20974 29Metals AR23 WEB V1 - Flipbook - Page 77
2023 key
results
Chair letter and
CEO report
About
29Metals
Our
assets
Sustainability
& ESG Report
Mineral Resources
and Ore Reserves
Annual
Financial Report
73
Mineral Resources
The 31 December 2023 Mineral Resources es琀椀mates for Capricorn Copper are set out in the table below and incorporate the results of
addi琀椀onal resource conversion, resource extension and grade control drilling completed since the cut-o昀昀 date of the previous Mineral
Resources es琀椀mates for Capricorn Copper (June-July 2022 to March 2023), deple琀椀on through mining and processing, and updated
resource modelling and geological interpreta琀椀on.
JORC Code Table 1 disclosures for these es琀椀mates are set out in 29Metals’ December 2023 Mineral Resources and Ore Reserves
es琀椀mates ASX release dated 23 February 2024.
Grade
Orebody
Category
Esperanza South
Measured
Indicated
Inferred
Total
Esperanza
Measured
Indicated
Pluto
Greenstone
Mammoth
Stockpile
Total
Contained Metal
Tonnes
Mt
Cu
%
Ag
ppm
Co
ppm
As
ppm
S
%
Fe
%
2.7
2.0
20
999
1,395
15.4
14.4
13.8
1.9
19
655
1,150
12.9
15.1
Cu
kt
Ag
koz
Co
kt
As
kt
S
kt
Fe
kt
53
1,717
3
4
411
385
261
8,337
9
16
1,774
2,081
6.3
1.9
16
596
1,075
10.6
14.0
119
3,134
4
7
667
876
22.7
1.9
18
679
1,158
12.6
14.7
434 13,187
15
26
2,852
3,341
–
–
–
–
–
–
–
–
–
–
–
–
–
2.7
2.3
11
1,472
2,203
6.0
21.3
62
972
4
6
162
575
Inferred
1.3
1.7
9
1,103
1,352
7.7
18.5
22
368
1
2
100
241
Total
4.0
2.1
10
1,351
1,924
6.5
20.3
84
1,337
5
8
260
812
–
–
–
–
–
–
–
–
–
–
–
–
–
Indicated
2.3
2.3
1
239
277
0.9
11.2
53
52
1
1
21
258
Inferred
0.9
1.6
1
238
259
0.4
13.6
14
26
0
0
4
122
378
Measured
Total
3.2
2.1
1
239
272
0.7
11.8
67
72
1
1
22
Measured
0.4
1.7
1
55
110
1.0
2.2
6
12
0
0
4
8
Indicated
1.0
1.7
1
92
123
0.8
2.6
18
35
0
0
9
27
12
Inferred
0.4
1.7
1
63
95
0.8
2.9
7
14
0
0
3
Total
1.8
1.7
1
78
114
0.9
2.6
31
62
0
0
15
47
Measured
4.2
1.8
4
89
2,143
6.6
8.0
75
606
0
9
280
339
Indicated
17.7
1.8
4
112
1,568
4.8
7.5
322
2,261
2
28
841
1,331
Inferred
11.0
1.6
4
138
1,856
4.9
8.0
172
1,471
2
20
540
881
Total
33.0
1.7
4
118
1,738
5.0
7.7
568
4,337
4
57
1,662
2,551
0.1
1.3
9
298
927
7.6
9.0
2
43
0
0
11
13
Indicated
Measured
–
–
–
–
–
–
–
–
–
–
–
–
–
Inferred
–
–
–
–
–
–
–
–
–
–
–
–
–
Total
0.1
1.3
9
298
927
7.6
9.0
2
43
0
0
11
13
Measured
7.3
1.8
10
419
1,756
9.5
10.1
134
2,337
3
13
694
733
Indicated
36.6
1.9
10
417
1,341
7.5
11.4
698 11,371
Inferred
21.0
1.7
8
348
1,469
6.6
10.7
352
15
49
2,738
4,167
5,277
7
31
1,383
2,244
Total
64.8
1.8
9
396
1,428
7.4
11.0
1,186 19,049
26
93
4,827
7,149
Note:
Es琀椀mates reported in the table above, other than silver, are rounded to one decimal place. Es琀椀mates for silver are rounded to zero decimal places.
