Consolidated Tin Mines Ltd. on Oct. 17 released an updated JORC-compliant resource estimate for the Kaiser Bill deposit within the larger Einasleigh copper project in Queensland, Australia.
The deposit is now estimated to host total resources of 15.5 million tonnes at 0.93% copper and 7 g/t of silver for 144,000 tonnes of copper and 3.4 million ounces of silver, using a cut-off grade of 0.5% copper, compared to the previous resource estimate of 15 million tonnes at 0.84% copper.
Kaiser Bill's resource estimate now includes 11 additional drill holes from 2010 and 10 holes drilled in 2015. Further drilling at the deposit is underway to test for resource extension that has not yet been included in Kaiser Bill's resource review.