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TORONTO, Sept. 02, 2021 (GLOBE NEWSWIRE) -- Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) ("Giyani" or the "Company"), developer of the K.Hill manganese project (“K.Hill Project”) in Botswana, is pleased to announce an updated Mineral Resource Estimate (“MRE”) for the K.Hill Project as part of the feasibility study for the K.Hill Project (“FS”). The MRE has been prepared in accordance with the CIM Code and National Instrument 43-101 (“NI 43-101”).
Highlights
- Infill drilling has resulted in the conversion of approximately 95% of the current Inferred Mineral Resources for the K.Hill Project into the Indicated Mineral Resources category and a 25% increase in total contained manganese (“Mn”) metal.
- Indicated Mineral Resources for the K.Hill Project’s main mineralized zone are reported as 1.6 million tonnes (“Mt”) at an average grade of 22.0% manganese oxide (“MnO”), equivalent to approximately 0.4 Mt of contained Mn metal.
- Inferred Mineral Resources, including the newly discovered mineralized horizon known as the B Horizon, are reported as 1.4 Mt at an average grade of 13.9% MnO, equivalent to approximately 0.2 Mt contained Mn metal.
- Total contained Mn metal would equate to roughly 1.7 Mt of High Purity Manganese Sulphate Monohydrate (“HPMSM”).
- Samples from the B Horizon are currently undergoing detailed mineralogy and hydrometallurgical testwork and may facilitate potential upgrade from the...
Read Full Story: https://www.globenewswire.com/news-release/2021/09/02/2290968/0/en/Giyani-Announces-Maiden-Indicated-Mineral-Resources-at-K-Hill-Manganese-Project-Botswana.html
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