Estrella Resources Declares Maiden Inferred Mineral Resource at East Timor Limestone Project

MT Newswires Live
05/14

Estrella Resources (ASX:ESR) declared a maiden inferred mineral resource of 621 million tonnes at its Werumata limestone project in East Timor, according to a Thursday Australian bourse filing.

The resource contains 493 million tonnes of high-grade limestone suitable for sale as an acid neutralization agent at an average acid neutralization capacity of 83.2%, 33 million tonnes of lower-grade limestone suitable for industrial uses at an average acid neutralization capacity of 35.6%, and 95 million tonnes of high-silica material suitable for road paving, construction aggregate, road base, and rock

fill, with an average silicon dioxide content of 58%.

Open-cut mining is the only economically feasible extraction method, and all three products are direct shipping ores that require only crushing and screening.

Its shares rose over 2% in recent trading on Thursday.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10