Myanmar Metals Ltd. updated resources for its 85%-owned Bawdwin lead-zinc-silver-copper property in Myanmar. The company is earning its interest under an option agreement with Win Myint Mo Industries Co.
According to the Oct. 17 release, Bawdwin hosts inferred resources totaling 41.4 million tonnes grading 7.5% lead, 3.5% zinc, 0.33% copper and 178 g/t of silver, using a cutoff of 2.0% lead.
The updated estimate, which covers the Shan, China and Meingtha deposits, will provide key data for an ongoing scoping study on an open pit development at Bawdwin.
Myanmar Metals is also planning drilling at Bawdwin in the first half of 2018, aiming to upgrade resources and test for extensions to mineralization.