AVM 4.17% 2.3¢ advance metals limited

sedar reports, page-6

  1. KKR
    1,230 Posts.
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    Some more interesting points from the 100+ page Technical Report. Great photos and technical drawings that really give you a clear idea of the project.

    (p8)”This report outlines the work completed on the first 7.5 kilometres of the deposit in the creek, measured from the point of discharge of the tailings into the creek. Anvil is still in the process of completing work in the remainder of the deposit from 7.5 kilometres to approximately 14 kilometres.

    In the first 7.5 kilometres to a depth of 3 metres of the Kulumaziba Creek, the Inferred Resource is estimated as 1.5 million tonnes of 6.8% copper with 0.1% cobalt. “

    (p21)”The surface extent of the Kulumaziba deposit is clearly defined and traceable. The materials that form the deposit are clearly recognizable from the underlying soils, clay and materials of the preexisting creek channel.” (the photos clearly show this)

    (p34)”FinOre completed an estimate of the volumes and grades for the tailings in those parts thicker than 3 metres and presented it in their report. This estimate of grade for tailings below 3m does not form part of this technical report. It is estimated that approximately 300,000 tonnes of tailings exist below 3m in the first 7.5 kilometres.”

    This report is well worth a read if you want to get a better handle of the Kulumaziba Tailings Project. Or at least the first 7.5km of it.

    All the best

    KKR


 
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