MAN mandrake resources limited

Ann: Maiden Inferred Resource of 3.3Mt LCE, page-110

  1. 4,820 Posts.
    lightbulb Created with Sketch. 909
    This is taken from SLI's PEA. Read it carefully!
    (btw their grades are much higher).
    Take note of the cut off grade of 9% POROSITY,
    Why is the 5% even included as part of the MRE?

    Notes:[1] Volumes are in-place.[
    2] Cutoff of 9% porosity.

    [3] The effective date of the resource estimate is August 18, 2023.[

    4] Mineral Resources are inclusive of Mineral Reserves.[

    5] The Qualified Persons for the Mineral Resource Estimates is Randal M. Brush, PE and Robert Williams, PG, CPG.

    [6] The Mineral Resource estimate follows 2014 CIM Definition Standards and the 2019 CIM MRMR Best Practice Guidelines.[

    7] These Mineral Resources are not Mineral Reserves as they do not have demonstrated economic viability.

    We wait for drilling then

    Tab

 
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