Vault Minerals Updates Mineral Resource, Ore Reserve Estimates for Western Australia, Canada Operations

MT Newswires Live

2024-10-22

Vault Minerals (ASX:VAU) updated the overall mineral resource and ore reserve estimates for its operations in Western Australia and Canada, according to a Tuesday filing with the Australian bourse.

The miner said in the filing that the group mineral resource stands at 155 million tonnes of material at 2.5 grams per tonne (g/t) grade of gold for 12.3 million gold ounces. The mineral resource also includes 15,000 tonnes of copper.

The filing added that the group ore reserve is 84.5 million tonnes of material at 1.3 g/t gold for 3.4 million gold ounces. The ore reserve also includes 2,300 tonnes of copper.

Vault Minerals' shares slipped almost 1% in recent Tuesday trade.

Price (AUD): $0.39, Change: $-0.0030, Percent Change: -0.77%

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