Resource remains open in all lateral directions, as drilling has yet to fully delineate the Hill 616 supergene and manganiferous shale mineralisation
Highlights
• Maiden Inferred Mineral Resource Estimate at Hill 616 of 57.5mt at 12.2% Mn
o Includes a close-to-surface supergene manganese zone of 8.1mt at 17.4% Mn
• Identification of higher-grade supergene zone at Hill 616 strengthens Firebird's Rapid
| use | Development Strategy, which is currently underway and evaluating initial production through |
| DSO via simple beneficiation | |
| o | Firebird focused on assessing speed to market options to provide early cashflow to fund |
| personal | |
| future manganese sulphate development for the battery market | |
| • Addition of Hill 616 Mineral Resource to the Oakover Project Mineral Resource increases the | |
| Company's total Inferred Mineral Resources by 90% to 121mt: | |
| o Oakover Project - Inferred JORC 2012 Mineral Resource Estimate of 64 Mt @ 10% Mn | |
| • Historical drilling of more than 4,900m over 2.2 km of strike was sufficient to establish the | |
| Hill 616 Maiden Resource, resulting in a significant and inexpensive uplift in total defined | |
| resource |
Firebird Metals Limited (ASX: FRB) (Firebird or the Company) is pleased to announce a Maiden Inferred Mineral Resource Estimate (MRE) at Hill 616 of 57.5 million tonnes grading 12.2% Mn, which includes a higher-gradelateritic supergene zone of 8.1 million tonnes grading 17.4% Mn.
The MRE was...
Read Full Story: https://www.marketscreener.com/quote/stock/FIREBIRD-METALS-LIMITED-119203435/news/Firebird-Metals-Hill-616-Maiden-Inferred-Resource-Increases-Mn-90-37174144/
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