Monday 5 January 2015

Otmane El Rhazi : Ascot declares maiden reserve at Wonmunna

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



Iron-ore hopeful Ascot Resources has reported a maiden probable ore reserve estimate of 28.9-million tonnes, grading 58% iron at its Wonmunna project, in the Pilbara. In addition to the ore reserve estimate, Ascot noted that the CMM deposit also contained some 2.7-million tonnes of mineable tonnage, at an average grade of 58% iron, giving the Wonmunna project a potential mineable inventory estimate of 31.6-million tonnes, at 58% iron.

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