MINERAL resources at the silver-lead-zinc joint venture of Metal Tiger and KEMCO in Thailand have been upgraded. A new Competent Persons Report (CPR) from SRK Consulting has seen contained metal increase 25% over the 2013 report due primarily to resources being upgraded to the indicated category.
DISCUSSIONS are ongoing between FYI Resources and China’s Yuntianhua Group (YTH) regarding the Sino-Lao Potash Project joint venture. The companies are continuing to refine a common development strategy on the project and to explore various equity, expansion, production and capital expenditure options.
A DEFINITIVE feasibility study (DFS) has confirmed that Emerald Resources’ Okvau Gold Project in Cambodia is robust and compelling. The DFS is based on a 2 million tonnes per annum operation and an ore reserve of 907,000 ounces.
FRONT End Engineering Design (FEED) work will lead to an internal definitive feasibility study (DFS) for Monument Mining’s Selinsing Sulphide Project in Malaysia. This process is based on follow-up test work on the 2016 pre-feasibility study (PFS).