Patriot Announces Maiden Resource at Tassa Project
Summary
Patriot Resources has announced a maiden JORC (2012) Inferred Mineral Resource Estimate for the Tassa Project in Southern Peru. The resource is estimated at 18.53 million tonnes at 52.68 g/t AgEq, containing 31.39 Moz AgEq, with a significant silver component. The mineralisation is part of a large-scale epithermal system that remains open in all directions, suggesting potential for further expansion. The company plans to conduct further drilling to enhance the resource classification and explore additional growth opportunities.
Investor Highlights
Extracted from the company announcement. This is not financial advice.
- Maiden JORC (2012) Inferred Mineral Resource of 31.4Moz AgEq.
- Resource includes 25.5 Moz silver at 42.73 g/t Ag.
- Exploration Target estimated at 29-46 Mt for 40-87 Moz AgEq.
- Mineralisation remains open in all directions.
- Further drilling planned for 2026.
Key Points
- Maiden JORC (2012) Inferred Mineral Resource of 31.4Moz AgEq at Tassa Project.
- Resource includes 25.5 Moz silver at 42.73 g/t Ag.
- Mineralisation is open in all directions, indicating potential for expansion.
- Exploration Target estimated at 29-46 Mt for 40-87 Moz AgEq.
- Further drilling planned for 2026 to expand and upgrade the resource.
Key Changes Since Last Announcement
No direct comparison available from recent announcements.
Readability
Technical — The announcement includes detailed technical data and mining terminology.
Mine Brief summaries are generated from company announcements and are provided for general information only. They are not financial advice. Investors should refer to the original announcements and seek professional advice where appropriate.
