estimating factors
• Planning in progress for a Pre-feasibility Study, targeting completion H1 CY2016
EMH Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
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