Wednesday, October 26, 2022 1:22:34 PM
https://greenbatteryminerals.com/wp-content/uploads/ReportFINAL_compressed.pdf
The mineral resource estimate yields an Indicated Resource of 1.76 Mt at 17.00% Cgr and Inferred Resource of 1.53 Mt at 16.4% Cgr. The pit constrained resource sensitivity remains robust even in reducing significantly the assumed commodity price (US$ 1,140 per tonne graphite, or CDN$ 1,530 per tonne)
Mt= million tons
The Zone 1 deposit lies 8 km southwest of Mason Graphite’s deposit which is the subject of a current feasibility study. The Company believes its Zone 1 deposit and that of Mason share many similar geological characteristics with the Zone 1 deposit being one of the highest-grade graphite deposits in the world.
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