| Announcement Date: | 2022-03-21 |
|---|---|
| Announcement Type: | Deposit Estimation |
| Announcement Code: | JORC |
| Company name: | Aeon Metals Ltd. |
| Project name: | Walford Creek |
| Location: | Australia |
| Commodities: | Silver,Copper,Lead,Nickel,Zinc,Cobalt |
| Highlight: | Amended Updated Resource Estimate for Project |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Aeon Metals Limited (ASX: AML) (Aeon or the Company) refers to the announcement released on 16 March 2022 entitled “Walford Creek Resource Upgrade”. The Company wishes to provide further information for the purposes of ASX Listing Rule 5.8.1, and accordingly, has attached an updated announcement which includes this information. Aeon Metals Limited (ASX: AML) (Aeon or the Company) is pleased to provide an update on the Mineral Resource (MRE) for the Walford Creek Project following the receipt and incorporation of final drilling data from the 2021 field program. On 30 June 2021, Aeon announced the completion of a Scoping Study on the Walford Creek Project which highlighted the potential to develop a long life, major mining project focussed on producing a portfolio of battery metals headed by copper and cobalt. This study formed the basis for directing the 2021 field program at the Walford Creek Project, identifying the following components as critical next steps in advancing toward completion of a Pre-Feasibility Study (PFS) under the new project configuration |
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