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Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company is working towards bringing the world-class zinc-lead Pine Point Property back into production in Northwest Territories, Canada, and developing its Los Pinos heap leach copper project in Peru.
The Company’s primary focus is the Pine Point Project, which consists of the Pine Point Mine, which was the largest and most profitable base metal mine in Canadian history. Tamerlane controls this project plus a large contiguous property to the west originally explored by Westmin Resources.
Updated Feasibility Study and National Instrument 43-101 Mineral Resource Report Completed
Tamerlane recently announced its updated feasibility study and NI 43-101 Reserve Report. reserve report for the Pine Point Project. The current mineral inventory for the project is as follows:
Proven & Probable Reserves: 7.8 million tonnes (6.16% Zn, 3.01% Pb)
Measured & Indicated Resources: 8.0 million tonnes (2.26% Zn, 1.13% Pb)
Inferred Resources: 4.1 million tonnes (2.36% Zn, 0.82% Pb)
Pine Point Development / Mining Plan Snapshot
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The Pine Point Project will first develop and mine the R190 deposit which contains reserves of 1,000,027 tonnes at a grade of 11.16% zinc and 5.49% lead
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The deposit will be mined utilizing a freeze perimeter and other proven technologies for underground mining operations;
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Tamerlane will then use the infrastructure to access a series of nearby deposits that were the subject of the recently announced feasibility study.
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Tamerlane Ventures: BNN
Business News Network
Commodities : January 6, 2012 : Potash Production Cuts & Mining Investment Ideas
As Seen on BNN.
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