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Mayur posts reserve for PNG's first mineral sands project

Mayur Resources has put out a maiden reserve statement for its planned Orokolo Bay mineral and industrial sand project in Papua New Guinea following a recent 40% increase in resources from 172.7 to 243 million tonnes.

Mayur posts reserve for PNG's first mineral sands project Mayur posts reserve for PNG's first mineral sands project Mayur posts reserve for PNG's first mineral sands project Mayur posts reserve for PNG's first mineral sands project Mayur posts reserve for PNG's first mineral sands project
The maiden in-situ reserve estimate is 30.6Mt, using an 8.2% iron cut-off, which is higher than the 5.25% cut-off used previously, as the company has optimised its mine schedule.

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