The Kitsault Molybdenum Mine - owned 100% by Avanti Kitsault Mine Ltd (CVE:AVT), is a former producing mine (total production during two prior periods was approximately 30 million pounds of moly) and is considered one of the top-five undeveloped primary molybdenum assets worldwide.
Vancouver’s Avanti Mining announced the updated resource estimates for its Kitsault moly project are 54 million tonnes at 0.112% Mo in the measured category, 153 million tonnes at 0.088% Mo in the indicated category, and 26 million tonnes grading 0.069% Mo in the inferred category. Craig J. Nelsen, Avanti president and CEO, stated: This new [...]
Avanti Mining Inc. declared an updated Mineral Resource Statement for its 100% owned Kitsault molybdenum deposit located in British Columbia, Canada. Craig J. Nelsen, President and CEO, stated: This new resource statement resulted in an increase of 24% of contained Molybdenum in the Measured and Indicated classification over our previous resource model. For full story, [...]
Wednesday, January 6, 2010